Simplified Laws

Setting up Business

Registration of Proprietorship Concern (Proprietary Firm)
July 1, 2015 2 4,994
How many persons are required to start a proprietary concern? …
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Setting up of Private Limited Company
July 1, 2015 1 2,746
Various options available to set up a business in India.
July 1, 2015 0 1,081

Business

A story of massive discounts, investments, and IPO
1 week ago 0 208
We love discounts, freebies, and gift hampers. Yes or No? …
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The basics of RoDTEP Scheme
August 23, 2021 0 253
Unicorns in India
July 20, 2021 1 420

Income Tax

Changes in the Tax Rules for Provident Fund Contributions

4 weeks ago

Should NRI’s file tax returns in India?

July 12, 2021

Is the prize money received in a game show or a lucky draw taxable?

July 10, 2021

Is the compensation received by the family members of the deceased due to Covid taxable?

July 5, 2021

GST

Margin of Error – A GST Case Study
February 13, 2021 2 305
Ms. Rakshitha gets her Board exam results, with a score …
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Features of e- way bill under Karnataka GST Act
July 11, 2017 0 7,912
Registration Process under GST
July 8, 2017 0 2,413
About e-way bill or m-way bill for movement of goods in Karnataka
July 6, 2017 2 8,711
FAQ on applicability of GST on Traders
July 6, 2017 0 1,195

FAQs

Should NRIs declare their Assets and Liabilities held in India in the Income Tax Return?

May 24, 2021

Should NRI’s declare their foreign assets in their Indian Tax Returns?

May 15, 2021

You may get a message like this from the Tax department. What does this mean?

March 12, 2021

Why is Profession Tax so low when compared to the other taxes?

January 6, 2021

FAQ on filing IT return for FY 2019-20

December 17, 2020

Benami is a familiar term. We, the middle-class Indians are born cursing politicians and bureaucrats who own Benami properties, isn’t it? It’s time to know more about Mr. Benamidar, the different shades of Benami Transactions as per The Prohibition of Benami Property Transactions Act! Benami covers both movable and immovable …

The basics of RoDTEP Scheme

August 23, 2021 0 253

RoDTEP stands for Remission of Duties and Taxes on Exported Products. It is a benefit scheme for exporters. Are you an exporter of Goods from India? If YES, are you in the pharmaceuticals, chemical, steel, or textile industries? If you are an exporter (around 8555 tariff items), but not in …

Want to know more about Nominee and his rights? Spare 3 minutes to read this

July 31, 2021 0 1,019

Mr. Ramakrishna aged 52 years, expired in June this year due to Covid. He is survived by his wife, 2 kids (one of them is over 18 years), and aged parents. He has left an Insurance Policy of Rs.2 Crores, Bank Deposits worth Rs.75 Lakhs, Mutual Funds and Shares worth …

Who has to declare Assets and Liabilities held in India in the Income Tax Return? Those taxpayers in…

Who has to declare Foreign Assets in Indian Tax Returns? The details of Foreign Assets and Income f…

This is a hot subject which requires your attention, please! Section 139AA of the Income Tax Act mak…

Mr.Sanjay purchased shares of a company, which was later barred from trading, almost seven years ago…

Mr. Vasudev owns 2 flats, one in Basavanagudi and another one at Sanjaynagar. He is staying at Basav…

A notification is published in the Official Gazette by the Government in exercise of the power deriv…

If you observe the Acts, usually (there are a few exceptions), Section 2 is about Definitions and th…

As per the amendment in PMLA rules by the Government, all bank accounts should be linked with Aadhaa…

Why PPF find a place in the investment portfolio of every investor? Simple, the investment in PPF is…

Here is a live case! I just finished a call with Mr.Amar, an NRI staying in USA. I understood from h…

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