Learning

The Government has removed the Debenture Redemption Reserve, which was required before for Non-Banking Financial Companies {NBFCs}, Housing Finance Compani...

The 37th GST council meet was recently concluded in Goa under the chairmanship of Union Finance & Corporate affairs Smt Nirmala Sitharaman. The union m...

The Geographical Indications of Goods (Registration and Protection) Act, 1999 often called as GI Act, enacted by the Government of India for the protection...

In a recent announcement, the Finance Minister of India, Nirmala Sitharaman[1] slashed corporate tax rates. The government reduced the corporate tax rate t...

RBI is looking at “how Non-Banking Financial companies and Housing Finance Companies set their lending price for their loans, as the Central Bank is not...

Income Tax Act, 1961 contains various provisions relating to penalties, fines & interest besides taxation of a taxpayer. Thus, for penalizing the defau...

Introduction In the present era of globalization, there are minimal restrictions on the boundaries for business and their transactions.  Businesses ar...

Section 194-I of the Income Tax Act, 1961 was inserted vide Finance Act, 1994 for the imposition of tax on rent paid or payable by an assessee. This sectio...

An Independent director is a part of the board of directors of a company that does not have any relation to the company related to material, or pecuniary m...

If you are on the verge of starting a business, then you must read this blog about business commencement procedure. This blog can provide you with all the...

Introduction The tax regime of every country is an integral component of its economy since it is one of the primary sources of government funding. In India...

Director is considered as the face of the Company and they are the ones who make the decision on a day to day basis. As per section 149(1) of the...