Explains the tax treatment and mandatory ITR disclosures for foreign ESOPs, highlighting the need to report shares annually and avoid penalties.
The High Court overturned an order directing registration of a temple lease after finding serious concerns about mismanagement. The ruling affirms HR&CE’s authority to investigate financial and property irregularities in denominational temples receiving public contributions.
It’s a fact that Tier-3 towns have lower insurance coverage than big cities. People in towns are not usually financially aware and are not exposed to formal insurance products. Physical distribution here is also poor: the company has fewer branches and trained agents to assist in buying and claims.
The High Court took suo motu cognizance of an incident where a lawyer was assaulted by police, emphasizing mutual respect and cooperation between advocates and law enforcement.
Discover common mistakes in GSTR-9 and GSTR-9C filings and learn strategies to prevent scrutiny, penalties, and disputes with thorough reconciliations and documentation.
The RBI grants SRO status to FIDC, enabling NBFCs to be supervised through a co-regulatory framework, improving compliance, transparency, and sectoral stability.
The MCA now mandates e-Adjudication for corporate penalties, streamlining notices, filings, and orders. This reform accelerates compliance, enhances transparency, and reduces litigation delays.
A slump sale involves transferring an undertaking for a lump-sum consideration without breaking down individual asset values. It simplifies business restructuring but triggers capital gains tax for the seller.
Breaks down how the law protects taxpayers who misclassify supplies between intra-State and inter-State, highlighting refund rights and interest relief.
Explains how systemic reforms across banking, markets, insurance, pensions and fintech underpin India’s path toward a resilient, inclusive developed economy. Highlights the core regulatory and technological changes that drive growth and stability.
