In the era of digital transformations, the Goods and Services Tax (GST) Department has upped its game, extending the taxpayer experience beyond net-banking to newer, more expedient methods of e-payment….
In the Indian economic landscape, property rental holds significant weight, both as a vital income source for individuals and businesses, and as an unavoidable expense component for countless firms. The…
Understanding the principles of taxation law can often be convoluted and challenging. Especially in India, with its plethora of regulations and continuous amendments, navigating these complexities can be like traversing…
In today’s world, managing and systematizing financial transactions of individuals and corporate entities demands a streamlined process. One instrumental tool that aids in this context is the Permanent Account Number…
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…