By adopting the principles of Atma Nirbhar and Viksit Bharat, the BUDGET 2025 pledges to harness India's enormous potential for prosperity. We are pleased to forward you our clause by clause insights of Income Tax and GST changes proposed in the Budget 2025. Please click APCCA_BUDGET_2025_Analysis to read detailed analysis. Hope this will be insightful.

Budget envisages sustained efforts on the following 9 priorities for generating ample opportunities for all along with detailing for roadmap for the pursuit of ‘Viksit Bharat’: We are publishing our analysis on key announcements made in the Budget 2024. Have a Look into the APCCA_BUDGET_2024_Analysis Thank you

The Finance (No. 2) Act, 2019 has introduced a new section in the Income Tax Act, 1961 namely, section 269SU with an objective to encourage digital economy and move towards a less-cash economy. Click here for detailed FAQ on 269SU

CBDT wide Notification No. 32/2020-Income Tax date 12th June,2020 has notified the Cost Inflation Index for calculation of capital gain for assets sold for FY 2020-21 as 301. You can also refer the table showing cost inflation index for earlier year here   :  Cost inflation Index Table from 2001

Finance Minister Nirmala Sitharaman, in her Budget on July 5, had proposed 2 per cent tax deduction at source (TDS) on Rs 1 crore cash withdrawal from "one or more accounts" to discourage high-value withdrawals. The Finance Bill, 2019, said any bank or a co-operative society engaged in carrying on the business of banking; or post office, which is responsible for paying any sum, in cash, in exce...

Finance Minister Smt. Nirmala Sitharaman quoted in her budget speech "With this Vision set before us and with the mandate given by its people, we are determined to take India to that height that it richly deserves. I strongly believe that with the clear headed leadership of Hon'ble Prime Minister we can achieve our goal." Detailed analysis of budget is as under: Union Budget 2019

The Banning of Unregulated Deposit Ordinance puts a check only on illicit deposit schemes that dupes gullible investors but it does not prohibit those regulated by law like chit funds. To curb menace of Ponzi schemes, President Ram Nath Kovind last week promulgated the Banning of Unregulated Deposit Scheme Ordinance 2019 which seeks to make such unregulated deposit scheme punishable, among other t...

Ministry of Corporate Affairs by Notification dated 22nd January, 2019 implemented reporting system. For all the Companies pertaining to goods and services received from MSME and whose payments are due for more than 45 days. Please click here: MSME Compliance

On 1st February,2019, Hon. Finanace Minister has pesented the Interim Budget due to Election coming up in few months. Find in the link below some important changes proposed in the taxation for the coming year. Please click here: Interim Budget 2019-20    

By this time every stakeholder must be be aware that E-way bill is compulsory with effect from 01.04.2018 for Inter State movement of Goods.    For Intra State movement of goods, date of implementation of e-way bill will be notified later on .   Ater its first implementation in February 2018, Government has amended e-way bill rules in March 2018. There are certain basic aspects which one need ...