A Bollywood actor wins a major tax case on Foreign Tax Credit (FTC). Learn how FTC works, key legal takeaways, and how to ...

A trademark search is a vital tool in your business's marketing arsenal. This process enables you to identify trademarks already used within the market and gain insights into them. Moreover, it helps ...

The case was brought before the court by a pharmaceutical company registered under GST. The company faced financial distress and belatedly filed its GSTR-9 and GSTR-9C returns on March 13, 2023.

To register property in India, the buyer needs to pay some charges in the form of stamp duty for registration. Previously, stamp duties were paid by purchasing stamp papers from authorised stamp ...

As explained above, the stamp duty is a kind of tax that requires to be paid at the time of Assam property registration. This legal tax needs to be paid as proof for any purchase of immovable property ...

An undischarged insolvent. A person who was declared involvement in the preceding five years. A person who has withheld payments to his creditors at any point of time in the preceding five years of ...

In India, the tax system is a cornerstone of the country’s economic infrastructure. Taxes help the government generate the revenue required to fund public goods and services such as education, ...

A Windfall Tax is a special tax imposed on industries that earn unexpected and excessive profits due to external global factors beyond their control. India implemented the Windfall Tax in July 2022 to ...

Inheritance tax is a levy imposed on individuals who inherit money, property, or other assets from a deceased person. Inherited assets can be received through a will, succession, nomination, or joint ...

The Income Tax Bill 2025 brings significant changes to the taxation framework to aim to simply the Income Tax Act 1961. The new bill moves the provisions of the new tax regime under Section 115BAC of ...

Soundara Rajan is a Chartered Accountant having 34 years of expertise in Finance, Accounts and Taxation.

The Income Tax Bill 2025 introduces significant changes to the taxation framework, aiming to simplify and modernise tax laws. As part of this reform, over 300 outdated provisions, including Section ...