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Showing posts from September, 2025

Tax treatment of cash credit under Indian law

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WHAT IS CASH CREDIT?

New shock from U.S on H 1-B visa holders.

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 According to the new executive order signed by U.S President Donald Trump the U.S imposed a new anual fee of 100000 dollars on H-1B Visa holders.

A look at Pharma and Healthcare industry of India India

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Growth expectations     In the light of increased demand, innovation and technological advancements the global pharma sector is expected to grow to reach over 3 trillion dollars by 2032. In line with global growth the value of India's pharma sector especially listed companies is expected to grow. All over the value of domestic pharma sector is expected to hit 130 billion dollars by 2030 and 450 billion dollars by 2047.

IPO of the next week

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Know Big Four and services

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In corporate sector the term Big Four refers to the following 4 companies. 1. Deloitte  2. EY  3. PwC 4. KPMG Their services to corporate sector is famous and well-known due to its quality and trust. What services they provide? EY The EY offers taxation services and solutions, consulting services and solutions, AI solutions, strategy and transaction services, technology consulting services and solutions,risk services and solutions, sustainability services and solutions, people and workforce, managed services and solutions. Deloitte   The Deloitte offers audit services, insurance services, business process solutions, customer services, cyber services, human capital, strategy and transaction, sustainability,risk, regulatory and forensic services, legal services,operate services,tax services, engineering services,AI solutions, data services, Enterprise technology and database services, generative AI, global employer services, international specialist services. PwC The PwC of...

ITR Filing - AY 2025-26

For Financial Year 2024-25 Assesment Year 2025-26) September 15, 2025 is the due date for Income Tax Return filling for taxpayers not requiring audit, such as individuals and HUFs as per the CBDT notification. Filing is now simpler with pre-filled forms anf data and you can file your ITR faster than earlier via online processing. As per report from the website of IT department,  o ver 7.28 crore ITRs were filed in AY 2024–25.   Late filing attracts penalties and interest charges.

Overview of MCX Products - Commodity Derivatives Exchange of India

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General The Multi Commodity Exchange of India Limited  (MCX) is India's prominent and largest commodity derivative exchange. It provides  facilities of online trading of commodity derivatives transactions.