India is at the forefront of a startup boom and this has picked up a relentless pace since mid- 2018. In the past few years, the government of India has initiated several schemes and programs, with an objective to help startups and give a gentle push to the ‘culture’ of entrepreneurship among Indians.
Income Tax and GST Compliance Calendar for the month of September 2022
Section 245 of the Income Tax Act empowers the Income tax department to adjust any amount of refund due to the assessee with any previous outstanding tax liability.
The definition of Person, Section 3(33) of IBC,2016 also provides that 3(33) (g) any other entity established under a statute, and includes a person resident outside India, a Trade Union is also established under provisions of Trade Unions Act, 1926 and hence will be considered as person able to file petition under provisions of Section 8 of the IBC,2016.
There are different types of provident funds from which a person can choose from for the purpose of investment or regular savings for retirement. They are discussed in detail in this article.
In this backdrop, we have tried to summarize the applicability of required declarations along with the exceptions under the LMA law, in both words as well as in a flow chart for a better understanding
After examining judgment of Hon'ble Supreme Court of India in Siddharth vs The State of U.P. Criminal Appeal No. 838 of 2021, arising out of SLP (Crl.) No. 544'2/2021, Board issued guidelines with respect to arrest under CGST Act, 2017. & Other legacy laws vide Instruction No. 02/2022-23.
Consistency means the quality of behaving or similarly performing things regardless of success or failure. Let us better understand with an example in simple words.
Insurance is a contract of indemnity in which an individual or entity receives to hedge against the risk of financial losses from an insurance company from damage to the insured property, or from liability for damage or injury caused to a third party.
The Competition Commission of India penalized Carlsberg India Private Limited (CIPL), All India Brewers' Association (AIBA), and other parties a total of about Rs 873 crore by the Competition Commission of India for engaging in cartel activity
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