Income Tax
Explaining the No Income Tax Exemption to News Agencies u/s 10(22B)
As of April 1st, 2024 the significant changе took еffеct in thе Indian tax landscapе. Thе еxеmption grantеd to nеws agеnciеs undеr the Section…
FEMA
Can NRI Buy Agricultural Land In India
Can NRI Buy Agricultural Land in India, holds an immense potential in the real estate investments, generally for non-resident Indians (NRIs) looking to diversify…
Start and manage a business
E-commerce Business in India
E-commerce business in India is a vibrant activity, where digital marketplaces are transforming the way businesses manage and consumers shop. In this comprehensive article,…
Company Law
Section 188 of Companies Act, 2013 & AS-18
The companies act, 2013 and Accounting Standard-18 (AS-18) are the regulatory structure in the corporate governance and financial reporting. Each one of them is…
Miscellaneous
Company Secretary as a Forensic Auditor
The Company Secretary plays a crucial role in the corporate governance as the guardian of compliance and transparency. However, in present times, the obligations…
GST
Export of Services and Consideration Receipt under GST
In the world of business trade, the export of services plays a crucial role in the economic country. The Goods and services regime have…
Startup/ Registration
Start-ups Funding- A Quick Checklist
Starting the process of raising money for a startup? Check out our Fundraising for Startups Checklist guide – it’s your roadmap to getting the…
FSSAI License/Registration
Food franchise business in India
In recent years, the food franchise business in India has witnessed remarkable growth, driven by changing consumer preferences, urbanization, and increasing disposable incomes. Entrepreneurs…
Miscellaneous
Real Estate Investment in India
The India’s real estate field has emerged as a magnet for multinational investors, providing promising opportunities to landscape of evolving economic dynamics. With its…
Income Tax
First-Time Cost Audit? Here’s Your Comprehensive Guide
Performing a first-time cost audit is a crucial step for any organization seeking to enhance financial efficiency, identify areas of overspending and optimize resource…
Startup/ Registration
Due Diligence for Startups in India
Due diligence is an examination or audit conducted prior to a transaction, such as a purchase, investment, business partnership, or bank loan, to ensure…
Annual Compliance
COMPLIANCE CALENDAR FOR CALENDAR YEAR 2024
Setting out on a profitable business journey in 2024 requires careful attention to regulatory requirements in addition to strategic preparation. The annual Compliance Calendar…
Foreign Taxation
Tax Liability on International Relocation
Exit taxes are imposed by governments on individuals, businesses, and property upon departure to confiscate any capital gains accrued or unrealized before the taxpayer’s…
Miscellaneous
Legal Framework for Conflict of Interest (COI) at Workplace
In the ever-changing modern workplace, ensuring ethical conduct is essential for maintaining integrity and trust. The organizations encounter many problems but one of the…
Company Law
Charges under Companies Act 2013
The Companies Act 2013 has brought consequential impact in the corporate structure. Various rules and regulations have been numbered which determine the impact it…
Miscellaneous
CPGRAMS Portal of Government of India
The Centralized Public Grievance Redress and Monitoring System (CPGRAMS Portal of Government of India) is an online platform that can be used by citizens…
Change in Business
Dematerialisation of Securities in Private Companies
Dematerialisation of Securities in Private Companies refer to the process of converting physical securities such as share certificates, bonds into digital form. What are…
Miscellaneous
SMFG Grihashakti Home Loan
SMFG India House Finance Company, now known as SMFG Grihashakti Home Loan, formerly recognized as Fullerton India Home Finance Company Limited, has risen as…
Start and manage a business
MSME Schemes, CGTMSE and NIF Funds
Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in driving economic growth, fostering entrepreneurship, and generating employment opportunities in India. Recognizing the…
Miscellaneous
Social Stock Exchange in India
In an era where global challenges like climate change, inequality, and poverty demand innovative solutions, traditional financial markets too need to accommodate a new…
Company Law
Arbitrability of Flat-Buyer Disputes under RERA Act 2016
The Indian government enacted, the Real Estate (Regulation and Development) Act, 2016 (RERA) which serves as a legislative framework, designed to protect the interests…
Company Law
Type of Directors in a Company in India
The directors through the board of directors manage a company by making decisions, devising strategies, and ensuring the organization meets its objectives. Every type…
Miscellaneous
FAQs on PAS-6
FAQs on PAS-6 FAQs on PAS-6, it refers to the submission of approval of the audit report on the share capital (half-yearly) of unlisted…
Miscellaneous
Transition to XBRL filings for listed entities
A global language used for company reporting, XBRL is used to transmit financial and business data electronically. The analysis, preparation, and sharing of company…
Company Law
BENEFICIAL INTEREST IN LLP CONTRIBUTION
The Ministry of Corporate Affairs, New Delhi recently issued a significant notification dated 27 October 2023, amending Limited Liability Partnership Rules (LLP), 2009. The…
Miscellaneous
GruhLaxmi to Mahalaxmi: 33.33% Women’s Reservation in Parliament
Women Reservation Bill brings a change from GruhLaxmi to Mahalaxmi which represents an evolution toward greater empowerment and representation for women in the political…
NBFC Registration
Scale Based Regulations (SBR): A Revised Regulatory Framework for NBFCs
The Reserve Bank of India (RBI) issued the (SBR) Scale Based Regulation Guidelines on October 19, 2023, ending the primary division of Non-Banking Financial…
Company Law
PAYMENT OF STAMP DUTY ON SHARES
Stamp duty on shares is a tax imposed by government on the transfer of ownership of shares and securities as outlined under Companies Act…
Miscellaneous
3 Most Convenient Payment Platforms for Bettors
In recent times, the Indian market has witnessed a surge in popularity among the masses in online betting and gambling. The convenience of making…
Miscellaneous
Have You Heard About This New Foreign Trade Policy in 2023?
India’s Foreign Trade Policy 2023 aims to boost exports and facilitate business conduct, focusing on the “Export Control” regime. It includes incentives for remission,…
Company Law
What is AoA for Nidhi Company Formation?
AoA for Nidhi Company is a document that contains the purpose of the Nidhi Company and its operational guidelines. AoA is an important document…
Miscellaneous
From CSR to BSR: Beneficiaries – The Driving Force Behind Success of CSR
Businesses have a strong desire to have a positive social impact and to give back to the communities that help them. Similarly, the government…
Miscellaneous
How to Terminate a Contract
How to Terminate a Contract? Ending or Terminate a contract means stopping an agreement between people or companies. Figuring out when to do this…
GST
Effective GST Changes With Effect From 1 Oct 2023
The Government of India on 1 July 2017 introduced the Goods and Services Tax Act 2017 to replace the prevailing complex and fragmented tax…
Income Tax
Challenges in Paying Duties, Taxes and More: Importer/Exporter Woes
A Custom duty could be understood as a tax imposed on the import and export of goods. The Indian government uses this duty to…