India’s Goods and Services Tax (GST) system was launched with the intent to streamline taxation and foster ease of doing business. Yet, for small and medium enterprises (SMEs), navigating the complex GST regime has presented a host of compliance hurdles. With limited resources, evolving rules, and tight margins, SMEs often find themselves struggling to meet …
Mergers and acquisitions (M&A) are not just strategic decisions; they are transformative milestones that shape the future of companies involved. However, behind every successful M&A lies a detailed and often complex process known as due diligence. In 2025, as regulatory frameworks tighten and market dynamics shift rapidly, due diligence has evolved into a comprehensive, multi-dimensional …
Introduction: Why 2025 Tax Audits Are Under Increased Scrutiny The landscape of tax audits in India is becoming increasingly stringent with the rollout of enhanced digital tracking, automation, and new compliance requirements. The financial year 2024-25 marks a significant shift, with the Income Tax Department ramping up surveillance and refining audit mechanisms to catch discrepancies …
India’s defense policy has undergone a significant transformation in the 21st century. What was once centered around self-reliance and indigenization has now evolved into a holistic model that blends indigenous innovation with global partnerships. This shift is vital in today’s complex geopolitical landscape, where emerging technologies and international threats demand collaborative and forward-looking defense strategies. …
A Smart Investment for Your Golden Years Introduction Retirement is a phase of life meant for peace and financial independence—not for worrying about money. In India, where there is limited government-sponsored pension support, planning for retirement on your own becomes essential. The National Pension Scheme (NPS) is a well-designed, government-backed initiative to meet this need. …
While you might not come across the Income Tax Clearance Certificate (ITCC) every day, it plays a crucial role in certain financial and legal situations in India. Think of it as proof that you’re on top of your tax obligations, showing the authorities that you’ve cleared your dues with the Indian Income Tax Department. Let’s …
Starting a business is an exciting venture, but the company registration process can be fraught with challenges. Entrepreneurs often face several pitfalls that can lead to delays, penalties, or legal complications. This guide highlights ten common mistakes made during company registration and provides actionable strategies to help you avoid them. 1. Choosing the Wrong Business …
In the corporate world, both ROC-Initiated Strike-Off and Compulsory Winding Up are legal processes that lead to the dissolution of a Limited Liability Partnership (LLP). However, these two processes are distinct in their nature, initiation, and procedures. 1. ROC-Initiated Strike-Off (LLP): A strike-off refers to the removal of an LLP’s name from the Register of …
The Real Estate Regulatory Authority (RERA), established under the Real Estate (Regulation and Development) Act of 2016, aims to safeguard home buyers and boost investments in India’s real estate sector. Passed by the Rajya Sabha on March 10, 2016, and effective from May 1, 2016, RERA seeks to bring transparency, accountability, and consumer protection to …
The Ministry of Corporate Affairs (MCA) has introduced significant amendments to the Limited Liability Partnership (LLP) Rules through the Limited Liability Partnership (Amendment) Rules, 2024, which came into effect on August 27, 2024. These changes primarily impact the filing processes and the role of the Centre for Processing Accelerated Corporate Exit (C-PACE), an initiative launched …