Companies must report MSE payments delayed beyond 45 days to the MCA. Learn about compliance under MSME Act, IT Act, and tax implications for businesses.
Introduction If you’re a tour operator offering package tours to foreign tourists, and the tour covers places inside India and outside India (like Nepal, Bhutan, or Sri Lanka), then part of your service may be exempt from GST. Let me explain how this works in a simple, clear way, without legal jargon. Who Can Get This GST Benefit? This exemption is only for […]
Learn about GST exemptions on training services in art, culture, yoga, and sports under Notification No. 12/2017. Know eligibility and applicable conditions.
Indian crypto investors who thought they could dodge taxes by trading on foreign platforms like Binance are in for a rude awakening. The Income Tax department is now tightening the screws, ensuring that the 1% tax deducted at source (TDS) on crypto transactions—introduced in July 2022—is being properly paid.
Erroneous application of Section 87A rebate has led to tax demand notices for eligible taxpayers, while others receive undue benefits. Urgent rectification needed.
Late filing of GST returns attracts late fees under Section 47. Can an additional penalty under Section 125 be imposed? Legal insights, case laws, and judicial precedents.
Learn about the Authorised Economic Operator (AEO) Programme, its benefits, eligibility, application process, and impact on international trade compliance in India.
Learn about Input Service Distributor (ISD) under GST, ITC distribution rules, and compliance requirements to ensure tax efficiency and avoid disputes.
Understand the importance of Diversity, Equity & Inclusion (DEI) at the workplace, its benefits, and the role of leadership in fostering an inclusive environment.
Finance Act 2025 introduces major direct tax changes, including revised income tax slabs, increased rebate limits, and updates to perquisites, NPS deductions, and charitable trust taxation.
