TDS Deduction on Payment to Non Residents as per Income Tax Act, 1961
TDS on payments made to non-residents is always a difficult matter. The income tax regulations for residents and non-residents (NRIs) […]
TDS on payments made to non-residents is always a difficult matter. The income tax regulations for residents and non-residents (NRIs) […]
The e-invoicing system under GST was implemented on 1 October 2020 to taxpayers with a combined profit of more than
Many salaried and retiring taxpayers have filed their Income Tax Return (ITR) and are obliged to make certain mistakes due
Companies must file annual reports, quarterly reports, management discussion and analysis, and other filings with authorities and investors. Most businesses
All losses incurred as a result of exempted sources of income cannot be set off against taxable income. If an income
PF stands for Provident Fund. Similarly, ESI stands for Employees’ State Insurance. The government made these to ensure that the
The Ministry of Corporate Affairs via notice on January 22, 2021 inserted an explanation under Rule 16 of the Companies
Before we discuss Labour Laws in India, we must ask, “Who is a labour?” A labourer is a person who
Too many concerns surround the topic of NRO to NRE Fund Transfer, adding to NRIs’ concern. The notion of NRO
The Transfer of Property Act, 1882 (“Act”) governs property transfers as gifts in India. A gift of property is transferring
Business usually is an occupation or trade where one buys or sells products or services for profit. The term business
The government has introduced a presumptive taxation scheme under section 44AD of the Income Tax Act to assist minor taxpayers.