Explore the Supreme Courts insights on Section 153C of the Income Tax Act, emphasizing due process. Learn key takeaways, including scope, applicability, assessment timelines, and the burden of proof. Ensure proper handling of electronic data in tax authority procedures.
Learn how to claim taxes paid outside India according to different nations’ tax rules. Find out if double taxation is possible and discover what remedies are available.
RBI issues norms for provisioning of NPA (Non-performing assets) in financials of all banks being a regulator. NPA means identification of a loan where the borrower defaults in repayment of the loan over 90 days from due date
Learn about the UPI-PayNow Interlinkage, which allows for cross-border remittance transactions between India & Singapore. Participating banks include Axis Bank, DBS, ICICI Bank, Indian Bank, Indian Overseas & SB India.
These days, many banks and NBFCs are offering home loans and borrowers have plenty of options to choose from. It is easy to get approved for a home loan and buying a home is not as difficult as it once was. However, borrowers must be extra careful while availing a home loan – the rule is simple borrow what you can easily repay
Tax audit procedure under Section 44AB of the Income Tax Act explained simply. Taxpayers need to appoint a Chartered Accountant to comply with 44AB provisions. Learn details with our analysis.
The finance world evolves and improves by finding the loopholes in the compliance and regulations frameworks, in fact all the major scams in the world occurred because of the loopholes the finance geeks found.
Learn step by step how to file EPF return online with the help of the Employees’ Provident Fund Organisation. Log in to the unified portal for filing EPF return before the due date of 15th of the month.
Learn more about the regulatory requirement for obtaining license in India for tobacco production. Clear requirements and license criteria from The Cigarettes And Other Tobacco Products (Prohibition Of Advertisement And Regulation Of Trade And Commerce, Production, Supply And Distribution) Act, 2003, FSSAI, & CBN.
Understand Statutory Compliance and all its associated rules with Minimum Wages Act/Payment of Wages Act/Equal Remuneration Act.
