Latest Post and Updates

Mumbai, the financial capital of India, offers vast opportunities for aspiring entrepreneurs looking to start their business ideas in Mumbai. Mumbai provides an ideal environment for launching innovative business ideas. In this article, we deal with various business opportunities in Mumbai, including zero investment options, profitable ventures with low investment,…

The ITR 1 (Sahaj) form is a simplified income tax return form for individuals with salary, one residential property, and other sources of income with a total income of up to Rs. 50 lakhs. Its goal is to simplify the tax filing process for salaried individuals, retirees, and small taxpayers…

Employers include a portion of employees' salaries known as the House Rent Allowance (HRA) to help cover their rent bills. The Income Tax Act of 1961 allows for HRA tax deductions.  To pay for your living expenses while renting a house, an individual can apply for House Rent Allowance. They…

Changing circumstances and evolving business dynamics often require updates to the Limited Liability Partnership (LLP) agreement. An LLP agreement acts as a crucial document that governs the internal operations, rights, and responsibilities of partners, making it necessary to adapt to change for enhanced collaboration and streamlined decision-making. This article provides…

The legal structures play a vital role in determining how companies are established, governed, and taxed. In this Limited Liability Companies (LLC) and Limited Liability Partnerships (LLP) have gained significant popularity due to their flexible nature and liability protection. This article deals with the major distinctions between LLC and LLP…

The Rajasthan Shops and Establishment Act seeks to govern working conditions, employment, and other relevant issues in stores, commercial establishments, and residential hotels. It ensures that working hours, rest intervals, time beyond regulation, and the employment of young people are well regulated. The Act additionally includes regulations for workers' health,…

Understanding the complexity of the GST system is critical for both businesses and people. The GST refund is a system designed to reduce the burden of excess tax paid. Getting a GST refund for your business is crucial, especially when you're dealing with exports, dealing with inverted duty structures, or…

Non-resident Indians (NRIs) frequently experience difficulties in managing taxes in India. TDS is a common source of anxiety for NRIs because it requires deducting a set proportion of revenue at the source. This article deals with how can NRIs avoid TDS on income generated from India, TDS on NRI property,…

GST is an indirect tax levied on the supply of goods and services in India. GST has brought various sectors under a unified tax regime. This article deals with the applicability of GST on accommodation services supplied by the Air Force in India. Table of Contents Overview of GST Accommodation…

The validity of the sale deed ensures the legitimacy of the property transaction and protects both the buyer and seller's rights. Potential concerns such as fraud or disagreements can be avoided by thoroughly examining the legitimacy of the sale deed, resulting in a secure and transparent procedure for all parties…