Compliance

Madras HC Rules: No Double Penalty for GST Late Filers! The Madras High Court recently delivered a crucial judgment regarding the applicability of late feesand general penalties under the Tamil…

Breaking Down Gratuity in CTC: A Guide for Employees Introduction When an employer extends a job offer, the salary structure often includes several components, one of which is gratuity. Many…

Startup Tax Relief: Key Timelines & Eligibility Under Section 80-IAC Startups play a crucial role in driving innovation and economic growth. To encourage entrepreneurship, the Indian government provides tax benefits…

Big Audit Firms Under Fire: NFRA Cracks Down on Financial Oversight! The National Financial Reporting Authority (NFRA) is set to intensify its oversight of audit firms, particularly those handling multiple…

India’s Economic Growth: Second Advance Estimates for FY 2024-25 SECOND ADVANCE ESTIMATES OF ANNUAL GROSS DOMESTIC PRODUCT FOR 2024-25, QUARTERLY ESTIMATES OF GROSS DOMESTIC PRODUCT FOR THE THIRD QUARTER (OCTOBER-DECEMBER)…

Advance Ruling vs. Tax Investigation: Bombay High Court’s Verdict on Safset Agencies’ Petition Introduction In a significant ruling, the Bombay High Court recently refused to interfere with a Show Cause…

Non-Supply of Arrest Grounds Does Not Invalidate Arrests Made Before October 3, 2023: Punjab and Haryana High Court’s Landmark Judgment Introduction: Facts and Issues of the Case In a pivotal…