Navigate GST on legal services with clarity! Explore exemptions, tax liabilities under Forward and Reverse Charge Mechanism, and GST registration requirements. This comprehensive guide breaks down legal services’ taxability, defines key terms, and provides insights for advocates and businesses. Stay informed and ensure compliance in the complex landscape of GST on legal services.
The Legal Metrology Act of 2009 in India establishes uniform standards for weights and measures, ensuring accuracy in trade. Explore its key features, including metrological standards, verification and stamping, prescribed units, regulations for packaged commodities, enforcement and penalties, and consumer protection. Understand the role of the Legal Metrology Organization in overseeing compliance and promoting fair trade practices across various sectors of the Indian economy.
Understand the key differences between a Company Secretary (CS) and a Chartered Accountant (CA). While CS focuses on legal compliance and corporate governance, CA specializes in accounting, auditing, taxation, and financial management. Learn about their distinct roles and educational paths.
Ensure compliance with the Foreign Exchange Management Act (FEMA) by filing the Foreign Liabilities and Assets (FLA) annual return. Understand who needs to file, the filing process, and consequences of non-compliance. Stay informed for smooth operations in foreign investments.
Learn how to report Long Term Capital Gain (LTCG) on the sale of land and buildings in ITR 2. Follow the step-by-step procedure, complete with illustrations and screenshots, for a hassle-free filing experience. Understand the new ITR forms, filing dates, and more.
सामान्यतः हम यह पाते हैं कि व्यापारिक लेन-देन में किताबों में नगदी कम पड़ जाती है तो हम प्रोप्राइटर या पार्टनर के पूंजी खाते से निवेश बता देंते है. इनके खाते में पैसा कहां से आया, इसके लिए हम माता पिता या रिश्तेदारों से निजी उपयोग के लिए गिफ्ट बता देते हैं जो ज्यादातर कैश […]
Learn about filing Form 3 LLP for initial LLP Agreement and changes in LLP Agreement. Understand purposes, eligibility, and FAQs for smooth filing. Get insights into linked filings, editing details, and error resolution in Form 3 LLP. Simplify LLP compliance with accurate information.
Avoid common financial mistakes in India with smart strategies. Set clear goals, build emergency funds, invest wisely, and prioritize financial planning. Learn about credit scores, debt management, and retirement planning. Take proactive steps for a secure financial future in India.
Article explains various types of income that are disclosed under Annual Information Statement (AIS) as instructed by Income Tax Department
Presently, rebate is allowed u/s 87A of Rs. 12,500/- in old regime of Income Tax, if any resident individual whose total income during the previous year does not exceed Rs. 5,00,000. Rebate is available only to the extent of Rs.12,500, and if total income exceeds Rs. 5,00,000 no rebate will be available.
