The POSH Act, 2013 is an Indian law made to protect women from sexual harassment at the workplace. It ensures that every office, company, or organization provides a safe and respectful working environment. Under this law, employers must create a system where complaints can be raised and properly handled. To check whether companies are following […]
Citizenship is no longer just about nationality but global mobility and flexibility. This explains why entrepreneurs are choosing practical second-passport options.
This article outlines major direct and indirect tax expectations from Budget 2026–27. The key takeaway is a push toward simpler compliance and higher taxpayer confidence.
This analysis compares director loans and equity infusion for private companies. It highlights differences in tax efficiency, compliance burden, cost, and impact on ownership.
The appellate authority held that firefighting installations integrated into a factory are part of immovable property. ITC was denied under Section 17(5) despite their safety function.
The appellate authority ruled that electrical installation works for a new factory form part of immovable property. Since they do not qualify as plant and machinery, ITC was held to be blocked under Section 17(5) of the GST law.
The Budget is expected to further rationalise import duties to offset high metal prices and strengthen global competitiveness of jewellery exports. The key takeaway is cost relief to revive demand and exporter margins.
The appellate authority held that interactive flat panel displays are primarily large display devices. Despite embedded computing features, they remain classifiable as monitors under HSN 85285900, attracting 28% GST.
The addition was set aside as no cash was found, traced, or shown to be received by the assessee. Mere suspicion or inference cannot substitute proof under section 69A.
The Supreme Court held that compensatory allowances form part of “ordinary wages” for overtime calculation. Executive circulars cannot override the clear mandate of Section 59(2).
