Understand the implications of GST rate changes on outward supplies, input tax credit, and tax liability. Learn how to handle billing, credit notes, and compliance.
A summary of Section 186 of the Companies Act, 2013, covering limits on loans and investments, approval requirements, and recent IFSC exemptions.
The Supreme Court directs all states and UTs to create rules for Anand Karaj marriage registration within four months, ensuring equal legal standing for Sikh marriages.
A summary of India’s GST 2.0 reforms, including new tax slabs, changes to rates for various sectors, and crucial compliance guidelines for businesses.
An overview of India’s tax provisions for set-off and carry forward of losses, covering key sections, conditions, and anti-abuse rules.
Born in India, UPI has become the world’s largest real-time payments system. Learn how this homegrown innovation is transforming India’s economy and expanding globally.
Explore the transition to GST in India, its impact on tax cascading, the role of Input Tax Credit, and its effect on the national economy.
This summary clarifies GST rules on post-sale discounts, analyzing recent CBIC circulars and their impact on FCNs, ITC, and promotional activities.
An analysis of how direct taxes are triggered globally, exploring key taxable events, common complications, and the role of jurisprudence in India, the US, and other countries.
A country-by-country analysis of indirect tax systems, detailing how taxable events trigger liability and the complexities of compliance across jurisdictions.