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The Ministry of Corporate Affairs vide its notification dated 26 December 2016 has notified sections 248 to 252 of the Companies Act, 2013 dealing with the removal of the name of the company from the register of companies.

The Central Government announced key amendments to Foreign Exchange Management (Non-debt Instruments) Rules, 2019, which will come into effect from 16 August 2024.

Wish you all a Happy New year! Value creation from data will be one of the central business themes for this decade and ultimately, it is all about data

The due date for filing Form GSTR-1, GSTR-3B and GSTR-7 for May 2023 has been extended to 30 June 2023 for a person whose Principal Place of business is situated in Manipur.

On 31 December 2016, Prime Minister Narendra Modi shared a statistic that sparked curiosity amongst many – only 2.4 million people in India report a taxable income of more than INR 1 million.

Post implementation of Goods and Services Tax (GST), the government continues to make necessary interventions in key areas to ease the pain of taxpayers.

The 37th GST Council meeting is scheduled to be held in Goa on 20 September 2019.

The COVID-19 pandemic is severely affecting businesses across the country. In view of this, Finance Minister Nirmala Sitharaman announced a slew of measures to ease the GST compliance burden on businesses.

The Goods and Services Tax (GST) regime was implemented with the primary aim of simplifying the taxation system. However, despite concerted efforts by authorities to achieve...

The 26th GST Council meeting was held in New Delhi today and contrary to the expectations of key decisions being announced on simplification of returns and e-Way Bills, only a few procedural decisions...

A recent news report about the government planning to launch a facility to generate ‘electronic invoice,' i.e., e-invoice with the objective to curb tax evasion gathered a lot of attention.

The government has continued with its efforts to minimise the difficulties faced by businesses under the GST regime by issuing clarifications and activating the dormant provisions.

The Central Board of Direct Taxes (CBDT) had constituted a committee to deal with Grievances of Taxpayer's on High-Pitched Assessments way back in 2015.

Evolving Transfer Pricing Regulations in India

For years, the legal function has relied on deep expertise, institutional knowledge, and manual effort. However, as contract volumes grow and deal cycles tighten, that traditional approach is no longer sustainable.

The inaugural year of Economic Substance Regulations (Regulation) in UAE is proving to be a testing time for most businesses across the UAE.

The Federal Tax Authority (FTA) has issued a comprehensive guide on "Determination of Taxable Income," which provides an overview of the adjustments required to be made to the accounting...