The Income Tax Act of 1961 governs the taxation system in India, outlining the rules for determining an individual’s ...

Shri Tuhin Kanta Pandey took charge as Chairman, Securities and Exchange Board of India in Mumbai, today.

Immediate action is required by all professionals and relevant personnel within the organization. The final month of fiscal ...

Kerala High Court has ruled in favor of petitioner Shabu George, directing the release of cash seized by tax authorities under the GST Act. The case originated from a search operation on June 9, 2022, ...

West Bengal Authority for Advance Ruling (AAR) recently addressed the issue of GST applicability on the sale of assets during the liquidation process of Maheshwary Ispat Limited. The company is ...

Authority for Advance Rulings (AAR), West Bengal, examined whether GST applies to the reimbursement of electricity charges colle ...

Authority for Advance Rulings (AAR), West Bengal, examined the applicability of GST on the reimbursement of municipal property tax ...

Corporate Taxes: Businesses that pay higher corporate taxes may see a rise in production costs. Inflation may result if companies pass these higher expenses on to customers. Nonetheless, the ...

Despite these mandates, compliance often remains superficial—companies appoint women directors just to meet statutory obligations, not to create a real impact. Gender biases, cultural barriers, and ...

Starting a business in India requires choosing the right business structure. One Person Company (OPC) registration is a popular option for entrepreneurs who ...

However, if the exclusion criteria were not met, a 5% GST rate would apply. The department confirmed that such exemption would depend on the nature of the supply and its compliance with Rule 3 (c) of ...

Investment in Mutual Funds is highly risky compared to FDR but less risky than investing in stock exchange directly. From the Mutual Fund your uncle can earn yearly income @12% to 13%.