So DTAA: Is an agreement between two countries that plays a crucial role in determining how your income is taxed and, more importantly, how much of it you get to keep.

India’s booming economy and diverse work culture attract a significant number of foreign professionals each year working in global...

The Foreign Liabilities and Assets (FLA) return is one of the compliance obligations that entities that have made Overseas Direct Investment

NBFCs: The Thriving Entities in the Economy Think of Non-Banking Financial Companies (NBFCs) as the edgy, innovative cousins of...

In India’s financial landscape, compliance with regulatory frameworks is crucial for smooth business operations, especially for foreign inve

Supply Definition: As per the Act, Supply means all forms of supply of goods or services, e.g., sale, transfer, barter exchange, lease, disp

Introduction Tax audit is a crucial aspect of the Indian income tax system, governed by Section 44AB of the Income Tax Act, 1961. It is a...

Introduction The Foreign Exchange Management Act (FEMA) is the critical piece of legislation in India, regulating foreign exchange...

In order to overcome tax evasion measures adopted by taxpayers, Indian Income Tax laws provide for deduction of tax on income of any...

Introduction TDS（Tax Deducted at Source） under section 194R was introduced in the Union Budget 2022, and it was made effective from 1st...

Introduction As an LLP is a separate legal entity therefore it shall be under obligation to maintain annual accounts presenting true and...

Introduction The Lok Sabha has passed the Finance Bill 2023 with over 60 amendments by making changes to the bill which was initially...

Introduction: The government has taken steps in transforming its judicial system by going completely faceless and using e-proceedings....

As per the Provisions of Ind-AS-20, government means State government, Central government, Local Government, or an International;...

Accounting is summarizing, analyzing, and reporting business transactions to omissions agencies, regulators, and tax collection entities....