In the ever-evolving landscape of taxation in India, Section 194R of the Income Tax Act stands out as a significant addition introduced in the Union Budget of 2022. This section…
Dividend income is a significant form of revenue for investors, stemming from investments in shares or mutual funds. These payments are essentially a portion of a company’s profits, distributed to…
The Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax system in India. It replaced several cascading taxes levied by the central and state governments. For businesses exceeding…
The Employees’ Provident Fund (EPF) stands as a pivotal component of retirement planning for salaried employees in India. Governed by the Employees’ Provident Fund Organisation (EPFO), this scheme not only…
Cryptocurrency, an innovation of digital technology, is swiftly ushering in a new era in the financial world. Defined as a decentralized digital asset and a medium of exchange, it operates…
The realm of Goods and Services Tax (GST) in India has been continually evolving to plug loopholes and enhance compliance, ensuring a robust taxation environment. One important component of GST…
The Goods and Services Tax (GST) has changed the landscape of taxation in India, integrating various indirect taxes into a single streamlined system. However, the transition hasn’t been entirely smooth…
In a landmark judgment that has drawn significant attention from the healthcare and pharmaceutical sectors, the Supreme Court of India has established a precedent with far-reaching consequences. The case in…
In the landscape of the Goods and Services Tax (GST), compliance plays an essential role in the seamless functioning of this tax regime. GST is designed to streamline the process…
The concept of Tax Deducted at Source (TDS) plays a pivotal role in the Indian tax system. It acts as a method to collect tax at the source of income…
The Companies Act, 2013, which replaced the Companies Act of 1956, introduced significant reforms to improve transparency, enhance the accountability of companies, and boost the business environment in India. This…
As globalization integrates world economies, individuals often find opportunities and responsibilities crossing the borders. For Indian residents who earn income outside India, understanding and managing double taxation gains paramount importance…