The establishment of educational trusts, also known as educational foundation, stands as a testament to the commitment towards cultivating a society where knowledge knows no bounds....
The sequential process given above for securing trust registration under the Indian Trust Act, 1882 ensures legal acknowledgment and alignment with the Act....
It has brought sections 115BA, 115BAA and 115 BAB in the Income Tax Act that are brought forth to attract corporate investment in manufacturing besides relieving the tax system of domestic companies....
A tax audit is the process of analyzing and verifying a company's or professional's financial and accounting documents, balance sheet.It gives the information about income, costs, taxes, and deductions....
A Stamp duty is imposed on the legal papers necessary to have a transaction validated, for example, when selling shares and transferring properties....
Most of India’s top taxpayers include corporate entities and individuals who contribute to the most beneficial economic growth and other forms of development....
The Permanent Account Number, or PAN, is one of the most important documents of every individual as well as every entity that makes financial transactions in India. One can get this by applying for the same through the Income Tax Department....
The income that comes from profit and gains from the business i.e PGBP is the earnings generated by the other professional services. The revenue is made from trading, manufacturing, providing services, and further engaging in other commercial fields where one can profit....