The Central Board of Direct Taxes (CBDT) has unveiled a groundbreaking update to the Annual Information Statement (AIS), revolutionizing how taxpayers manage their financial data. This new feature provides real-time…
Understanding the Implications of the Karnataka High Court Ruling on International Workers’ Provident Fund
On April 25, 2024, a significant judgment was delivered by the Hon’ble High Court of Karnataka, impacting the provisions for ‘international workers’ under the Employees’ Provident Funds Scheme, 1952 (Provident…
AI’s Influence on Corporate Governance
AI’s Impact The integration of artificial intelligence (AI) technologies into corporate governance practices is ushering in a transformative era, reshaping how companies operate and fulfill their obligations to shareholders and…
The Vital Role of Rules at Workplace
Background Rules are the guidelines or instructions that tell people what they should or shouldn’t do in a certain situation. In both professional and social spheres, their significance cannot be…
Optimizing New Tax Regime Options for AY 2024-25 and Beyond
The new tax regime introduced under Section 115BACfor Assessment Year 2024-25 (Financial Year 2023-24) offers lower rates but limits certain exemptions and deductions available under the old tax regime. Applicability:…