Tax can only be imposed by lawful authority and competent legislature. The Constitution safeguards citizens from arbitrary taxation.
A structured guide to Sections 15–17 covering salary components, perquisites, and deductions. Explains exemptions, TDS rules, and relief provisions clearly.
Budget 2026 retains existing income tax slabs but revises TCS, STT, and compliance timelines. The key takeaway is simplified procedures, rationalized penalties, and expanded exemptions across sectors.
Even after incorporation, a company name can be changed if it conflicts with a registered trademark. Section 16 empowers the Government to direct rectification within three years.
This guide explains COO regulations under India’s Foreign Trade Policy and DGFT procedures. Proper compliance ensures duty benefits and smooth customs clearance.
From 1 January 2026, GST becomes a system-driven regime with mandatory validations and irreversible deadlines. Businesses must ensure strict compliance to avoid return blocks and registration disruptions.
Amazon sellers can claim reimbursement of TDS deducted on advertising and MCF fees by submitting Form 16A. Proper filing and documentation ensure recovery of deducted tax.
The Court clarified that living together across religions is not illegal unless unlawful conversion is proved. Upholding Article 21 rights, it directed police to safeguard life and liberty of consenting adults.
India taxes Virtual Digital Assets at 30% with strict loss restrictions. The article evaluates whether this regime is economically viable long term.
GAAR allows authorities to deny tax benefits from impermissible avoidance arrangements. The article evaluates whether it protects revenue without harming investor confidence.
