Madras High Court clarifies the non-applicability of capital gains tax on transactions through power of attorney, setting a precedent for future cases.
Insurance Regulatory & Development Authority Master Circular Ref: IRDAI/F&I/CIR/RIC/90/4/2023 Date: 24.04.2023 Master Circular on Registration of Indian Insurance Company, 2023 The Authority has notified the IRDAI (Registration of Indian Insurance Companies) Regulations, 2022 (herein after referred to as “Regulations”). In exercise of the powers conferred by Section 14 of the IRDA Act, 1999, the Authority hereby […]
The theory of laissez-faire is an economic theory that supports government non-intervention in business activities. It holds that the market economy is efficient and will allocate resources effectively and efficiently.
Explore the deductions available under the Old vs. New Income Tax Regime effective from 01.04.2023 (FY 2023-2024, AY 2024-2025)
Labour law is the diverse body of legislation that governs issues such as employment, wages, working conditions, trade unions, and industrial relations. In its broadest definition, the phrase encompasses both social security and disability insurance. Unlike contract, tort, or property law, the elements of labour law are less homogenous than the rules regulating a specific legal relationship.
SEZs have come to be an important tool for encouraging the development and growth of the economy in India. SEZs are geographically defined territories that function as self-contained economies with distinct tax and regulatory rules.
Navigate the Investor Education and Protection Fund (IEPF) refund process seamlessly with our step-by-step guide. Reclaim unclaimed dividends and deposits effortlessly. Learn the importance of timely claims and understand the simple IEPF claim process.
Credit availed by an assessee cannot be denied or varied on the ground that the classification of service should have been made in a different category by the provider of service.
RESERVE BANK OF INDIA RBI/2023-24/18 DOR.STR.REC.12/21.04.048/2023-24 April 24, 2023 All Primary (Urban) Co-operative Banks, Madam / Dear Sir, Provisioning for standard assets by primary (Urban) co-operative banks – revised norms under four-tiered regulatory framework Please refer to circular DOR.REG.No.84/07.01.000/2022-23 dated December 01, 2022, in terms of which Urban Co-operative Banks (UCBs) have been categorized into four […]
CESTAT Ahmedabad held that activity of only transportation of goods will not be considered as cargo handling service.