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RBI Notification

RBI Relieves InvITs : Allows Banks to Lend to InvITs...

Banks to Lend to InvITs

RBI has permitted Banks to lend to InvITs , while keeping certain conditions in mind As per RBI’s notification, banks now will be allowed to lend to InvI...

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Latest News

SEBI to Take Firm Steps Against Abrupt Resignation of A...

SEBI to take steps against abrupt resignation of auditors

To curb abrupt resignation of auditors, new SEBI norms made it mandatory for auditors of listed companies to issue an audit report even if they resign SEBI...

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GST Returns

Drop in GST Collection: Government to Track Down Defaul...

GST collection drops

A Committee has been set-up to discuss different ways of tracking down GST defaulters to boost GST collection. In September there has been a decline of 2.6...

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Income Tax Taxation

The Implications and Restriction Prescribed Under Secti...

Section-119

The Income Tax Act, 1961, prescribes the time limit in the form of due dates for filing of the return, payment of advance tax, a deposit of TDS, etc. If......

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Income Tax Taxation

The Impact of Sections 44AA and 44AB of the Income Tax...

Section-44A,-44AD-and-44AB

Introduction Income Tax Act is a crucial legislation in India's taxation system. The main role of this act is the assessment and collection of income tax;...

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Latest News

Will India Celebrate an Eco-Friendly Diwali?

Eco friendly Diwali

India’s Health Minister Mr. Harsh Vardhan unveiled a line of “green” firecrackers with some of the country’s top scientists. This move focuses on r...

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Income Tax Taxation

Read About the Provisions and Exemptions Under Section...

Section-14A

Tax is the primary source of revenue for Government in India, and thus, various forms of income are taxable under the purview of the Income Tax Act[1]. How...

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GST GST Advisory

Government Expected to Impose GST on Brand Names and Lo...

government-expected-to-impose-GST-on-Brand-Names-and-Logos

The indirect tax department wants Indian conglomerates and foreign banks to put a valuation on their brand names and logos and charge fees from the subsidi...

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