In past couple of years, there have been notable updates to India’s Goods and Services Tax (GST) and Tax Collection at Source (TCS) under Income Tax Act, 1961 regulations affecting travel agents and ...

Over the past few decades, the manufacturing and services sectors have increasingly contributed to the growth of the economy, while the agriculture sector’s contribution has decreased from more than ...

So accordingly Maximum Rate of Tax should be 25% for Individual, HUF, AOP and BOI. Same way tax on Firms, LLP and Companies should be 25%. Standard Deduction which was increase from 50,000 to 75,000 ...