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Section 156 of the IT Act provides that in cases wherein any penalty, fine or any other sum is required to be paid as per this Act, the AO must...
The International Financial Services Centres Authority (IFSCA) Regulations 2021, with the aim to develop and regulate financial products, services and inst...
The Income Tax Department is vested with the power to examine the authenticity of the income tax return filed by the assessee, which the department does th...
There are instances during the ordinary course of business where the amount of payable tax is a decimal value which confuses the assessee regarding the act...
The Indian Textile industry is the oldest industry in the Indian economy, dating back several centuries. The nation is the 2nd largest producer of garments...
Compliance with income tax laws is an obligation for every assessee. Any leniency or ignorance in respect of the same can lead to the initiation of the req...
The Indian tourism Industry is seeing a significant rise in the inflow of tourists from all around the world due to its rich cultural and heritage value, v...
The CBIC, vide its Circular No. 189/01/2023-GST dated 13th January 2023, issued Clarification regarding GST rates & classification of certain goods on...
The Reserve Bank of India plays a vital role in maintaining the stability of the Indi...
Starting a business in the Middle East or GCC market is a great opportunity. However,...
The current financial ecosystem on a global scale is characterised by strict AML regulations, a...
The rapid growth of digital payment systems in India has transformed the financial sector in th...
From a small-scale apparel seller to a mid-level online saree distributor, online global opport...
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