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Foreign Liabilities and Assets Return (FLA): A Manual for Indian entity
In India’s financial landscape, compliance with regulatory frameworks is crucial for smooth business operations, especially for foreign inve
Jun 20, 20246 min read
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The more you give employment – The more you gain – Section 80JJAA
To foster employment in India, the Hon’ble Government of India has introduced section 80JJAA of the Income-tax Act, 1961 (‘the Act’).
Jun 3, 20245 min read
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GST Letter of Undertaking (LUT): A Complete Guide
Are you familiar with India’s essential export regulations? If you receive payments from abroad in foreign currency, you are exempt from...
Apr 26, 20243 min read
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Value of Supply under GST (Goods and Services Tax) Model Laws
Supply Definition: As per the Act, Supply means all forms of supply of goods or services, e.g., sale, transfer, barter exchange, lease, disp
Feb 21, 20247 min read
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Demystifying Tax Audits: Exploring Section 44AB of the Income Tax Act
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...
Nov 30, 20233 min read
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Section 194R: Tax Deductible on Perquisite or Benefit in Business
Introduction TDS(Tax Deducted at Source) under section 194R was introduced in the Union Budget 2022, and it was made effective from 1st...
Sep 25, 20232 min read
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How Payroll Services Can Help Your US Company Expand into Global Markets?
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...
Sep 5, 20233 min read
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Tax Implications on NRIs stranded due to Covid
As India imposed the world's biggest lockdown to non-residential Indians (NRIs), who had been visiting the country were unable to return...
Oct 13, 20213 min read
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