Tax Deducted at Source (TDS) is a system established by the Income Tax Department of India. It requires the payer, when making certain types of
A Company Secretary (CS) is a crucial managerial personnel within a company, responsible for overseeing compliance and legal matters. The Institute of Company Secretaries of
The construction industry in India is booming due to the country’s rapid development and demand for new infrastructure. Many businesses are involved in demolishing old
The Memorandum of Association (MOA) is a fundamental legal document that outlines the company’s constitution and serves as the blueprint for its structure. Often referred
The Limited Liability Partnership (LLP) structure has gained significant popularity among entrepreneurs in India due to its unique combination of the benefits of both partnership
The Ministry of Corporate Affairs (MCA) operates a government portal that holds comprehensive information on all companies and Limited Liability Partnerships (LLPs) registered in India.
Under GST, Tax Deducted at Source (TDS) must be deducted at a rate of 2% on payments made to suppliers of taxable goods and/or services
Under the Income Tax Act, 1961, individuals can be classified into one of three residential statuses: resident, non-resident Indian (NRI), or resident but not ordinarily
When buying or selling a property in India, taxes are a crucial aspect to consider. One such tax is the TDS (Tax Deducted at Source)
India’s Income Tax Act provides various tax deductions to cut down the taxable income for individuals and businesses. Section 80JJA of the Income Tax Act,
