The scheme for applicability of Accounting Standards issued by the Institute of Chartered Accountants of India (ICAI) to non-company entities shall come into effect for…
Amendment to Schedule III to the Companies Act, 2013
The Ministry of Corporate Affairs notified amendments to Schedule III of the Companies Act, 2013.
Budget 2020 abolished Dividend Distribution Tax (DDT) and dividend taxation was shifted on shareholders. Resident Shareholders were liable to pay tax on dividend as per…
New Delhi unveiled India's much-anticipated annual budget this month, with a heavy focus on repairing a pandemic-battered economy and made a surprise move: it made…
Keeping with Digital India drive, revenue authorities have been on the forefront to enable digital interface between the taxpayers and the officials.
MSMEs and Start-ups – Benefits, Relaxations and Relief measures
A detailed overview of MSMEs and Start-ups, including registrations, benefits, relevant government initiatives and relaxations.
A foreign company can do business in India either through opening a liaison office (“LO") or a branch office or a limited liability partnership firm.
The clutches of withholding tax provisions have not pardoned anyone when it comes to discharging obligation under the Income-tax Act and the game of cricket…
The Hindu Undivided Family (‘HUF’) structure, which is based on collective ownership and protection of the family members, has traditionally been adopted by Indian families…