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RBI Notification

RBI Notification on Escrow Account of Scheduled Commerc...

Scheduled Commercial Bank

The Reserve Bank of India (RBI) brought out a notification on maintenance of escrow account with a scheduled commercial bank in India. This notification wa...

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GST Returns

Consequences of non-filing of GST returns

GST returns

The effective implementation of the new indirect taxation law i.e. GST requires stringent action against the offenders of the tax. To promote compliance wi...

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Taxation

Lakshmi Vilas Bank Moratorium: Central Government Order...

Lakshmi Vilas Bank

With a view of reducing the amount of withdrawals in the private sector, the Central Government has placed the private sector lender Lakshmi Vilas Bank und...

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Income Tax Taxation

Tax saving Scheme under section 80C

Tax saving

Tax saving is an integral part of everyone’s life. The tax saving investment can be made to save tax, as there are many deductions are mentioned under se...

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GST Income Tax

GST and Input Tax Credit on Promotional Products

Input Tax Credit

Nowadays, businesses are aggressively involving in the promotional methodologies to further accelerate the sales of their product and it is also witnessed...

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Foreign Exchange Management

Discontinuation of Reports under Foreign Exchange Manag...

foreign Exchange Management act

The Reserve Bank of India (RBI) brought out a notification related to Discontinuation of Reports and Discontinuation of Returns under the Foreign Exchange...

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Micro Finance Company

IRDAI suggestions to encourage Micro insurance companie...

Micro insurance

As in this hard time when the low income families have been hit by the Covid-19 Pandemic the Insurance Regulatory and Development Authority of India (IRDAI...

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DTAA

DTAA – What is the Double Taxation Avoidance Agreemen...

DTAA

The Double Tax Avoidance Agreement (DTAA) is a tax treaty that is signed by two or more countries to facilitate the tax payers to evade paying double taxes...

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