Promoting non-profit goals including trade, business, the arts, charity, education, religion, environment protection, social welfare, sports research, etc. is the main goal of incorporating…
TDS was designed to collect tax directly from the source of revenue. According to this theory, a person (deductor) who is compelled to make…
Warehousing and storage of agricultural produce come under Service Account Code 9986 and are exempted under Insert No. 54(e) of Notification No. 12/2017-Central Tax…
Do you know what “leave encashment” means? The salaried class frequently uses the idea of leave encashment. It seems like you may make money…
The minute of the general meeting is an integral document of the Company, which must be drawn up and kept in the same way…
If you have been allotted a Director Identification Number i.e. DIN, the DIN holder must submit a DIR-3 KYC every year. KYC of directors…
If you are planning to set up a limited company in Dehradun, Uttarakhand, here we have provided all the requirements set by the Registrar…
Tax Planning is the process of evaluating a financial plan or conditions in relation to taxes in order to achieve the greatest possible tax…
The GST Council was formed to oversee the Goods and Services Tax (GST) legislation. The GST Council is a combined forum of the Centre,…
About 378 SEZs were announced after India approved the Special Economic Zones (SEZ) Act, of 2005 and the rules regulating SEZs went into force…
Women make up half of the population, making up a significant portion of the labor force. The obligations of employment necessitate balancing job, childbearing,…
The concurrent list in the Indian Constitution includes labour-related legislation, which indicates that both the Central Government and the State Government are equally competent…
Any individual who feels that he has been wronged may file the petition to the Trademark Registry Office or Intellectual Property Appellate Board (IPAB)…
A patent is a privilege granted to an individual, whether natural or artificial, by the government through the Patent Act, of 1970 that prohibits…
ESG (Environmental Social Governance) and sustainability are sometimes used interchangeably in conversations. It’s usual to believe that sustainability is only one pillar or sub-component…
The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 apply to all registered companies having recognized securities listed on…
The taxpayer has to keep in mind certain points for every month of the calendar so that he could not forget to fulfill his…
To comply with the Reserve Bank of India’s KYC regulations, banks must update customer identity papers in their records of account holders on a…
For any entrepreneur, getting a business off the ground is not an easy feat. Two of the main reasons why startups have found it…
When it comes to financial investing, Bitcoin is becoming increasingly popular. To ensure that transactions in the financial markets may be completed using crypto…
In India, transfers of property as gifts are governed by the Transfer of Property Act of 1882. Gifting real estate means transferring ownership of…
Section 13 of the Income Tax Act, 1961 (Income Tax Act) describes the situations in which the exemptions provided by Sections 11 and 12 would…
Unemployment is a significant issue in every country. Section 80JJAA was enacted to increase employment and encourage individuals. Section 80JJAA allows you to claim…
Insurance is the most effective risk management tool that can protect individuals and businesses from financial risks arising from various unforeseen events. Emotional and…
When comparing corporate and startup jobs, it is observed that both have their unique advantages and disadvantages. Startups are popular among freshers and even…
Health insurance is a contract between a policyholder and an insurance provider where the insured agrees to pay premiums on time and in return…
When a company receives FDI through equity investment, the company allots shares to the foreign investor and there is a basic reporting requirement with…
The Foreign Exchange Management (Overseas Investment) Regulations, 2022 were notified by The Reserve Bank of India on 2 August 2022. Under the new regulations,…
Since transactions are verified and added to the blockchain, a digital ledger, through the process of bitcoin mining, it is crucial to understand this…
Since Satoshi Nakamoto first unveiled Bitcoin, this digital money has had a significant impact on culture. Some people claim that Bitcoin is a substantial…
A Director Identification Number (DIN) is a unique identification number assigned to a person who wishes to become or is already a corporation director.…
In India, does crypto currency have to be taxed? Do you want to know how the Indian Income Tax Department (ITD) feels about Bitcoin…
Reserve Bank of India (RBI) has announced guidelines for digital loans. The central bank has given regulated entities (REs) until November 30 to put…
To allow a registered taxpayer to transfer any amount of tax, interest, penalties, etc. that is accessible in the electronic cash ledger to the…
Bitcoin mining is an important aspect of the cryptocurrency’s underlying technology since it is how transactions are confirmed and added to the blockchain, a…
The Securities Exchange Board of India recently issued the SEBI Settlement Scheme 2022 in a public notification dated August 19, 2022. SEBI’s Settlement Scheme…
Regulation 32 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (SEBI LODR, Regulations, 2015) requires every Listed Entity to submit a Statement…
In India, one must register with SEBI as a Registered Investment Adviser (RIA) to provide investment advice. Once registered, they must behave in a…
If the company needs additional capital and keeps the voting rights of existing shareholders proportionally balanced, the company will issue Rights shares. The issue…
The Ministry of Finance (MoF), the Government of India, and the Reserve Bank of India (RBI) have notified the Foreign Exchange Management Overseas Investment…
You must be conscious of a crucial update as you get ready to file GSTR-3B in August 2022. Table 4 of the form, as…
Section 23 of the Companies Act, 2013 (“CA, 2013”) sets out how a public company or a private company “may” issue securities. It should…
The ROC i.e. Registrar of Companies requires all companies registered in India to file certain forms every year. Regardless of their structure, businesses in…
The Ministry of Corporate Affairs (MCA) has introduced amendments in Schedule III to the Companies Act, 2013 vide its notification G.S.R. 207(E) dated 24…
The experts at Legal Window have replicated the part and a recent judicial decision in this article. The latest judicial pronouncements mostly addressed E-way…
Corporate governance is a set of rules or concepts used to run a business. It makes sure that the business operates as it should…
A fixed asset is an asset, often but not exclusively a physical asset, that is purchased for long-term use and is unlikely to be…
Do you know, that the Hon’ble High Court, Karnataka in the case of the M/s Rajiv Gandhi University of Health Science vs. Principal Additional…
On August 7, the RBI announced the creation of an expert committee with KV Kamath as its chairman, with the mission of recommending the…
The Tax Auditors and the assessee are both concerned about ‘Clause 44’ in the tax audit report in Form 3CD, which deals with reporting…
The Companies Act 2013 mandates that certain information be published on a company’s website. Information like company name, registered office address, company identification number,…
Share certificates issued by the Company are sometimes lost or misplaced by the shareholders due to unforeseen circumstances. The loss of share certificates can…
Entrepreneurs rejoice! Now save money by hiring! The Income Tax Act 1961 contains a provision under section 80JJAA to offer additional tax credits to…
In the Indian economy, cash transactions have always played a major role and serve as a consistent reason for the accumulation of black money.…
For effective financial management, it is essential to understand the functioning, powers, and limitations of the powers of the tax authorities. This turns out…
Taxpayers in India are required to adhere to the Indian government’s recommended tax compliance. Such compliance also entails following the GST Return filing due…
The history of Income Tax in India is later back to the 1800s, In 1860 the tax was first introduced in India by Sir…
Article 279A of the Constitution of India provides for the establishment of the Goods and Services Tax Board by the President of India under…
There are two sorts of Indian Taxes: Direct Taxes and Indirect Taxes. During a fiscal year, direct taxes are charged on the revenue received…
The COVID-19 epidemic has had a huge impact on the Indian economy, resulting in one of the world’s greatest lockdowns. The Indian internet economy,…
Banks and Banking Institutions are critical to a country’s development. Banks are economic actors, and they, like other sectors, are subject to hazardous operations.…
With the introduction of economic reforms since the balance of payment crisis, external assistance ceased to be an important element of capital inflows and…
While preparing GSTR-3B for August 2022, you must take note of a critical modification. From the GSTR-3B of August 2022 forward, the form’s recently…
It is often observed that the Indian management system adopts the method of defining responsibilities and punishments rather than analyzing and solving the problem.…
For any entrepreneur, managing the day-to-day operations of their company while also adhering to corporate regulations may be a bit difficult. Therefore, it is…
Corporate bonds market in India are investments with low risk if an individual is looking for a short-term investment system. Such bonds are considered to…
The concept of Tax Deducted at Source was introduced with the purpose of collecting tax from the source of income. According to this concept,…
Tax is a compulsory fee that is imposed on corporations or individuals by the State and the Central Government. This fee is imposed by…
The Union territory of Jammu and Kashmir (J&K) offers a large number of investment opportunities for entrepreneurs as the UT is rich in certain…
The Concept of Trademarking is not new to the society. A lot of us might have commonly heard the word Trademark. However, usually, when…
GST is a complex subject matter according to most people and over time these complexities only increased. With the rise in difficulty for taxpayers…
CA Exams are conducted by the ICAI (The Institute of Chartered Accountants of India). This exam is conducted for individuals who aspire to become…
Audit by departmental authorities is a familiar concept. It already existed within the laws that existed even before the GST tax regime was introduced.…
Finance Minister of India, Smt. Nirmala Seetharaman on 1st February 2022 presented the 2nd digital union budget for the FY 2022-2023. Accordingly, the proposed…
Indian Competition Law is widely based on UK legislation and the European Union law seeks the solution for similar nature of issues such as…
The Healthcare sector of India reached a market value of about USD 372 billion in the year 2022. The factors that were included in…
The structure of GST (Goods and Service Tax) is created to make the process of tax collection efficient, reduce corruption, and make the movement…
Foreign Direct Investment is the main engine of economic growth and a source of non-debt financing for the country’s economic development. The FDI policy…
Currently, there is a surge in equity transactions, investments, and so on. Indian investors have moved beyond conventional gold, silver, and real estate investments…
An auditor should utilize Form 3CD when examining the financial records of taxpayers who are the subject of tax audits. According to the Income…
The Companies Act, 2013 was enacted to encourage businesses to adopt the “Jet Set Go” philosophy, with compliance and openness being crucial. Among the various…
The Ministry of Corporate Affairs (MCA) has notified an amendment for a situation when a person who belongs to a neighboring land border sharing…
The Indian rupee has come under intense selling pressure in recent weeks amid a perfect storm of global headwinds that analysts say will continue…
Even after four years of GST implementation and over a thousand notifications and circulars, we continue to encounter several issues with GST on-site maintenance…
It is crucial to adhere to secretarial standards in the meeting’s processes and in topics related to them since company law provisions are growing…
The Companies Act, 2013 (the Act) emphasizes flexibility and rigidity in the composition of the board of directors (boards). Flexibility hereby refers to the…
The Reserve Bank of India has directed regulated entities (REs) lending to the microfinance sector to ensure that loans are unsecured and not secured…
The Reserve Bank of India (RBI) regulates the purchase and acquisition of immovable property in India by non-residents under the Foreign Exchange Management Act…
Businesses must claim Input Tax Credit (ITC) that shows only in GSTR-2B from January 1, 2022. As a result, Rule 36(4) of the CGST…
The 47th GST Council meeting held on June 28th and 29th, 2022, produced a new proposal stating that GST will be levied at 5%…
In a circular dated August 3, 2022, the Central Board of Indirect Taxes and Customs (CBIC) clarified the application of the GST to various…
An Indian residing abroad is generally known as a Non-Resident Indian (NRI). NRI means a person residing outside India who is a person of…
Section 149 of the Companies Act of 2019 regulates the composition of the board of directors. In the case of a public company, there…
A key expectation of members of self-governing professions is that they accept legal and ethical responsibility for their work and put the interests of…
Going public is certainly a very important milestone in a company’s life. An initial public offering (IPO) happens only once in a lifetime during…
Every coin has two faces and so the same applies to the concept of GST implementation in India. Of course, this is the biggest…
India is among the fastest growing economies in the world with plenty of business opportunities making it a preferred investment destination for NRIs, foreigners,…
Every Section 8 company is required to carry out annual compliance tasks under the Companies Act, 2013 and the Income Tax Act, 1961. This…
If the company does not start operations within one year or the company does not carry out any business activity for 2 years, then…
Input Tax Credit (ITC) reversal calculations, input tax credit availability and non-availability calculations, and input tax credit calculations for capital under GST each have…
