LearningCat: Introduction to Tax Accounting

Types of Taxes in India
Taxes. They’re everywhere. From the smallest purchases to the highest incomes, taxes are part of the deal. In India, the tax system is huge, complicated, and covers everything from your daily cup of chai to the profits of the biggest companies. If you’re studying commerce or aiming to become a Chartered Accountant, understanding taxes isn’t […]
Tax Accounting
Tax accounting plays a crucial role in managing financial compliance and reporting, ensuring businesses and individuals adhere to national tax regulations. In India, the Income Computation & Disclosure Standards (ICDS) are outlined under the Income Tax Law to streamline income reporting and taxation. For the fiscal year 2024-25, India’s total income tax collection is as […]