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MANDATORY DEMAT REQUIREMENT FOR PRIVATE COMPANIES HAS NOW BEEN EXTENDED

MANDATORY DEMAT REQUIREMENT FOR PRIVATE COMPANIES HAS NOW BEEN EXTENDED

TAXHUSTLERFeb 12, 20251 min read

Ministry Of Corporate Affairs vide notification dated 12th Feb 2025 extended the due date of dematerialisation of shares of private companies till 30th June 2025.

TDS Rates For Income Tax with Recent Changes

TDS Rates For Income Tax with Recent Changes

TAXHUSTLERFeb 11, 20254 min read

Here is the TDS (Tax Deducted at Source) Rate Chart for the Financial Year 2024-25 (Assessment Year 2025-26): SectionNature of PaymentThreshold LimitTDS RateEffective Date192Salary IncomeBasic exemption limit of employeeAs per applicable income tax slab rates-192APremature withdrawal from EPF₹50,00010%-193Interest on securities₹5,000…

GST-Advisory for Waiver Scheme under Section 128A

GST-Advisory for Waiver Scheme under Section 128A

TAXHUSTLERFeb 11, 20252 min read

1.    Taxpayer’s attention is invited to the advisory on the above subject issued by GSTN on 29.12.2024. The link for the said advisory is given here: https://services.gst.gov.in/services/advisoryandreleases/read/564 2.    It is to inform that both Forms GST SPL 01 and…

Classification criteria for Micro, Small, and Medium Enterprises (MSMEs)

Classification criteria for Micro, Small, and Medium Enterprises (MSMEs)

TAXHUSTLERFeb 11, 20252 min read

The classification criteria for Micro, Small, and Medium Enterprises (MSMEs) in India have evolved over time to better reflect the changing economic landscape. Below is a comparative table outlining the key changes up to February 11, 2025: ClassificationInvestment Limit (up…

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MANDATORY DEMAT REQUIREMENT FOR PRIVATE COMPANIES HAS NOW BEEN EXTENDED

MANDATORY DEMAT REQUIREMENT FOR PRIVATE COMPANIES HAS NOW BEEN EXTENDED

ByTAXHUSTLERFeb 12, 2025

Ministry Of Corporate Affairs vide notification dated 12th Feb 2025 extended the due date of dematerialisation of shares of private companies till 30th June 2025.

TDS Rates For Income Tax with Recent Changes

TDS Rates For Income Tax with Recent Changes

ByTAXHUSTLERFeb 11, 2025

Here is the TDS (Tax Deducted at Source) Rate Chart for the Financial Year 2024-25 (Assessment Year 2025-26): SectionNature of PaymentThreshold LimitTDS RateEffective Date192Salary IncomeBasic exemption limit of employeeAs per applicable income tax slab rates-192APremature…

GST-Advisory for Waiver Scheme under Section 128A

GST-Advisory for Waiver Scheme under Section 128A

ByTAXHUSTLERFeb 11, 2025

1.    Taxpayer’s attention is invited to the advisory on the above subject issued by GSTN on 29.12.2024. The link for the said advisory is given here: https://services.gst.gov.in/services/advisoryandreleases/read/564 2.    It is to inform that…

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