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Taxation

An overview of TDS on Professional Fees/Fees for Techni...

TDS on professional fees

Section 194J of the Income Tax Act, 1961 deals with TDS rules concerning the payments made towards fees for various professional or technical services. The...

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MCA Notification NBFC

MCA extends the last date for filing of AOC-4 NBFC

filing of AoC-4 NBFC

The last date for filing of AOC-4 NBFC (Ind AS) and AOC-4 CFS NBFC (Ind AS) has been extended to 31st March, 2020 The Ministry of Corporate Affairs (MCA) h...

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Latest News

Union Budget 2020-21: Live from Parliament

UNION-BUDJET-2020

Key Highlights of the Union Budget 2020-21 The FM proposed to remove The Dividend Distribution Tax.In order to make sure that India remains a favoured dest...

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NBFC

Insolvency and Bankruptcy Code now covers NBFCs and oth...

Insolvency and Bankruptcy Code

Before the Insolvency and Bankruptcy Code, 2016 (IBC)[1] came into effect; there was no special law to regulate Insolvency and Bankruptcy in India. There w...

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MCA Notification

MCA Simplifies Winding up Rules for Small Firms

Winding Up Rules for Small Firms

The Ministry of Corporate Affairs (MCA) on Tuesday notified rules for winding up of companies. What does the term winding up suggest? Winding up or liquida...

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Latest News

Why Businesses Need Climate Change and Sustainability S...

We are in the middle of extreme environmental crisis - climate change has emerged as one of the most serious threats to the human survival. The rapid incre...

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Taxation

Provisions applicable to TDS on interest on securities...

TDS on interest on securities

The Income Tax Act provides for a system of tax deduction at the time of generation of income by an assessee. Such tax is deducted by the payer at the......

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NBFC

Requisite for the Conversion of NBFC into Banks

Conversion of NBFC into Bank

Non-Banking Financial Companies (NBFCs) are the financial institutions regulated by the Reserve Bank of India to provide credit facilities. Usually, NBFCs...

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