Inheritance Tax in India: Meaning, Calculation & Applicability Inheritance tax refers to a levy charged on individuals who receive money, property, or other assets from… Read More »Inheritance Tax in India: Meaning, Calculation & Applicability
Windfall Tax in India: Definition, Scope, and Recent Updates A Windfall Tax is a special levy imposed on companies—typically in sectors like oil and gas—that… Read More »Windfall Tax in India: Definition, Scope, and Recent Updates
Understanding Taxation in India In India, taxation plays a vital role in supporting the country’s economic framework. Taxes provide the government with essential revenue to… Read More »Understanding Taxation in India
Tax Updates Every NRI Needs to Know in 2025 With the Income Tax Bill 2025 coming into effect on April 1, 2026, NRIs and Indian… Read More »Tax Updates Every NRI Needs to Know in 2025
SEBI Allows AOPs to Open Demat Accounts in Their Own Name On February 25, 2025, the Securities and Exchange Board of India (SEBI) issued a… Read More »SEBI Allows AOPs to Open Demat Accounts in Their Own Name
GST Registration Update: Biometric Authentication Enabled in Home State Effective March 3, 2025, the Goods and Services Tax Network (GSTN) has introduced a major update… Read More »GST Registration Update: Biometric Authentication Enabled in Home State
Govt Approval Not Required for Section 80-IC Claims In a notable ruling, the Delhi High Court has affirmed that businesses operating in special category states… Read More »Govt Approval Not Required for Section 80-IC Claims
Himachal Pradesh HC : Late Fee Waiver for Pre-Amnesty GSTR-9/9C Filings The Himachal Pradesh High Court has held that taxpayers who filed their GST annual… Read More »Himachal Pradesh HC : Late Fee Waiver for Pre-Amnesty GSTR-9/9C Filings
₹11.1 Lakh MCA Penalty for MGT-14 Non-Filing The Ministry of Corporate Affairs (MCA) has imposed a penalty of ₹11.11 lakh on a Nidhi company and… Read More »₹11.1 Lakh MCA Penalty for MGT-14 Non-Filing
Compulsory ISD Registration Under GST 1st April 2025 Effective April 1, 2025, a new GST rule mandates that businesses with multiple GSTINs under the same… Read More »Compulsory ISD Registration Under GST 1st April 2025
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