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Recently the income tax department expanded the scope of information which needs to be reported in the new form 26AS. The CBDT issued an order on 26th Octo...
The NBFC sector has witnessed massive growth in the last few years. The size of the balance sheets of NBFCs is now greater than a quarter of that of banks....
The online gaming industry, casinos, and racecourses in India have long been in a state of debate for the levy of GST. GST Council will issue a Clarificati...
The Central Board of Indirect Taxes and Customs (CBIC) released Circular No. 159/15/2021-GST on September 20, 2021, to clarify scope of intermediary servic...
Once an individual has verified their tax return, the income tax department starts processing ITR. Once the ITR is processed, the income tax department sen...
The Supreme Court of India in the case of Jalkal Vibhag Nagar Nigam and ors vs. Pradeshiya Industrial and Investment Corporation and Anr. observed that the...
Earlier majority of the people used to invest in FDs, bonds etc., to make some additional income however, with time, this trend has seen a definite shift w...
Input Tax Credit refers to obtaining credit for the GST paid on purchases of goods and services utilized in the course of business. The Mechanism of Input...
In the financial sector, “Ease of Doing Business” is a regulatory framework ...
The Securities and Exchange Board of India (SEBI) has issued the SEBI (Issue of Capital and Dis...
Custodians play a crucial role in the Indian securities market. They essentially safeguard...
IRDAI has recently made an important proposal to ensure transparency in financial rep...
India's capital market regulator SEBI has recently brought significant changes in the reporting...
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