MCA Changes in Indian Company formation- 2026 A series of reforms measures put forth by the Ministry of Corporate Affairs are anticipated to drastically alter India’s business formation environment. These steps are intended to streamline processes, lessen the burden of compliance, and improve the convenience of conducting business across industries. Impact on Businesses due to …
Complete Guide to Reverse Charge Mechanism (RCM) under GST Under Goods and Services, tax is generally paid by the supplier…But in specified cases, the recipient becomes liable. This is called the reverse charge mechanism. Mismanaging the reverse charge mechanism is one of the top reasons for Goods and services notices & Input tax credit disputes. …
Allowances & Perquisites under Income‑tax Rules, 2026 for OLD tax regime The Income‑Tax Rules, 2026, notified by the Central Board of Direct Taxes and effective from 1 April 2026, do introduce major revisions in the valuation and exemption limits of certain allowances and perquisites, mainly under the OLD tax regime. Central Board of Direct Taxes …
GST Implications on Sale of Old Vehicles vis‑à‑vis Sale of Other Used Capital Goods Some Tamil Nadu AAR judgments that a business must pay Goods and Services Tax on the entire transaction value while selling an outdated car have sparked a lot of debate. This interpretation, in my opinion, is inaccurate and lacking, especially when …
Major Changes Proposed & Impact of Corporate Laws (Amendment) Bill, 2026 A major reform initiative, the Corporate Laws (Amendment) Bill, 2026, aims to strengthen regulatory accountability, facilitate a digital-first corporate governance structure, and improve ease of doing business. The government’s ongoing transition from punitive regulation to compliance-based, technology-driven oversight is reflected in the bill. Objective …
Product brand value with artificial intelligence video editing tool. What’s an artificial intelligence video editing tool? An artificial intelligence video editing tool uses artificial intelligence to automatically enhance and edit your video content. It can handle simple tasks like trimming clips and adding transitions, as well as more advanced functions such as generating subtitles, replacing …
How to Secure Ideal NRI FD Rates Online in 2026 Fixed Deposits (FDs) have been a popular investment option for it offers safer and predetermined (probably) returns. Even for Non-Resident Indians (NRIs) who want stable and comparatively risk-free returns, FDs remain a reliable option. In India, an NRE account is held in Indian Rupees and …
LIST OF GOODS FOR WHICH E‑WAY BILL IS NOT REQUIRED Goods Exempt from E-Way Bill (Rule 138(14) – GST) GST‑exempt goods listed under the Schedule that are fully exempt from E‑Way Bill requirements, regardless of value limits (As per Schedule under Rule 138(14); -A waybill is not required for essential, unprocessed, and socially sensitive goods, …
Exemption limit under Long-Term Capital Gains computation in 115BAC Vs Classic 112 Income tax Basic Exemption Limit Under Income Tax Law Becomes INR 2,50,000/- When Indexed Long-Term Capital Gains Is Chosen (Even in New Regime u/s 115BAC) : The “higher basic exemption limit of INR 3,00,000/- or INR 4,00,000/-” under the new regime does not …
Top Reasons Why Startups Prefer the Pvt. Ltd. Company structure Starting a business is exciting—but one of the first and most important decisions founders face is which business structure should they choose. Choosing the appropriate business structure is one of the most important choices founders must make as they start their entrepreneurial journey. Proprietorship, partnership …