India’s markets regulator has renewed calls for integrating fractional shares into company law, potentially transforming accessibility and liquidity in the stock market for retail investors, amid ongoing policy discussions. India’s markets regulator has asked the Ministry of Corporate Affairs to…
The Delhi High Court has ruled that education support services provided by an Indian firm to foreign universities are classified as exports of services, paving the way for a ₹2.63 crore IGST refund and setting a precedent for similar cases.…
The tax treatment of inherited agricultural land in India depends on its location, usage, and applicable exemptions, with recent guidance highlighting the importance of understanding specific legal provisions for long-term gains. Whether inherited agricultural land attracts tax when sold depends…
As the income tax return deadline approaches, Indian freelancers face common pitfalls , from form mismatches to overlooked obligations , that can lead to delays, audits, or penalties. Experts warn that early, careful filing is vital to avoid costly mistakes…
The Goods and Services Tax Appellate Tribunal has started addressing its mounting caseload, with claims exceeding 75,000 and recent judicial clarifications boosting confidence among taxpayers and advisors amidst ongoing technical challenges. The Goods and Services Tax Appellate Tribunal has begun…
Borrowers in India are urged to look beyond advertised interest rates, as additional charges like processing fees, legal checks, and levies significantly increase the true cost of home loans. Experts recommend scrutinising comprehensive cost disclosures to make informed borrowing decisions.…
The Income Tax Appellate Tribunal nullified a ₹2 crore tax demand linked to a Delhi property deal, emphasising the need for properly authenticated electronic evidence and clear chain of custody in high-value transactions. The Income Tax Appellate Tribunal has set…
Salaried workers with side businesses must report income distinctly, with different tax rules applying to profit and salary, impacting filings and GST obligations. Salaried workers who also earn from a side venture need to treat the two income streams separately…
With rising comparisons highlighting the superior long-term potential of systematic investment plans over recurring deposits, Indian savers must reconsider their traditional safety net for wealth growth and preservation. For millions of salaried Indians, the monthly decision comes down to two…
India’s securities regulator unveils a new draft framework to curb deceptive promotions on online bond platforms, aiming for clearer investor disclosures and banning misleading phrases like ‘high returns’. India’s markets regulator has proposed a tougher advertising code for online bond…
New regulations in India require medical professionals with higher income levels to maintain detailed daily records under Form 25, aiming to curb revenue leakage and bolster income transparency while affecting a select group of practitioners. Medical practitioners in India will…
Rules change sharply for Indian savers who give up Indian citizenship, with accounts deemed closed retroactively and interest rates falling from PPF to Post Office Savings Account levels, impacting long-term investors’ benefits. An Indian saver who later becomes a non-resident…
