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GST

Impact of GST on Tour and Travel Industry

Impact of GST

The Indian tour and travel industry which is valued at around 22 billion dollars in the year 2019; the tour and travel industry is one of those sectors whi...

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Company Conversion

Conversion of a company into LLP – Tax implicatio...

Company into LLP

In India, LLP is the most emerging way of doing business. In this mode of business, the liability of the partners is limited. Every partner in the LLP is a...

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GST MSME

The Implication of GST under MSMEs

GST under MSME

According to the Micro, Small and Medium Enterprise Development (MSMED) Act, 2006, the micro, small and medium enterprise is defined in accordance with ann...

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Income Tax

Liable for Prosecution- Income Tax offences

Income tax offence

The penalties are incurred due to the default of the taxpayer. There are many activities that can further attract the prosecution under the Income Tax act....

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FEMA

Key Differences between Inbound and Outbound Investment...

Inbound and Outbound Investment

Any investment which comes into India is known as Inbound Investment, and Outbound Investment is an investment which goes outside India.  Compliance h...

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Digital Banking

Implications of Non-Performing Assets (NPAs) – A Deta...

Non-Performing Assets

Non-performing assets (NPAs) are the bad loans of the financial institutions such as a bank, whose installment of principal amount and/or interest has rema...

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RBI Notification

Relation between Monetary Policy transmission in India...

Monetary Policy

The predicament of the Non-Performing Assets (NPAs) has now become a great stumbling block in the Monetary Policy transmission in the Indian banking system...

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GST

GST Implication on food and beverages service

food and beverages

The new indirect taxation law, Good and Service Tax (GST) benefitted the food and beverage industry. Prior to this GST law, a consumer has to give a number...

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