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

To foster employment in India, the Hon’ble Government of India has introduced section 80JJAA of the Income-tax Act, 1961 (‘the Act’).

Foreign Direct Investment (FDI) in India has been an instrumental in shaping the Nation’s economic landscape.

Are you familiar with India’s essential export regulations? If you receive payments from abroad in foreign currency, you are exempt from...

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...

Are you looking to expand your company into the global market but unsure of how to navigate it? In this article, we’ll discuss how...

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....

Introduction Where Compensation is received at the time of voluntary retirement or in case of separation, the income received as...

ESOP refers to an option given to employees of a company to purchase shares of the company, in return of his dedicated services to the...

The foreign tax credit is a non-returnable tax credit for a foreign government’s income taxes due to foreign income tax withholdings. The...

Equalization levy was introduced in India has substantially extended the scope of equalization levy, intending to tax the digital...