Section 10AA of the Income Tax Act, of 1961, provides big tax blessings for corporations running inside Special Economic Zones (SEZs). The provision ambitions to reinforce export-orientated companies with the aid of providing giant tax exemptions on income derived from export sports.
This Article is brief about a set of appeals consolidated for consideration by the Supreme Court concerning the obligations of banks and Non-Banking Financial Companies (NBFCs) under the Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act) to follow procedure laid down in the Instructions for Framework for Revival and Rehabilitation of MSMEs
The GST Council, in its recent meeting, introduced several changes and clarifications to the Goods and Services Tax (GST) regime.
INTRODUCTION TO GENERAL INSURANCE SETTLEMENTInsurance companies providing general insurance for motor vehicles settle repair or damage claims through two modes:...
A few key highlights of GST council meeting held on 9 September 2024
The first week of September was anything but favorable for stock market enthusiasts. Far from setting any positive records, the market's performance left financiers and investors alike disheartened.
In this guide, we delve into the process of converting a partnership firm into a company.
The tax auditor must report specific details related to TDS compliance under four key sub-clauses. Check out what are those.
To address the inconsistency and potential manipulation in the valuation of investment portfolios of Alternative Investment Funds (AIFs), SEBI has implemented amendments to standardize valuation techniques.
Extended Producer Responsibility (EPR) is an environmental policy framework designed to ensure that producers are accountable for the entire lifecycle of their products, with a particular emphasis on waste management and recycling.
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