Indian residents holding foreign assets are required to make specific disclosures in their Income Tax Return (ITR) filing, specifically in Schedule FA of ITR-2 or ITR-3. This applies to residents…
As of September in the current fiscal year, Micro, Small, and Medium Enterprises (MSMEs) accounted for 45.56% of India's exports, according to government data. Despite the overall growth in India's…
Finance Minister Nirmala Sitharaman emphasized the Finance Ministry's commitment not only to boosting GST revenue but also to bringing all business establishments within the GST framework. Speaking at the inauguration…
In 2024, small businesses are required to register with the Financial Crimes Enforcement Network (FinCEN) due to the Corporate Transparency Act passed in 2021. Aimed at uncovering shell companies and…
The initial public offering (IPO) of pencil manufacturer DOMS Industries witnessed rapid investor interest, getting fully subscribed within hours of opening and concluding with an impressive 5.71 times subscription. The…
The Delhi High Court has issued a final ultimatum to the Centre, granting it eight weeks to formulate a policy on the online sale of drugs. The court expressed dissatisfaction…
In a move to streamline the adjudication process, the Indian government is contemplating a request to the Supreme Court to consolidate all Goods and Services Tax (GST) online gaming cases…
In a significant funding round, Direct-to-Consumer (D2C) beauty and wellness startup Nat Habit has raised $10.2 million in a series B funding, with Bertelsmann India Investments (BII) leading the investment.…
Limited Liability Partnership (LLP) in India offers a streamlined and cost-effective business structure, providing partners with limited liability protection. Here's a step-by-step guide on how to register an LLP online:…
Insurance office building icon. Cartoon of insurance office building vector icon for web design isolated on white background Choosing the right term insurance plan can be daunting, but careful consideration…