Health insurance provides financial protection during medical emergencies by covering hospitalization costs and other medical expenses. To promote the purchase of health insurance policies, the […]
A Comprehensive Guide to Section 194R and TDS on Perquisites
Section 194R of the Income-tax Act was introduced to widen the scope of tax deduction at source by making the provider of a benefit or […]
Tax Implications of Mergers and Acquisitions: A Comprehensive Overview
Mergers and acquisitions serve as strategic tools for corporate restructuring and business expansion. The internal objectives of M&A often stem from operational challenges and opportunities […]
SEBI LODR Amendment: Clarifying the New Market Capitalization Formula
The Securities and Exchange Board of India has introduced critical updates to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These updates were notified […]
Understanding Industrial Relations in the Era of New Labour Codes
The maintenance of peaceful and cooperative industrial relations plays a critical role in achieving and sustaining high levels of production. When stability and harmony prevail […]
Step-by-Step Guide to Udyam MSME Registration Online
MSME stands for Micro, Small, and Medium Enterprises. These enterprises form the backbone of the Indian economy by contributing significantly to employment generation, export promotion, […]
List of Allowable Deductions Under PGBP in Income Tax
Income tax in India is computed under five heads, and one of the most intricate yet essential among them is the head of Profits and […]
CBDT Responds to SC in Abhisar Buildwell: A Critical Perspective
This instruction was issued to standardize the implementation process of the Supreme Court’s decision, especially in cases involving completed or unabated assessments under sections 153A […]
Complete Guide to NISM Exam Preparation: Strategies and Study Schedule
Preparing for any NISM certification exam begins with understanding its structure and syllabus. This foundational step allows you to approach the exam with clarity and […]
Impact of Accounting Methods on Taxable Business Income under PGBP
Method of accounting refers to the process through which income, expenses, assets, and liabilities are recorded in the books of accounts of a business during […]
Understanding the Scope and Implications of Section 2(22)(e) of the Income Tax Act
Section 2(22)(e) of the Indian Income Tax Act introduces the concept of deemed dividends, where certain transactions that do not appear to be traditional dividend […]
Understanding Consignment Accounts: Principles and Practices in Accounting
Consignment is a business arrangement in which one person sends goods to another to sell them on behalf of the sender. The sender of the […]
Evolution of the Companies Act: 1956 to 2021
The company legislation in India dates back to the nineteenth century. Since its origin, corporate law has undergone several amendments and reforms to meet the […]
Understanding the Functions and Strategies of Debt Recovery Agents
Debt recovery agents play a pivotal role in the financial ecosystem, particularly in the operations of banks and non-banking financial companies. Their primary function is […]
Updated MSME Classification: New Investment and Turnover Criteria
The classification of Micro, Small, and Medium Enterprises has undergone a major revision to enable growth and provide support to a larger number of enterprises. […]