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Tax Audit In India

Section 44AB specifies that certain categories of individuals or businesses require tax audits by a chartered accountant in order to ensure compliance with the laws and to keep fraudulent tax practices in check. Under Section 44AB of the Income Tax…

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Income tax 2020-21

The Budget for the year has been announced on the 1st of February 2020. In the new budget, the Finance Minister of India has announced a new regime for income tax. However, the new income tax regime is optional, and individuals…

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Types of GST in India

In India, there are three types of GST. CGST is a part of Goods and Service Tax (GST) CGST means Central Goods and Service Tax, one of the three categories under Goods and Service Tax (CGST, IGST and SGST) with…

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