Double taxation can be a concern when a person residing in India earns income that is also taxable in a foreign country. To address this issue, individuals can claim credit for taxes paid outside India as Foreign Tax Credit (FTC)
Introduction: In a significant development for exporters, the Government of India, through the Ministry of Finance’s Department of Revenue, has released a Public Notice regarding the revision of All Industry Rates (AIRs) of Duty Drawback. This update, dated October 27, 2023, outlines essential changes and clarifications concerning Duty Drawback rates and their implications for the […]
Get the latest update on the Dearness Relief for Central Government pensioners and family pensioners. Learn about the revised rates effective from 01.07.2023
Learn about the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023. Explore changes, impacts, and compliance for private and public companies.
Explore capital gains tax exemptions under Income-tax Act sections 54, 54B, 54D, 54EC, 54EE, 54F, 54G, 54GA, and 54GB. Learn rules, eligibility, and conditions.
This article clarifies the taxability of personal and corporate guarantees in GST as per Circular 204/16/2023 issued by the Central Board of Indirect Taxes and Customs
Shri Sandip Garg assumes the role of Whole Time Member at IBBI. Learn about his diverse background and contributions to the insolvency and bankruptcy sector.
SEBI extends trading suspension for commodities like Paddy, Wheat, Chana, and more. Learn about the latest developments in the derivatives market
Explore LLP (Third Amendment) Rules, 2023. Learn about the Register of Partners, declaration of beneficial interest, and their implications. Stay updated
Discover how Joint Development Agreements (JDA) impact taxability under Section 45(5A). Learn about capital gains, deductions, and important details in this comprehensive guide.
