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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...
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...
Income Tax Act, 1961 includes the provisions for taxation of any kind of income earned by an individual. Major heads for the categories of income for tax a...
Salaried employees are inquired for their investment details of any kind at the start of every financial year by their employer. TDS on Salary is deducted...
In case of “Atin Krishna V. Union of India”,at the arrival and departure terminals of international airports the sale or supply of goods at the Duty-Fr...
The Finance Minister notified critical policy updates of India in a recently held press conference. The press conference held as on Friday, August 23, 2019...
India’s non-banking financial company (NBFC) sector will enter a new digital era in 2026. Dig...
Non-banking financial companies (NBFCs) are playing an important role in India's financial sect...
NBFCs or Non-Banking Financial Companies, are an essential part of India's financial sector tod...
India is a unique example of digital transformation today. Bima Sugam is bringing a revolutiona...
Payment aggregators are playing a crucial role in India’s rapidly growing digital economy. Th...
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