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Finance & Accounting

The Introduction of Alternate Minimum Tax in India

Alternate Minimum Tax in India

Tax is the primary source of revenue for the Government of India. The Indian government has given its taxpayers the benefit of multiple deductions and ince...

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Finance

The Concept of Financial Forecasting

Financial Forecasting

The concept of forecasting makes utilization of past data to predict future outcomes. Forecasting is a vital mechanism widely used to make financial and ma...

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Income Tax Taxation

Corporate Tax Rate Cut to Increase the Manufacturing of...

Corporate-Tax-Rate-Cut-for-promoting-EV-part-manufacturing

India’s Electric Vehicles Industry is likely to receive a lot of support with the slashing of the Corporate Tax Rate on new manufacturing companies. ...

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Change in Business

Conversion of Dormant Company into Active Company

Conversion-of-Dormant-Company-into-Active-Company

Under Companies Act 2013, a new set of companies called as dormant companies has been recognized. For obtaining the status of the dormant company, a compan...

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NBFC

Government Removed the Debenture Redemption Reserve Req...

debenture redemption reserve

The Government has removed the Debenture Redemption Reserve, which was required before for Non-Banking Financial Companies {NBFCs}, Housing Finance Compani...

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GST

Highlights from the 37th GST Council Meet

37th gst council meet

The 37th GST council meet was recently concluded in Goa under the chairmanship of Union Finance & Corporate affairs Smt Nirmala Sitharaman. The union m...

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General

What are the Geographical Indications of Goods (Registr...

Geographical-Indications

The Geographical Indications of Goods (Registration and Protection) Act, 1999 often called as GI Act, enacted by the Government of India for the protection...

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Income Tax Taxation

Historic Tax Reform: Reduction in Corporate Taxes

Reduction in Corporate Taxes

In a recent announcement, the Finance Minister of India, Nirmala Sitharaman[1] slashed corporate tax rates. The government did reduction in corporate taxes...

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