Navigating Middle-layer NBFC Scale-Based Regulations with the RBI’s Master Direction. Learn about the 4-layered structure for NBFC’s & INR 1,000 crore asset size requirement.
Explore the when, why, and how of appointing a cost auditor under the Companies Act. Learn about eligibility, procedure, and consequences of non-compliance.
Explore Section 54EC under Income Tax Act, allowing exemption from long-term capital gains when investing in specified bonds. Conditions and benefits explained.
Delhi High Court held that Delhi Gymkhana Club is exigible to Luxury tax on activity of providing residential accommodation by a hotelier for monetary consideration under the Delhi Tax on Luxuries Act, 1996.
Discover how startups in India can raise much needed capital with our comprehensive guide for fundraising. #startupfunding
Learn about the acquisition & transfer for Immovable Properties by Non Residents (NRs) in India under the FEMA, 1999. Discover if you are eligible for NR or an NRI or an OCI under the Indian Citizen Act (ICA) 1955.
Modified TCS rates on Liberalised Remittance Scheme (LRS) and overseas tour packages. Effective from October 1, 2023, with threshold adjustments.
Demystify Electronic Credit Reversal and Reclaimed Statement (ECRRS) in GST compliance with this comprehensive guide. Explore 10 key points covering mechanisms, conditions, and reporting nuances. Learn to track ITC temporary reversals, reclaim reversals from earlier tax periods, report in 4D(1), avoid excess claims, and calculate aggregate ITC. Understand opening balance reporting for monthly and quarterly filers, permissible amendments, and ECRRS ledger components. Master ECRRS for accurate and seamless GST compliance. Stay informed, stay compliant
Explore GSTR-3B Part 4, decoding Table 4 for Eligible ITC. Learn to fill details for import, reverse charge, and reclaimable ITC. A lucid guide for seamless compliance.