Discover the various types of loans available in India, including secured loans like home loans, gold loans, vehicle loans, and more, as well as unsecured loans like personal loans, short-term business loans, education loans, and credit cards. Understand the advantages and disadvantages of each loan type to make informed borrowing decisions.
In an important judgement, the Hon’ble Calcutta High Court has asserted that the Appellate Authority cannot overstep the allegations made in the Show Cause Notice (SCN).
Discover the critical verdict by the Calcutta High Court that cash credit accounts cannot be provisionally attached, setting an essential legal precedent.
Learn about the taxation of virtual digital assets (VDAs) and the set-off of losses on the sale of one VDA against the profit on the sale of another VDA. Explore the provisions under section 115BBH, the confusion surrounding set-off rules, and the implications for Bitcoin transactions. Gain insights into the classification of VDAs, the treatment of NFTs, and key considerations for taxation.
Learn about the process of filing applications by financial creditors under the Insolvency and Bankruptcy Code. Understand the provisions, timelines, and requirements for initiating Corporate Insolvency Resolution Process (CIRP) as a financial creditor.
Explore the thirty essential parameters that need to be equal nation-wise, state-wise, and local body-wise for a government-sponsored housing program. From affordability and adequacy to inclusive policies and green initiatives, these parameters aim to create equal opportunities and rights in housing.
Learn the method to calculate the Net Annual Value (NAV) of a house property for income tax purposes. Understand the steps to compute the Gross Annual Value (GAV), deductions for rental income, and major points to consider when dealing with let-out house properties.
Explore the lessons learned from the Turkey earthquake, the Silicon Valley Bank failure, Tobin Q ratios, and Marcowitz portfolio theory. Gain insights into disaster mitigation strategies, risks associated with concentrated deposits, economic ratios, and the government’s role in affordable housing.
Discover the debate surrounding cash payments exceeding Rs. 10,000 to electricity boards in Income Tax. Learn about Rule 6DD, government entities, and relevant case laws to understand the disallowance implications.
The Digital Yuan, China’s digital currency, is reshaping the future of finance. In this article, we explore the crucial role of Artificial Intelligence (AI) within the Digital Yuan ecosystem.
