Foreign grants and contributions play a pivotal role in supporting numerous Indian non-profit entities like Charitable Trusts, Societies, and Section 8 Companies, enabling them to carry forward their philanthropic operations….
In the world of startups and entrepreneurship, the business landscape is constantly evolving. The Companies Act, 2013 enabled the formation of a completely new genre of companies in India, known…
In the realm of business, a company is not always about making profits. Some companies are registered with the primary intent of promoting arts, commerce, education, sports, charity, and more….
Understanding HUF In the panorama of taxation, several provisions enable taxpayers to optimize their tax liability. An effective, albeit underutilized method among these, is leveraging the concept of a Hindu…
In the realm of business, the effective stewardship of a company hinges significantly on the directors at its helm. Directors function as the guiding force, making key decisions that shape…
In India’s intricate tax landscape, laying the groundwork for diligent compliance can be challenging, especially with specific requirements relating to Micro, Small, and Medium Enterprises (MSMEs). Section 43B of the…
The Foreign Contribution Regulation Act (FCRA) was enacted in 2010 as a stringent mechanism to regulate and monitor charitable organizations receiving foreign contributions. The core of this act revolves around…
The landscape of international transactions has recently witnessed an important reshaping through the Supreme Court of India’s ruling on offshore software purchasing. The ruling has brought clarity to the ambiguity…
Money, it is often said, makes the world go round. And in the intricate web of financial transactions, only one thing is as certain as death – taxes. Ensuring tax…
In an era where technological advancements are reinventing the traditional business models, we are seeing a substantial surge in the digitization of many critical processes, including the filing of business-related…
In the vast and vibrant entrepreneurial landscape of India, establishing a Private Limited Company is perceived as a key stride forward. This legal entity brings with it a sense of…
The world of Goods and Services Tax (GST) consistently evolves, with new advisories and regulations continually emerging. Such changes necessitate attentive understanding and prompt action from taxpayers, which is where…