As you are aware that "Governance" means system by which an entity is directed, controlled and it is prudent method of decision making, fixing accountability, responsibility and doing business for the benefit of public as well as owners of the entity. "Governance" is a process to run an entity according to laws of nation and in the public interest.
Whether you're buying from a resident Indian or a non-resident Indian (NRI) seller, different TDS rules apply, and navigating them can be tricky.
The agricultural land in India serves as a fundamental pillar of the economy, playing a crucial role in generating employment and ensuring food security for the nation.
The Big Question? Is GST discount a Supply of Services
The POSH Act defines sexual harassment to include unwelcome acts such as physical contact and sexual advances, a demand or request for sexual favors, making sexually colored remarks, showing pornography, and any other unwelcome physical, verbal, or non-verbal conduct of a sexual nature.
In order to obtain the relief from double taxation of income under DTAA, one must obtain a certificate of residence known as Tax Residency Certificate. Tax Residency Certificate once issued is valid for an entire financial year.
Capital gain is the profit made from the sale of a capital asset, such as real estate, stocks, or bonds. The capital gain is the difference between the purchase price of the asset and the selling price. If the selling price is lower than the purchase price, the result is a capital loss.
While selling a property, the buyer is required to deduct a certain percentage of the sale amount as TDS. TDS on property sale is a mechanism to ensure that taxes are deducted at the time of property transactions.
This article aims to provide a comprehensive overview of Form 15CA and 15CB, shedding light on their significance and usage in the remittance process for NRIs.
In the Interim Budget 2024-25, The finance minister proposed to withdraw direct tax demands up to INR 25000 pertaining to the period up to tax year 2009-10 and up to INR 10000 for tax years 2010-11 to 2014-15.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English