GST on Gangajal : Latest Clarification
The world of indirect taxes has always been complex, but the advent of the Goods and Services Tax (GST) in India streamlined multiple indirect taxes into a unified system. However,…
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Revised Procedure for Application and Process of Lower Deduction of TDS Certificate u/s 197 of Income Tax Act
Tax Deducted at Source (TDS), a requirement under the Income-tax Act, 1961, is an integral part of India’s taxation framework. TDS is a method wherein the government can make tax…
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All About Director Identification Number (DIN)
In a constantly evolving corporate landscape, having a unique identification is paramount in ensuring clear accountability and credibility of key figures heading the corporate entities. This identification is essential as…
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All About FC-TRS form of RBI for Transfer of Shares between Resident & Non Resident
In today’s globalised world, many businesses operate beyond the borders of their home country. When companies venture abroad, they need to adhere to the financial regulations of the host country…
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Tax Collected at Source (TCS) for Education Expenses Abroad under Liberalised Remittance Scheme from October, 2023
In today’s world where globalization has extended its reach into nearly every sector, acquiring education abroad is a growing trend. Many passionate Indian students aspire to advance their learning in…
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Demystifying Taxability of ESOP in India
In today’s competitive business landscape, startups are continually striving to establish unique incentives to attract top talent. A highly popular offering that has garnered significant attention recently is the Employee…
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Right to Personal Hearing In Case of Adverse Order under GST: Pathbreaking Judgement of Allahabad High Court
Demystifying the B.L. Pahariya Medical Store v. State of U.P. Judgement – Affirming the Principle of Natural Justice The realm of taxation often finds itself tangled in the intricacies of…
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Clarity in GST Pre-Deposit from Electronic Credit Ledger (ECL): A Landmark Ruling from Orissa High Court
In the ever-evolving landscape of Goods and Service Tax (GST), numerous complexities often arise. GST, a comprehensive indirect tax levied on the supply of goods and services, has been a…
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Tax Collection at Source (TCS) under GST A Comprehensive Guide
Making head or tail of the myriad tax laws in India can sometimes feel like deciphering an intricate puzzle. It’s essential, especially for e-commerce operators, to demystify these rules to…
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Buy Back of Shares by Company: All You Need to Know
In the dynamic world of finance and corporate structures, learning about company shares’ buy-back is a significant aspect. The corporate taxation landscape often evolves in response to companies’ strategies to…
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Consequences of Cash Transaction : Know This Before Using Cash
The Alchemy of Cash Transactions: An Insight for A Common Man In today’s fast-paced digital age, cash transactions, though losing prevalence, still maintain a significant role in our day-to-day financial…
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A Complete Guide to Foreign Inward Remittance Certificate (FIRC). What is it, How to Get it, What are its Uses etc.
Understanding the Foreign Inward Remittance Certificate (FIRC) Navigating the complex world of international finance can often be daunting, especially when it comes to meticulous documentation and legalities. For businesses exporting…
