Tds on Partners Salary, Interest & Profit Share for FY 2025–26 – New Rule Explained (Section 194T)
Introduction: – Starting 1st April 2025, the Income Tax Department has introduced a new rule – Section 194T.This rule is about TDS on payments made by a firm or LLP to its partners. Earlier, firms didn’t have to deduct any TDS on a partner’s salary or interest, but now things have changed.Let’s understand this new […]
ROIC vs ROIIC: How to Tell If a Business Is Really Using Capital Well
ROIC vs ROIIC — These two financial terms often come up when evaluating how efficiently a business uses its capital. While they sound similar, they serve different purposes. ROIC measures how well a company uses all of its capital, while ROIIC looks specifically at the returns from new investments. Understanding both is key to knowing […]
TDS & TCS Rates for FY 2025-26 Key Budget Updates You Need to Know
1. Rationalization of TDS Rates and Thresholds (A) Reduction in TDS Rates for Section 194LBC (B) Increase in TDS Thresholds for Various Payments In addition to the changes to TDS/TCS rates, the budget proposals also aim to rationalize various TDS provisions by adjusting the thresholds beyond which tax must be deducted. Below is the detailed […]
AI and the Future of Work: Crisis or Catalyst?
Introduction The rapid advancement of Artificial Intelligence (AI) is reshaping the global labor market, presenting both opportunities and challenges. While AI-driven automation enhances productivity and efficiency, it also raises concerns over job displacement and inequality. The Economic Survey 2024-25 explores the potential impact of AI on India’s workforce and how policymakers, businesses, and institutions can […]
India’s Employment and Skill Development: A Roadmap for Future Growth
Introduction India stands at a critical juncture where employment generation and skill development are key to harnessing its demographic dividend. With over 26% of the population in the 10-24 age group, creating quality jobs and ensuring workforce readiness are essential for sustained economic growth. The Economic Survey 2024-25 highlights declining unemployment rates, rising self-employment, and […]
India’s Social Sector: Expanding Welfare and Driving Empowerment
India’s economic growth is increasingly centered on inclusive development, with a strong focus on education, healthcare, skill development, and social welfare. The Economic Survey 2024-25 highlights the government’s commitment to ensuring equitable access to social services while leveraging technology and innovation to improve welfare delivery. This blog provides insights into trends in social sector expenditure, […]
India’s Climate and Environmental Strategy: Adaptation, Energy Transition, and Sustainability Initiatives
India is steadily advancing toward a low-carbon future while balancing economic growth and sustainability. Despite low per capita carbon emissions compared to global averages, the country faces significant challenges in renewable energy adoption, climate adaptation, and international climate finance gaps. The Economic Survey 2024-25 underscores India’s commitment to climate resilience, energy security, and environmental sustainability. […]
India’s Agriculture and Food Management: Growth, Challenges, and Future Prospects
India’s agriculture and allied sectors remain the foundation of the country’s economy, employing nearly 46% of the population and contributing 16% to GDP. Despite facing climate uncertainties, supply chain disruptions, and productivity challenges, the sector has demonstrated resilience with steady growth rates. The Economic Survey 2024-25 highlights government initiatives, technological advancements, and policy reforms that […]
India’s Services Sector: Growth Trends, Challenges, and Future Strategies
The services sector continues to be the driving force behind India’s economic growth, contributing significantly to GDP, employment, and exports. Despite global economic uncertainties, India’s services exports have expanded, and digital transformation is reshaping multiple industries. However, challenges such as supply chain disruptions, global trade protectionism, and regulatory bottlenecks remain key concerns. This blog highlights […]
2025 Customs Duty Update: Key Increases, Decreases, and Their Impact on Various Sectors
The Customs Tariff Act, 1975 is undergoing significant changes in its duty rate schedule. With the Finance Bill, 2025 introducing amendments that will come into effect from February and May 2025, businesses across various sectors must understand how these changes affect import and export duties. In this post, we break down the amendments sector‑wise, covering […]
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