In the scenario where pledged jewelry is auctioned by the bank to recover outstanding loan amounts, it's essential to note that long-term capital gains (LTCG) may arise for your wife.…
The Central Board of Direct Taxes (CBDT) recently introduced significant amendments to Rule 11UA through Notification No. 81/2023, impacting the valuation procedures for investments in closely held companies. These changes,…
Burn house, flaming building. Insurance agent and customer flat characters. Fire insurance, fire economic losses, protect your property concept. Bright vibrant violet vector isolated illustration Expanding the adoption of fire…
In a significant move, Delhi Chief Minister Arvind Kejriwal has granted approval for an additional 83 shops and commercial establishments in the city to operate round the clock. Pending approval…
Family insurance - cartoon people standing near giant contract document with text under big umbrella. Parents and children protection - flat isolated vector illustration. High net-worth individuals (HNIs) in India…
The Government eMarketplace (GeM) has witnessed a remarkable surge in services procurement, reflecting an impressive 7.7x growth in transaction value from FY21 to FY23. The commerce ministry reports a substantial…
In a significant move, the government has amended the Prevention of Money Laundering Act (PMLA) to broaden its scope, now encompassing individuals serving as formation agents for companies and Limited…
Introduction to the Franchise Agreement: A Binding Commitment As you wrap up Discovery Day, captivated by the franchise opportunity, the franchisor presents the crucial document sealing the deal—the franchise agreement.…
Zomato and Swiggy, leading food delivery platforms, have reportedly been slapped with a hefty Rs 500 crore GST each amid an ongoing dispute with tax officers over the classification of…
The Telecom Regulatory Authority of India (TRAI) has extended the deadline for submitting comments on the Consultation Paper titled 'Encouraging R&D in Telecom, Broadcasting, and IT (ICT) Sectors.' Initially released…