Get a detailed overview of Foreign Liabilities and Assets (FLA) returns, a key requirement for companies dealing with foreign direct investments (FDI) or overseas investments. Learn about who needs to submit, filing procedures, timelines, and potential penalties for late submissions.
An employee grievance policy states the correct process through which any employee can file a complaint regarding their workplace, coworkers or manager or about a conflict or any other issue regarding the workplace, such as unsatisfactory working conditions, immoral policies etc.
Explore the Authority for Advance Ruling under Income Tax. Learn about binding rulings, withdrawal procedures, application fees, and the purpose of advance rulings. Stay informed for a clear understanding of your tax liabilities.
Banks in India offer various accounts to suit all sorts of financial needs. Savings accounts, salary accounts, and current accounts being the most prominent ones, are extensively used to accommodate monetary and transactional requirements of different natures.
Understand Advance Tax under the Income Tax Act, 1961. Learn about compliance, revision of income estimates, due dates, who is exempt, tax rates, computing advance tax, payment procedure, and more. Stay informed to meet your tax obligations effectively.
Review the landmark ITAT ruling of Lifeline Medicare Hospitals Private Limited Vs CIT, where a notice levying fees for late filing of TDS prior to June 1, 2015 was set aside.
Capital gain plays a key role in income tax because, where slab rates are not applied, a fixed rate is applicable on the entire gain from capital assets. Capital gain generally comes from either the sale of land and buildings or the sale of shares or mutual funds. In the case of capital gains, the tax rates vary based on the nature of the asset.
DGFT issued a public notice No: 20/2023 regarding amnesty scheme for one-time settlement of default in export obligations. This notice amends the previous amnesty scheme and extends the deadline for application and payment.
Understand what Employee Stock Options (ESOPs) are and why a company, especially startups, should implement them. Learn about the advantages and vesting schedules. For ESOP advisory, contact Saras Juris Law.
The present article discusses Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act) and its impact i.e., positive or negative on an issue of non-performing assets (NPAs).
