As per new guidelines, business owners must obtain a valid PAN card before registering under GST or filing income tax PAN ...
Ideally the Debt to Income Ratio should be less than 30% i.e your monthly debt repayments should be less than 30% of your ...
Securities and Exchange Board of India (SEBI) has introduced industry standards to streamline compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, ...
For private companies preparing for an IPO, the appointment of a CFO/ CEO/WTD/ Manager may be optional if the company has a paid-up capital of less than ₹10 crore, as mentioned in above mentioned ...
As of September 2024, banks reported an aggregate Capital to Risk-weighted Assets Ratio (CRAR) of 16.6%, well above the regulatory minimum of 9%. The Gross Non-Performing Assets (GNPA) ratio stands at ...
The surcharge under Section 115BAC (New Tax Regime) and the Old Tax Regime differs in terms of applicability and rates. Under the new tax regime, the surcharge is applicable on total income exceeding ...
Section 271 (1) (b) and Its Discretionary Nature: The imposition of penalties under section 271 (1) (b) is not automatic. The income tax authorities have to consider the circumstances before levying ...
However, along with the evaluating laws and no more clarity midst the legal framework and departmental authorities, Exporters still face the issues on mechanism for tax payment and refunds in case of ...
1. SEBI had received representations to permit opening of demat accounts directly in the name of Association of Persons (AoP).
Notably, with the amendment to section 115BAC of the Income Tax Act as effective from F.Y. 2023-2024 [A.Y. 2024-2025], the new tax regime is made as a default tax regime for persons other than ...
Employees in fraudulent companies often face job insecurity, unpaid salaries, and ethical dilemmas. These frauds have left thousands of employees in the lurch. Moreover, employees who raise red flags ...
Recently I came across a story of a middle class person who earned Rs.5 crore of wealth in 11 years. Takeaway from a story is to stay invested for a long period of time, what may come. Market up or ...