The government introduced various incentives in the recent times to encourage the adoption of the new regime. testttThese changes show that the government intends to have taxpayers transition to the new regime and eventually phase out the old one. Though the new regime is now the default tax regime, the old tax regime will continue to exist.Budget 2025 UpdateThe income earned up-to Rs.12 Lakhs under new regime will ultimately have Nil tax liability. Here's how!The modified slab rates for new tax regime applicable for FY 2025-2026 are as follows:Income Tax SlabsTax RatesUp-to Rs. 4,00,000NILRs.

Recently, the government introduced changes in Micro, Small, and Medium Enterprises (MSME) investment and turnover limits, thus bringing many industries and companies within the MSME purview. The revised classification is effective from 1 April 2025, enhancing business opportunities and flexibility for MSMEs. This article provides the revised MSME classification, MSME eligibility, MSME registration process, documents required for registration and much more. What is MSME Classification?Initially, when the government introduced the MSME registration in 2006, the MSME classification was based on the investment criteria in plant and machinery or equipment. Later, the government revised the MSME classification by inserting annual investment and annual criteria. Also, the distinction between the manufacturing and the services sectors under the MSME definition was removed.The Budget 2025 revised the MSME classification. This revised classification is effective 1 April 2025.

FOOBAR E-businesses and e-commerce can be used interchangeably. However, e-commerce refers to conducting online transactions, while e-business encompasses all the business services and activities operated utilising the web! Meaning of E-CommerceE-commerce  refers to performing online commercial transactions and activities over the internet. It includes activities like making monetary transactions, selling and buying products, etc., over the internet. Applications (Apps) and websites are required for e-commerce. Some of the e-commerce activities include the following:Paying different taxesTicketing over internetProducts sold or purchased onlineOnline paymentsOnline customer supportOnline accounting softwareExamples of e-commerce are online retailers like Flipkart, Amazon, Paytm mall, and Myntra, sellers of digital goods like online services, ebooks, etc.Meaning of E-BusinessE-business refers to performing all types of business activities through the internet.

Income tax is a direct tax which follows a progressive slab system, where tax rates increase with higher income. The taxpayers can choose between the old regime, which offers deductions and exemptions, and the new regime, which offers lower tax rates but without deductions and exemptions. In this article, we will explore the different slabs under both the old and new regimes and help you understand which one is more beneficial for you.Income Tax Slabs for FY 2025-26 (AY 2026-27)Under the Budget 2025, individuals with income up to Rs. 12,00,000 will have zero tax liability for the FY 2025-26 (AY 2026-27) under the new tax regime. Here's how:The revised tax slabs are as follows:Annual Income Tax SlabsIncome Tax RatesUpto Rs.4,00,000NILRs.4,00,001 - Rs.8,00,0005%Rs.8,00,001 - Rs.12,00,00010%Rs.12,00,001 - Rs.16,00,000 15%Rs.16,00,001 - Rs.20,00,00020%Rs.20,00,001 - Rs.24,00,00025%Above Rs.24,00,000 30%.

document.addEventListener("DOMContentLoaded", (event) => { const iframe = document.getElementById("spotify-player"); iframe.addEventListener("load", () => { console.log("Iframe loaded!"); const element = document.querySelector('[data-testid="embed-widget-container"]'); console.log(element); }); }) L Bharat is a growing economy with ample business opportunities. The Indian government is providing immense support to startups and new businesses. Thus, many plan to start a business and become leaders in their chosen fields.Click here However, before starting a business, an individual should understand the market, industry and competition of the business he/she wishes to establish. There are many business ideas, but here are the top 10 most profitable businesses in India. {RX RC001 RX} 1. Cloud KitchenCloud kitchen is also known as a ghost or virtual kitchen.

 Trading means buying and selling goods, products or services for money. A trading business means purchasing goods from various manufacturers or wholesalers and selling them to retailers or customers. A trading business can be started as a small business, but it offers entrepreneurs the opportunity to make profits. The success of the business depends upon one’s skills. The top five low-investment trading business ideas in India are listed below. Furniture BusinessFurniture trading is a profitable business in India.

Sarees have a high demand in India. Women browse for unique sarees to wear for festivals. Plus, many women prefer to wear sarees for functions. In India, there are festivals and functions throughout the year. Sarees never go out of style because of the variety they offer.

Copyright provides exclusive rights to the copyright holder, such as the right to distribute, reproduce, perform or display the copyright-protected work. The usage of copyright-protected work without the authorisation/permission of the copyright owner results in copyright infringement.Thus, copyright infringement means the unauthorised use of someone’s copyrighted work for a profit. It results in the infringement of certain rights of the copyright holder, such as the right to distribute, reproduce, perform or display the protected work.Rights of a Copyright OwnerThe name of the author or publisher that appears in the copies of dramatic, literary, artistic or musical work is presumed to be the author/copyright owner of the work. A copyright owner has the following rights in the copyrighted work:Produce the work in publicPublish the workPerform the work in publicTranslate the workMake a cinematograph film or a record of the workBroadcast the workMake an adaptation of the workMake copies of the work and distribute themPrevent others from unauthorised usage of the copyrighted workCopyright Infringement in IndiaAs per the Copyright Act, 1957, the use of a copyrighted work without the permission of the owner results in copyright infringement. Infringement occurs when a third person unintentionally or intentionally uses/copies the work of another without giving credit.

Title deeds of the lands are documents used in real estate in India. The title deeds of an immovable asset convey a person’s ownership over such an asset to the public. It helps buyers verify whether the seller of the property is the owner and has the right to sell it. The title deeds must be complete and provide all necessary information about the property to be purchased for a smooth sale transaction. A title deed is a formal document defining how the property is inherited, owned, transferred or allotted by an authority. It includes information about how much land a person owns or the rights of a person over land.

You must upload certain mandatory documents to file your ITR LIVE with an expert on the ClearTax platform. Here is a step-by-step guide to uploading your documents. It is simple, easy and quick. Steps to upload your documents:Step 1: View the list of mandatory documents that you need to upload and keep them ready.Step 2: Click on the “Drop any documents here, or Browse” option to upload the documents. The file explorer from your operating system will open.