Leave Travel Concession (LTC) is a type of benefit provided to employees by their employers to travel within the country during their leave period. The objective of this benefit is to encourage employees to take a break from work and explore new places while spending quality time with their family.
Explore the comprehensive guide on the definition of deposit under the Companies Act, 2013. Learn what constitutes a deposit and exceptions outlined by the Reserve Bank of India. Understand the prohibition on accepting deposits from the public, the process of return filing, maintenance of deposit registers, and the penalties for contravention. Stay informed on the intricacies of deposit regulations to ensure compliance with the Companies Act, 2013.
Explore a comprehensive comparative analysis of Sec 12AA/12AB and Sec 10(23C) registered trusts, institutions, and funds. Understand filing, conditions, exemptions, and violations under Income Tax laws. Stay informed for tax audit requirements.
Under Companies Act, there are different forms of audit that companies are required to undertake, depending on their size, nature of operations, and other factors. In this article, we’ll provide a comprehensive guide to the various forms of audit under the Companies Act 2013 and the compliance requirements for companies.
Moonlighting is the practise of working a second shift or a second job after finishing one’s regular job. The gig economy’s growth and the demand for additional money have led to an increase in the prevalence of this phenomena in India.
The gig economy has been on the rise in India in recent years, with the advent of various online platforms that connect gig workers with consumers. Gig work refers to short-term, project-based, or freelance work where individuals work independently and are not bound by traditional employer-employee relationships.
Understand Section 19 of CGST Act 2017 for input tax credit on goods sent for job work. Learn about conditions, time limits, and FAQs on job work and principal’s rights. Stay compliant with GST laws.
Core issue involved in the appeals is the scope of assessment u/s 153A. question posed for consideration is, as to whether in respect of completed assessments/unabated assessments, whether the jurisdiction of AO to make assessment is confined to incriminating material found during the course of search u/s 132 or requisition u/s 132A or not,
Residential status for income tax refers to the status of an individual or an entity based on their presence or stay in India during a financial year. It determines the extent to which their income will be taxed in India.
It is impossible to overestimate the significance of international labour norms and law in the modern, globalised world. With the expansion of global trade and business, it is more important than ever to guarantee that employees are safeguarded and treated fairly across international borders.
