Uncategorized Archives - Blog | Chartered Accountant in India

June 26, 2024 / Uncategorized

Cost Contribution Arrangements (CCAs): A Comprehensive Guide

In today’s globalized economy, businesses often operate internationally, leveraging resources, expertise, and market opportunities across borders. To manage costs effectively and comply with international tax regulations, multinational enterprises (MNEs) need robust financial and operational strategies. One such strategy is the Cost Contribution Arrangement (CCA). This guide will explore the concept of CCAs, their benefits, implementation, …

June 14, 2024 / Business

Exemption for IT and ITeS Establishments in Telangana: Detailed Analysis and Implications

Introduction In an era where technology-driven businesses are the backbone of economic growth, ensuring the right balance between regulatory compliance and operational flexibility is crucial. Recognizing the dynamic nature of Information Technology Enabled Services (ITES) and Information Technology (IT) establishments, the Government of Telangana has decided to extend certain exemptions to these sectors. This blog …

June 14, 2024 / Business

Navigating the New Regulatory Landscape for Virtual Digital Assets in India: A Comprehensive Guide to Compliance with FIU-IND and PMLA

In recent years, India has witnessed a surge in entities offering services related to Virtual Digital Assets (VDAs). This phenomenon, previously unregulated, underwent a significant transformation with the issuance of a crucial notification by the Ministry of Finance on March 7, 2023. This notification marked the inclusion of VDAs under the purview of the Prevention …

May 20, 2024 / Uncategorized

Tax Reduction Strategies for High-Income Earners in India: Navigating the Old and New Regimes (2024)

In India, the prospect of earning a high income brings with it the promise of financial stability and the pursuit of dreams. However, it also ushers in a significant tax liability, especially with the country’s progressive tax system. As individuals climb the income ladder and find themselves in higher tax brackets, the need for strategic …

March 12, 2024 / Uncategorized

Section 49 Amendments through Budget 2022

The Finance Bill, 2022, brings numerous revisions to GST law, customs, and central excise. Section 49 of the CGST Act is a significant section that deals with the payment of taxes and other liabilities. As well other amendments of this section has also been subject to changes, and these amendments will take effect from a …

March 12, 2024 / Uncategorized

Itax Order for TDS TCS Nil and Lower Deduction Certificates

March 12, 2024 / Uncategorized

What is GSTR-9?

Hello, during this post we’ll discuss all relating to GSTR-9 or the GST annual come back. Meaning, differing kinds, maturity and GSTR nine format or the main points. Also, we’ve got given a downloadable PDF of GSTR- nine format. scan the complete post to understand additional. Meaning of GSTR nine GSTR nine is that the …

March 12, 2024 / Uncategorized

Wholly Owned subsidiary in India by foreign company

Wholly owned subsidiary in India by the foreign company via the FDI Route is that the simplest way to enter into Indian Markets, Foreign Direct Investment Rules in {India|India|Republic of India|Bharat|Asian country|Asian nation} ar a lot of liberalized and it’s terribly straightforward to open a wholly owned Subsidiary in India by a foreign company India …