Key Difference: GST searches are business-centric, focusing on transactional compliance, while Income Tax searches are more intrusive, aiming at personal and undisclosed income. Governed by Section 67 ...
In the realm of taxation, income is classified into various categories, with one of the most significant being Income from Business and Profession. This ...
People who take tax exemption by citing income from agriculture are now seen getting caught in the clutches of the Income Tax ...
Usually, the discussion on the income and property of the temple at the tea shop finally concludes that there is no tax on ...
While renting out residential properties remains tax-exempt, commercial leasing comes with specific GST rules that every ...
Janapati Venkateswarlu, a daily wage labourer from Chundrugonda, was left stunned after receiving a demand notice from the ...
The State government has consistently adopted a strong stance in the GST Council to avoid revenue loss in Goods and Services Tax (GST), Finance Minister K.N. Balagopal said on Monday.
This invisible yet pervasive price disparity, known as the ‘pink tax’, quietly drains women’s wallets on everything from ...