For non-resident Indians (NRIs), securing their Indian family's financial future is paramount, especially if they are the main breadwinners. Term insurance plays a crucial role in providing this protection, ensuring…
Amidst uncertainty following the Supreme Court's declaration of electoral bonds as unconstitutional, taxpayers contributing through these bonds in FY24 can still avail themselves of 100% tax deduction benefits. An official…
The Unique Identification Authority of India (UIDAI) has responded to allegations made by West Bengal Chief Minister Mamata Banerjee regarding the deactivation of Aadhaar cards by stating that no Aadhaar…
In a positive development for India's employment landscape, the Employees' Provident Fund Organization (EPFO) has reported a substantial increase in new members during December 2023. The provisional payroll data reveals…
The Ministry of Micro, Small, and Medium Enterprises (MSME) is set to achieve a significant milestone with the inauguration of multiple Technology Centers, Extension Centers, and Development and Facilitation Offices…
The implementation of e-invoicing under the GST regime signifies India's commitment to modernizing its tax system and fostering digital inclusivity. This transition not only streamlines financial processes but also redefines…
The Government e-Marketplace (GeM) has achieved a significant milestone by surpassing the order volume of the previous fiscal year (FY23) in the current financial year. As of Tuesday, GeM has…
The Employees’ Provident Fund Organization (EPFO) recently issued a circular (No: WSU/2024/1/UIDAI Matter/4090) on January 16, 2024, announcing the removal of Aadhaar from the list of acceptable documents as proof…
The Udyam portal, facilitated by the government for MSME registration, has achieved a significant milestone by surpassing 3.5 crore registrations. This feat underscores the growing adoption of formalized registration among…
As the government contemplates bringing electricity under the purview of Goods and Services Tax (GST), Deloitte's analysis suggests potential benefits for the industry, primarily in reducing levies. Input tax credits…