Tax benefits on home loan are a significant incentive provided by Government to encourage home ownership and investment in real estate. These benefits allow individuals to save money by reducing their tax liability. The Indian government provides a way to fulfil this dream by encouraging citizens to invest in a house property. It offers various

Startup is a buzz word around the world and India is of no exception. The current generation of Indian youth has decided to not follow the traditional path of their parents and grandparents to restrict themselves to jobs or small-scale businesses. The technological advancement has also motivated young entrepreneurs to take this challenging path of

In India, trademark registration, protection and prevention of illegal use of trademark is governed by the provisions of the Trademark Act, 1999. It provides the provisions related to procedure for registration of trademark, rights of the owner of a trademark, penalties in case of infringement, various remedies to owner of a trademark, objection, dispute resolution,

Audit is the foundation of any tax law to check on the taxpayer whether they are complying with the taxation laws. Professionals like CA/CPA and revenue authorities can conduct audits, which are generally called assessments. The dictionary meaning of the term “audit” is check, review, inspection, etc. In India, various types of audits are prescribed

Every organization which has registered itself under the FSSAI Act shall comply with the requirements for complying with FSSAI Annual Returns which shall be filed within due dates as prescribed in regulation 2.1.13 and in case of non-compliance a penalty shall be levied. Let us understand who all are required to file FSSAI Annual Returns

The most suited form of corporate structure for medium and small businesses who want to grow and obtain startup funding is Private Limited Company. A Private Limited company has a separate legal entity different from its directors and shareholders. It has advantage for its shareholder since they enjoy limited liability to the extent of their

Summary of Notification No. 18/2023 to 26/2023-CT and Circular No. 192 to 199 issued on 17th July 2023, in pursuance of the 50th GST Council Meeting held on 11th July 2023. In pursuance of the recommendations made in the 50th GST Council Meeting, the Board has issued Notifications and circulars clarifying various issues. Provided below

The  Income Tax Act provides several tax reliefs to reduce the taxable income of individuals and companies. One of such  deduction is made under Section 80JJA of the Income Tax Act and is commonly known as 80JJAA deduction. Section 80 JJAA of the Income Tax Act is a significant provision that aims to promote employment

The moment new financial year starts, every company begin sending Emails to their employees to submit Investment declaration in order to compute employee’s taxable salary income and give necessary deductions/benefits from their total income and reduce their tax burden. Most of the time employees either miss to submit those declaration or are unaware on how

Introduction The Companies Act, 2013, introduced significant reforms to corporate governance and transparency in India. One of the important provisions under the Act is the requirement to file the DPT-3 form. The DPT-3 form pertains to the disclosure of details of outstanding loans, deposits, and other forms of non-deposit liabilities by companies. In this article,