Introduction: In today’s competitive business landscape, protecting your brand identity is crucial for long-term success. Trademark registration provides the legal framework to safeguard your intellectual property rights and establish a unique brand presence. In India, the process of trademark registration is governed by the Trade Marks Act, of 1999, and administered by the Office of …
Have you ever wondered how the accurate worth of a company or asset is determined? The answer lies in obtaining a Valuation Certificate. Let’s explore the intricate world of valuation and understand its significance within the Indian context. What is a Valuation Certificate?In simple terms, a Valuation Certificate is a document that establishes the worth …
In India, for the purpose of income tax, there is “Pay as you earn scheme”. As per such scheme, every person is required to pay tax through TDS/ TCS and advance tax, during the year only, in which the income has been earned. The rates of TDS are pre-determined and specified in the Income Tax …
Can you imagine a situation, when even before receiving your hard earned money in your bank account, government demands tax on such income twice the amount for which you are actually liable? Yes, such a situation can happen when you are having your income from outside India, where you might be required to pay tax …
Goods and service tax is a major factor which has a potential to cover the economic base of the country along with its sidelines also India is not just one of the biggest performing nations for generics however, additionally encountering a blast in remedial tourism which creates extra returns for the Healthcare Industry. India’s Pharmaceutical Industry as of …
The Finance Bill 2022 has proposed two completely new TDS sections, 194R and 194S, in the Income Tax Act, to be made effective from 1.7.2022. Looking at the swift pace, with which the new TDS sections, are being inserted by the Legislature, year after year, in Chapter XVIIB of the Income Tax Act, 1961, it …
As of now the LLP Services have been discontinued on V2 portal and have been migrated to Version 3 (V3) portal. V3 is an enhanced version of the V2 portal and is presently live only for LLP’s. The V3 portal presently enables the following for LLP’s. -Login & user Registration DSC Association -LLP Form Filing …
The Finance Act, 2022 substituted subsection (4) and (5) of section 12AB with a new subsection (4) which provides a list of ‘Specified Violation‘ if undertaken by the assessee registered or provisionally registered under section 12AB, the Principal Commissioner or Commissioner may cancel the registration so taken by the assessee. Similar amendment has also been …
When we talk about related party or RPT (Related Party Transactions) or any law relating to it, there are multiple authoritative guidance which talk about related party, Related party transaction and their disclosures. We all know SEBI is harsh towards related party compliances because related party compliances are the compliances where transactions are being controlled …
There has been a lot of confusion between the meaning of salary and payroll. Many people uses the terms “Salary” and “Payroll” interchangeably. However, there is a considerable difference between the two. Salary refers to the amount to which the employee is entitled, in lieu of providing its services. On the other hand, payroll is …