Section 149(3) requires one director resident in India for 182 days; Section 161(3) governs investor and lender nominees. What each means, the duties that cannot be contracted away, the real liability, and the appointment process.
Minimum Alternative Tax is payable under the Income Tax Act. The concept of MAT was introduced to target those companies that make huge profits and pay the dividend to their shareholders but pay no/minimal tax under…..
The complete notified Cost Inflation Index table from base year 2001-02 to FY 2026-27, plus what the 23 July 2024 withdrawal of indexation means and who can still use the index.
Depreciation under the Income Tax Act is a deduction allowed for the decline in the real value of a tangible or intangible asset used by a taxpayer. The Income Tax Department uses the concept of depreciation for the purpose of writing off the cost of an asset over its useful life.
E-copies of your driving license and vehicle registration certificates kept in DigiLocker are now treated as valid documents. If you break a traffic rule, there is no need of physical seizure of such documents.
Everything you need before you file, arranged by source of income: salary, house property, capital gains, business, foreign income and old-regime deductions. Updated for return filing under Section 263 of the Income-tax Act, 2025.
GST composition scheme explained: who is eligible, who is barred, how to opt in or out, quarterly returns, invoicing rules and when it is worth it.
Convert a proprietorship into a private limited company: takeover agreement, documents, step-by-step process, tax exemption conditions and GST migration.
Producer Company registration in India: who can form an FPO, permitted objects, documents, step-by-step process, cost and annual compliance.
PF and ESI registration for employers explained — who must register, headcount and wage thresholds, documents, the Shram Suvidha process and ongoing filings.