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With the spate of bank failures in independent India putting the depositors' money at risk, India passed DICGC Act in 1961 through which the Deposit Insurance & Credit Guarantee Corporation of India came into existence.
The Government of India launched an initiative named "Startup India" in January 2016 with the aim of encouraging and promoting entrepreneurship in India as a whole. The goals of the scheme are aimed at creating jobs, encouraging innovation, and developing an environment that supports growth of startups
here is a lot of confusion in the industry with regard to credit eligibility of HVAC system and lift and hence the author has tried to examine the eligibility of input tax credit on such goods in this article.
In this comprehensive guide, we unveil the strategies that define our approach and empower businesses to navigate the complexities of taxation seamlessly.
As we all are aware the first step for computing tax liability of an assessee is determination of residential status which can be either Resident or Non-resident & according to which one can find the taxable income as it is important to declare residential status.
FEMA does not define the term 'immovable property. In general, the term will include all types of immovable property residential, commercial, industrial or agricultural property.
In a recent case, Swing Infraspace P. Ltd. found itself in the crosshairs of the Income Tax authorities concerning the allowability of certain expenses under Section 37(1) of the Income Tax Act, 1961.
Certified Financial Planner (CFP) is a worldwide recognized certification in the area of financial planning. It comprises roughly 213,000 CFP professionals and ..
Department's interest meter on refunds keeps ticking after 60 days of application... if taxpayer wins in appellate proceedings
Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance