Form ADT-1 for Appointment of Auditor: Due Date, Filing & Late Fees
Form ADT-1 for Appointment of Auditor: Due Date, Filing & Late Fees After the conclusion of the Annual General Meeting (AGM), every company is required to inform the Registrar of…
Annual Filings for Limited Liability Partnership (LLP)
Annual Filings for Limited Liability Partnership (LLP) A Limited Liability Partnership (LLP) must complete periodic filings to remain compliant and avoid substantial penalties under the law. Although LLPs are subject…
LLP Turnover Limits and Annual Tax Audit Requirements in India
LLP Turnover Limits and Annual Tax Audit Requirements in India Many LLPs are often unaware of the compliance obligations or turnover thresholds applicable to them, and that’s completely understandable. Our…
Long‑Term Capital Gains Tax – Full Guide
Long‑Term Capital Gains Tax – Full Guide Investing is crucial for everyone, particularly young adults, as people continually look for opportunities that yield long-term returns. To make well-informed investment decisions,…
12A & 80G Registration for Non-Profit Organisations
12A & 80G Registration for Non-Profit Organisations Non-profit organizations need registration under Section 12A and Section 80G of the Income Tax Act to avail tax exemptions. These registrations are essential…
Guide to 80G Registration
Guide to 80G Registration An NGO can claim income tax exemptions by completing the required registrations and meeting compliance norms. However, this exemption alone does not offer any tax benefit…
Merchant Navy Workers Taxation in India
Merchant Navy Workers Taxation in India Similar to other Indian citizens, seafarers or merchant navy professionals are governed by Indian income tax laws. However, their tax liability primarily depends on…
Easy Guide to e-Notices and Their 6 Types Under Income Tax
Easy Guide to e-Notices and Their 6 Types Under Income Tax With the advancement of technology, most communications from the Income Tax (IT) Department are now sent to the taxpayer’s…
Sovereign Gold Bonds (SGB) Taxation
Understanding the taxation of Sovereign Gold Bonds (SGBs) is important for investors who want to optimise returns from gold investments. Issued by the Reserve Bank of India, SGBs are a…
NRIs in Singapore: How to Avoid Capital Gains Tax on Indian Mutual Funds through the India–Singapore Tax Treaty
NRIs in Singapore: How to Avoid Capital Gains Tax on Indian Mutual Funds through the India–Singapore Tax TreatyIf you're an NRI living in Singapore and have invested in Indian mutual…
Overseas Direct Investment (ODI)
Overseas Direct Investment (ODI)With India’s growing economy, more Indian companies are venturing into international markets. These global investments are governed by the Foreign Exchange Management Act (FEMA). A critical component…
Tax on Consultancy Services: Applicability, Tax Rate, and Key Insights
Tax on Consultancy Services: Applicability, Tax Rate, and Key InsightsWho Qualifies as a Consultant? Although the Income Tax Act, 1961 does not directly define the term “Consultant,” the services rendered by…
Why is ROC Filing Important
Why is ROC Filing Important?ROC filing refers to the process of submitting various statutory documents and returns to the Registrar of Companies. Every company incorporated in India is legally obligated…
How to Register an LLP in Ahmedabad
How to Register an LLP in AhmedabadAhmedabad, the economic powerhouse of Gujarat, offers an ideal setting for establishing a Limited Liability Partnership (LLP). Thanks to its dynamic economy and pro-business…