As of 2023, Indias financial literacy is on the rise, but challenges persist. Explore the current landscape, government initiatives, and positive trends in promoting financial education for informed decision-making.
Get ready to shell out more for overseas tour packages from July 1, 2023! A 20% TCS on international remittances will impact travel costs, but there are ways to navigate this increase. Understand the implications and explore alternatives to minimize the impact on your international travel budget.
Discover the origin, benefits, and legal aspects of Social Audit. Learn about its history in India, objectives, and its significance in various sectors, including MGNREGA and corporate responsibility. Stay informed on the evolving landscape of social accountability and how organizations can contribute positively to society.
RBI proposed new regulations on how lenders can charge penalties on loans. Many lenders currently charge extra interest, known as penal interest, when a borrower fails to make their loan repayments on time or violates the loan terms.
Explore key factors for selecting a health insurance policy, including tenure, premium, post-hospitalization coverage, organ donor, and Ayush treatment benefits. Learn to safeguard your health with the right insurance.
Learn about the Employees State Insurance Corporation (ESIC) in India, a statutory body providing social security benefits to organized sector workers. Explore its medical, cash, maternity, and pension benefits, as well as the funding structure through employer and employee contributions. Understand how ESIC contributes to the well-being of workers and their families
In India, the e-way bill is a mandatory document for the transportation of goods worth more than Rs. 50,000 (approximately USD 675) from one place to another, whether within a state or inter-state, under the Goods and Services Tax (GST) regime. The e-way bill is an electronically generated document that contains details of the goods being transported, the parties involved in the transaction, and the mode of transportation.
Explore Section 194H of the Income Tax Act, covering TDS on commission and brokerage payments. Understand key features, tax rates, threshold limits, and obligations of deductors. Delve into relevant case laws for comprehensive insights into the application of Section 194H.
Understand the intricacies of gold wastage in ornament creation and its tax implications in the case of P.R. Gold and Silver Craft v. DCIT. Delve into the Chennai Tribunals ruling on treating gold wastage as making charges and the applicability of TDS under Section 194C. Gain insights for your business.
Explore the Calcutta High Court’s decision in PCIT v. Soorajmul Nagarmull, emphasizing the allowance of time-barred appeals involving substantial questions of law. Gain insights into the case and its implications.
