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MSME

Overview of Credit Guarantee Scheme for Start-Ups

Credit Guarantee Scheme

India ranks as the world's 3rd largest start-up ecosystem as well as a home to approximately 75,000 Startups. Currently, there are 105 unicorns, out of whi...

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RBI Notification

RBI’s Press Release: Operationalisation of CBDC Whole...

Operationalisation of CBDC

One of RBI's core central banking functions is the management of money. The statutory powers for the same are vested in Section 22 of the RBI Act, 1934. Al...

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Income Tax

Payment made to a Non-resident Supplier amount to Royal...

ITAT Case Law

The Income Tax Appellate Tribunal, Ahmedabad bench, has held that the payment by the assessee to a non-resident supplier shall amount to royalty. The bench...

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GST

Key Highlights of the Delhi Goods and Services Tax (Ame...

Delhi Goods and Services Tax

The Delhi Government has notified the Delhi Goods and Services Tax (Amendment) Rules 2022. It further amends the Delhi Goods and Services Tax Rules of 2017...

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GST

Orissa HC allows revival of cancelled GST Registration...

GST Registration Certificate

The High Court of Orissa has allowed the petitioner to apply for the revocation of the cancelled GST registration certificate on the condition of payment o...

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Taxation

ITAT Approach towards Section 68 of IT Act

Section 68 of IT Act

The Income Tax Appellate Tribunal, most commonly referred to as ITAT, is a quasi-judicial body with the specialization of dealing in matters related to dir...

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Legal Agreements

Demerger in India: Overview and Procedure

Demerger in India under Companies Act, 2013

The company, when desirous of splitting its business activities, goes into the process of the demerger. The zeal for earning profit and expanding business...

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Recovery of Shares

Process of Transmission of Shares without Succession Ce...

Process of Transmission of Shares without Succession Certificate

There are instances where the deceased individual forgets to mention the name of his successor in the will. This lead to complexities when the legal heir o...

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