Explore the taxation rules for leave encashment, covering taxability during service, retirement, and for legal heirs. Stay updated with the latest CBDT relief, raising the exemption limit to ₹25 lakh for non-government salaried employees, effective April 1, 2023. Learn about the conditions under Section 10 of the Income Tax Act and stay informed about the tax benefits available to employees for leave encashment.
Article explore the various aspects of GST on food items and restaurants, addressing common questions and clarifying applicable rates.
Discover the step-by-step process for striking off a company as per Section 248(2) of the Companies Act, 2013. Learn about board meetings, general meetings, required consents, and filing Form STK-2 with necessary attachments for a smooth and legal closure.
The dividend income received by non-resident individuals, including Foreign Portfolio Investors (FPIs) and Non-Resident Indian citizens (NRIs), is taxable at a rate of 20% without any deductions under the Income-tax Act.
This article is about GST implications for freelancers providing services to their Indian clients or foreign clients through various platforms like Upwork, Fiverr, Freelancer.com, PeoplePerHour, Remote.co, Uplers, Flexjobs etc.
Starting a business in India is a challenging yet rewarding venture. It requires a lot of effort, dedication, and a strong understanding of the local market and regulations. This article has provided an overview of the key steps involved in setting up a business in India and the potential challenges you may face. If you are ready to take the plunge, there are plenty of opportunities to make your venture a success.
Explore the simplified Standard Operating Procedure (SOP) for the scrutiny of GST returns from FY 2019-20 onwards. Learn about selection, preparation, and the response process for effective compliance.
The impact of scams has shown that certain volatile values are affected in certain terms on basis and defaults that are done in past runs with the course and progress of settlement.
While GST has brought significant changes to India’s tax landscape, it also has its advantages and disadvantages. This article delves into the various aspects of GST, exploring its pros and cons in the Indian context.
Navigate the process of trademark registration in India with our comprehensive guide. Learn about types, required documents, and the step-by-step procedure. Consult experts for effective protection of your intellectual property.