Selling a capital asset, such as a commercial property or land, often results in substantial capital gains. While exciting, these gains come with the burden of taxation. Fortunately, the Income Tax Act offers solace in the form of Section 54F, which provides an avenue for exemption on long-term capital gains arising from the sale of non-residential assets.
As March approaches, salaried person start worrying about saving taxes and confused about the tax saving options available with them. Salaried people are also confused as to which regime will save more tax. Answers to lot of questions have been given in this article.
With increased globalization, there has been an increase in the financial transactions between Indian companies and their foreign counterparts - the grant of "corporate guarantees" being an important one.
In DBFOM contracts, particularly in the GCC region, the Termination Payment clause is crucial. It outlines what happens and who gets compensated if the project ..
MFME Loan: Empowering Micro Food Processing in IndiaThe PM Formalization of Micro Food Processing Enterprises (PMFME) Scheme is a government initiative in India..
In a significant regulatory development, the Ministry of Corporate Affairs (MCA) introduced a transformative shift through a Notification dated October 27, 2023, impacting the issuance and management of securities by private companies in India.
21 February 2024 at 08:44
In this article, we will discuss the responsibilities and duties of an independent director but first, we will know who is a director as per the Companies Act, 2013.
20 February 2024 at 13:27
The Government of India launched an initiative named "Startup India" in January 2016 with the aim of encouraging and promoting entrepreneurship in India as a whole. The goals of the scheme are aimed at creating jobs, encouraging innovation, and developing an environment that supports growth of startups
This article aims to analyse the regulatory framework for InvITs and its salient features.
In this article, we will delve into the intricacies of property inheritance for NRIs and offer valuable insights for successfully navigating this complex process.
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