The Companies Act 2013 has introduced the concept of small companies on the basis of paid up share capital and turnover. MCA(Ministry of corporate affairs) amend the definition of small company and amend the rule 2(1)( t) of Companies (Specification of Definition Details Rule 2014) wide it’s notification on 15th September ‘2022. In the companies […]
Employee Stock Option Plan (ESOP) is an option given to directors, officers or permanent employees of a company to purchase or subscribe the securities offered by the company at a future date, at a concessional price generally. Employee Stock Option Plans are one of the most important tools to attract, encourage and retain employees. It […]
Article explains Benefits Of Opening an NRE Account in India, Eligibility Criteria to Have an NRE Account, What Happens to The NRE Account When You Come to India Again, What is an NRO account, Taxation Of NRO Account in India and Differences Between NRE AND NRO Accounts. A Non-Resident External (NRE) Account is a bank […]
Article explains who Eligibility of Overseas Citizenship of India (OCI) statu, Non-eligibility of OCI status, Benefits Available to An OCI Holder and Restrictions On OCI Holders. Overseas Citizenship of India (OCI) is a scheme introduced by The Citizenship (Amendment) Act, 2005 which provides permanent residency available to people of Indian origin and their spouses to live […]
Article explains What is Double Taxation Avoidance Agreement (DTAA), and how DTAA helps, types of relief under DTAA, Benefits of DTAA, How to claim DTAA benefits in India and What are the documents required for an NRI to claim DTAA benefit. What if you currently reside in the UK, have invested in India, and are […]
Many non-resident Indians (NRIs) came to India just as COVID-19 had started to spread and were stuck in India for a longer period. The main concern after the pandemic was regarding the treatment of their tax liabilities. However, the government has come up with various rules about the residential status of these people. Benefits In […]
Gain a comprehensive understanding of transfer pricing regulations with this informative article. Learn about Section 92A to 92F and Rules 10A to 10E.
Understanding FBAR regulations Learn about the Bank Secrecy Act and the reporting requirements for foreign financial accounts.
Understand the applicability of the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 and the importance of constituting an Internal Complaints Committee.
Discover the FAQs on issues in filing Tax Audit Report Form 3CA-CD/3CB-CD. Learn about prerequisites, process, and more.
