Key NBFC Compliance Requirements (RBI) Registration and Capital NBFC Compliance Requirement Mandatory Registration: Every Non-Banking Financial Companies must obtain a Certificate of Registration (CoR) from RBI under Section 45-IA of the… Read More
Income Tax Communications for Non-Disclosure of Foreign Assets AY 2025-26 (FY 2024-25) In December 2025, the Income Tax Department issued emails, SMS alerts, and portal intimations to taxpayers regarding possible… Read More
TDS on Joint Development Agreements - Section 194-IC JDA is an agreement where a landowner allows development of property in exchange for constructed area and/or cash. Meaning of “Specified Agreement”… Read More
Goods and Services Tax Notices – Meaning & Practical Response Guide A Goods and Services Tax (GST) notice is an official communication issued by the GST department seeking clarification, additional information,… Read More
NRI Tax on Remittances from India (2025 Guide): Rules, TDS, Forms & Smart Tax Planning Millions of Non-Resident Indians remit money to India every year to support their parents, family… Read More
Capital Gain on Sale of Agricultural Land : Section 54B Section 54B offers exemption from capital gains tax when an individual or HUF sells agricultural land and reinvests the proceeds… Read More
NRI Taxation on Property Sale TDS compliance when property transactions involve NRIs, highlighting correct section applicability, buyer responsibility, Form 13 planning, & DTAA benefits. Which TDS Section Applies? Seller is… Read More
FAQs related with Liberalised Remittance Scheme (USD 2,50,000 per FY) Q1. What is the Liberalised Remittance Scheme of USD 2,50,000? Ans .: Under the Liberalised Remittance Scheme, resident individuals, including… Read More
Legal Framework Related to Acquisition & Transfer of Immovable Property in India Acquisition & Transfer of Immovable Property in India is Governed by Section 6(3), (4), (5) of FEMA, 1999.… Read More
Tax Implications on NRIs Receiving Gifts in India This article is for informational purposes only and does not constitute professional advice. Readers are advised to consult a tax expert before… Read More