Explains how salary is defined under tax law, including employer–employee requirements, included payments, and taxable perquisites. Highlights key distinctions from professional and business income.
High Court held BSF solely liable for failing to prevent a civilian from entering a hazardous area near Wagah border. Compensation of ₹60 lakh with interest was affirmed.
A comprehensive roundup of the week’s major regulatory changes across tax, GST, securities, and insolvency, highlighting new compliance rules and critical judicial decisions.
Article explains how India replaced 29 outdated labour laws with four streamlined Labour Codes to address gig work, mobility, and compliance complexity.
Explains why GST is not a discount and highlights the strict conditions under Section 16 that make personal-use ITC claims illegal.
A breakdown of major SC decisions tightening due diligence, limiting judicial interference, and redefining the finality of resolution plans under the IBC.
Card payments are convenient but expose businesses to chargebacks. Learn why mismatched bills, missing signatures, and slow responses can freeze your funds and how to prevent these losses.
A comprehensive overview of the revamped TDS structure, detailing how the Act reorganizes withholding rules and clarifies rates, thresholds, and compliance obligations.
Learn the role of DFC, why taxpayers get automated demand reminders, and how to respond without stress or confusion.
Explains how India’s ODI framework works under FEMA 1999 and the 2022 Directions, highlighting eligibility, routes, limits, and key compliance obligations.