Introduction:- A New Section 140B has been inserted in Direct Taxation by Finance Minister in the Budget 2022 for the tax to be paid to file…
Introduction:- A New Section 140B has been inserted in Direct Taxation by Finance Minister in the Budget 2022 for the tax to be paid to file…
I. Introduction: With the intention of taxing the digital transactions arising from increasing globalization-digitalization and industrial revolution, Equalization Levy was introduced in India in 2016 by…
With the boom in Startups, we are witnessing many corporate events like fund-raise, secondary sale of securities, ESOPs, etc. With these transactions, the aspect of valuation…
Companies Auditor’s Report Order 2020 brings more enhanced reporting disclosures which will provide more accurate insights to the business with completeness and accuracy providing the stakeholders…
HERE ARE SOME THINGS YOU MUST KNOW…. E-commerce has transformed the way business is done in India. Much of the growth for the industry has been…
Introduction: Having effective internal controls is one of the most vital aspects of any organization’s operation. Among organizations that need effective operating internal controls, Charitable Institutions…
Source for Expenditure (Estimates): Sr. Sources Amount (in Lakh Crores) Percentage 1 Corporate-Tax 7.20 18% 2 Income-Tax 7.00 18% 3 Customs Duty 2.13 5% 4 Union…
Every taxpayer having an income above the exemption limit has to furnish the details of his income and the tax, to the Income Tax Department (‘the…
I. Introduction: The Government of India along with the Ministry of Finance has widened the tax base. Which has resulted in bringing more and more compliance…
I. Introduction: Imports and exports play a crucial role in not only determining but also ascertaining the economic health of the country. Though Imports are discouraged,…
What is Due Diligence & Need for Due Diligence Due diligence is the investigation or exercise of care that is normally expected to take before entering…
There is an earnest desire among many members of the public to do charity, welfare and social good. This leads to flow of money without consideration…