Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Clause (iva) of sub-section (1) of section 36 is amended to increase the deduction for employer contribution to a pension scheme u/s 80CCD from 10% to 14% of the employee's salary in the previous year. Sub-section (2) of section 80CCD is amended to allow deduction up to 14% of the employee's salary for contribution by non-government employers, where the employee's salary is chargeable u/s 115BAC(1A). The amendments are effective from April 1, 2025 and applicable from assessment year 2025-2026 onwards.
Clause (iva) of sub-section (1) of section 36 is amended to increase the deduction for employer contribution to a pension scheme u/s 80CCD from 10% to 14% of the employee's salary in the previous year. Sub-section (2) of section 80CCD is amended to allow deduction up to 14% of the employee's salary for contribution by non-government employers, where the employee's salary is chargeable u/s 115BAC(1A). The amendments are effective from April 1, 2025 and applicable from assessment year 2025-2026 onwards.
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