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Income Tax

Educational Institution: Income Tax Perspective

Educational Institution

Income tax on educational institutions often remains the most controversial topic. The nature of the educational institutions such as high-end educational...

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Latest News

LTC Cash Voucher Scheme: Queries resolved by the govern...

LTC Cash Voucher

As part of an incentive package to boost up consumption in an economy that is struck hard by the coronavirus pandemic, the government proclaimed an LTC cas...

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Income Tax Taxation

Cash withdrawal of more than 1 Crore attracts TDS

Cash withdrawal

The Central government to reduce cash transactions and move one step forward towards the cash-less economy brought out a new amendment by introducing Secti...

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Latest News

Supreme Court Slams Government for Delay in Loan Relief...

Supreme-Court-Slams-Government-for-Delay-in-Loan-Reliefs

The Apex court of India on October 14th, 2020 rejected to permit the government one month to execute the waiver of interest on loans of up to Rs. 2 crores,...

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fintech startups NBFC

Fintech and NBFC: Key differences

Fintech and NBFC

If we reside in urban areas there a good chances that we come around various loan options such as banks, Non-Banking Financing companies (NBFC), or Fintech...

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Income Tax

Tax implication on the small business

Tax implication on the small business

Income tax laws are professed to have a complex structure in India as there are number of claims, deductions, disallowance and exemptions made under the la...

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AIF Registration

SEBI amends rules of Alternative Investment Fund

Alternative Investment Fund

The Securities and Exchange Board of India (SEBI) has amended standards pertaining to alternative investment funds (AIF), such as crucial relevant professi...

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Import Export Code

DGFT bans imports of the air conditioner with refrigera...

Imports of air conditioner

The Director General of the Foreign Trade via its official notification dated 15th October 2020 forbids the import of air conditioners with refrigerants wi...

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