Understand the regulations for foreign nationals, NRIs, and OCIs buying property in India. Learn about eligible properties, legal frameworks, taxation, and repatriation of funds.
Income Tax Act, 1961, has undergone continuous reforms over the years to enhance clarity, efficiency, and taxpayer compliance. Despite these efforts, ambiguities in certain provisions have often led to misuse such as wrongful claims of deductions, underreporting of income, or complete non-disclosure.
Bengaluru tax authorities challenge NFAC order on unsecured loan deletion, citing Rule 46A violation. Case remitted for fresh adjudication.
Goods and Services Tax (GST) is a destination-based, holistic indirect tax on the supply of services and goods. It was introduced in India on July 1, 2017, and was intended to subsume multiple indirect taxes like VAT, service tax, excise duty, etc., into a one-tax system.
High Court rules GST Section 130 invalid for excess stock, affirming Section 73/74 for tax determination. Rs. 14.58 lakh demand set aside.
Understand India’s capital gains tax evolution, including legislative history, special tax rates, and the Section 87A rebate, with recent amendments and ongoing issues.
Understand tax deduction at source (TDS) on payments to non-residents and foreign companies, including applicable rates, DTAA benefits, PAN requirements, and compliance forms like 15CA/15CB.
MCA introduces Companies (Management and Administration) Amendment Rules, 2025, substituting e-forms MGT-7, MGT-7A, and MGT-15 from July 14.
MCA’s Companies (Accounts) Second Amendment Rules, 2025. Effective July 14, mandate crucial disclosures on sexual harassment and maternity benefits in Board Reports and introduce new e-Forms like ‘Extract of Board Report’ for financial filings.
Understand GST’s Input Service Distributor (ISD) mechanism, its mandatory implementation from April 2025, and how it impacts ITC distribution for common input services.
