Section 185 of Companies Act, 2013 goes beyond just regulating loans to directors—it encompasses a broader spectrum of transactions involving individuals and entities connected to them.
Key regulatory changes from June 30 – July 6, 2025: Income Tax CII & exemptions, GST rulings, Customs duties & import norms, SEBI’s compliance & market reforms, RBI loan & trading updates.
Allahabad High Court rules GST demand order cannot exceed show cause notice amount, violating Section 75(7) CGST Act, setting aside the higher demand.
Understand India’s Reverse Charge Mechanism (RCM) under GST, its evolution from Service Tax, and its application to various goods and services.
CA May 2025 exam pass percentage drops sharply across all levels. Foundation, Intermediate, and Final results raise concerns for aspirants preparing for future attempts.
Understand tax relief for tuition fees, education loans, and allowances under Income Tax Act. Learn what parents can claim and how the new tax regime affects deductions.
Planning for life after work no longer means locking away money in a single savings account. Today, many Indians prefer a mix of steady, regulated products alongside growth-oriented assets. One option that fits neatly in the middle is the National Pension System (NPS). An NPS investment offers structure, flexibility, and tax advantages without demanding expert market timing.
Explore 7 powerful ways to integrate AI into your business in 2025 for enhanced efficiency, improved decision-making, and sustainable growth.
This article explores the frequent compliance missteps, the underlying misunderstandings that cause them, and the severe regulatory fallout, with a particular focus on the intricacies of late deductions, delayed deposits, and inaccurate reporting.
Explore the Kelkar Shah Model’s vision for India’s tax system, including a unified GST, dual tax structure, and proposals for income, corporate, and wealth tax reforms.