Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in India's economic growth, requiring funding for establishment and expansion. The Government of India has launched various schemes to provide…
During Diwali or other occasions, individuals may receive cash gifts, prompting questions about tax implications. According to Section 56(2)(x) of the Income Tax Act, 1961, if the aggregate cash received…
Following the Reserve Bank of India's (RBI) decision to increase the risk weight on unsecured lending, including credit card receivables by banks and non-banking finance companies (NBFCs), borrowers are likely…
In a significant move to improve user experience and accessibility, the Food Safety and Standards Authority of India (FSSAI) has introduced regional language options for the Food Safety Compliance System…
As Diwali celebrations conclude and market holidays come to an end, Indian investors gear up for an action-packed week featuring four significant initial public offerings (IPOs). The spotlight falls on…
India's gross direct tax collections for the fiscal year 2023–24 have exhibited a robust increase of 17.59%, reaching ₹12.37 lakh crore as of November 9, 2023, according to the Income…
The Bombay Sales of Motor Spirit Taxation Act, 1958, specifically addresses the licensing of traders involved in the motor spirit trade. This crucial legislation, enacted on 3rd September 1958, outlines…
In a workshop held during the Keraleeyam festival, Kerala Industries Minister P Rajeeve emphasized the significance of the Trade Receivables Discounting Electronic System (TReDS) as a reliable support mechanism for…
In a notable shift within the Indian stock market, companies are increasingly favoring share buybacks over traditional dividends as a means of rewarding shareholders. Rahul Bhutoria, Director and Founder of…
Obtaining Duplicate Land Registration Document in India: A Step-by-Step Guide Concerned about losing your land registration document in India? Worry not, as obtaining a duplicate is a viable solution. This…