Category: blog

In a move aimed at easing the tax burden on real estate transactions, the government has introduced an amendment to the Long-Term Capital Gains (LTCG) regime. This change brings significant relief for taxpayers dealing with the taxation of immovable property, allowing for a more flexible approach to calculating capital gains. KEY PROVISIONS OF THE AMENDMENT:… Continue reading AMENDMENT TO PROVIDE RELIEF FOR REAL ESTATE UNDER LTCG REGIME

The Ministry of Corporate Affairs (MCA), Government of India, has announced significant amendments to the Companies (Appointment and Qualification of Directors) Rules, 2014. The new regulations, encapsulated in the Companies (Appointment and Qualification of Directors) (Amendment) Rules, 2024, introduce an important update for company directors. Key Changes in DIR-3 KYC Form Effective from 1st August… Continue reading DIR-3 KYC Form Update: New Rules for Company Directors 2024

The Government of Bihar has unveiled the Bihar IT Policy 2024, aimed at transforming the state into a thriving hub for IT, IT-enabled Services (ITeS), and Electronics System Design and Manufacturing (ESDM) sectors. This policy is designed to foster investment, generate employment, and accelerate overall development within these sectors and data centers. Best-in-Class Fiscal Incentives… Continue reading Bihar IT Policy 2024: Boosting Investment, Employment, and Development

India’s legal landscape is undergoing significant changes with the implementation of new criminal laws set to take effect on July 1, 2024. These laws introduce a range of measures aimed at improving the efficiency, transparency, and fairness of the criminal justice system. Here are some of the key highlights: Reporting Incidents and Filing FIRs Gone… Continue reading Understanding India’s New Criminal Laws: Key Highlights

Step-by-Step Guide to Registering Your Startup Under the Startup India Scheme What is the Startup India Scheme? The Startup India Scheme is an initiative by the Government of India aimed at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive to the growth of startups. Launched in January 2016, this scheme provides… Continue reading STARTUP INDIA REGISTRATION-START WITH LAWTECH

Streamlined Payroll Solutions for Hassle-Free Management Managing payroll can be a complex and time-consuming task for any business. Our comprehensive payroll services are designed to simplify this process, ensuring accurate and timely payments while complying with all regulatory requirements. We offer a full suite of payroll solutions, including Provident Fund (PF) and Employee State Insurance… Continue reading Best Payroll Consultant for Your Business

As the deadline for filing Income Tax Returns (ITR) approaches, it’s crucial to ensure your taxes are filed correctly and on time. Filing your ITR before the 31st July 2024 deadline can help you avoid penalties and interest, and also enables you to claim refunds if any. Here’s a comprehensive guide to help you through… Continue reading GUIDE TO FILING YOUR INCOME TAX RETURN (ITR) BEFORE 31ST JULY 2024

The Bombay High Court recently underscored the importance of vigilance in legal proceedings, dismissing an application to condone a delay of 5,193 days in filing a review petition. The case involved an application by Maniben Chandrakant Dalal, who sought to challenge an order from October 3, 2001. Justice Abhay Ahuja, in his ruling earlier this… Continue reading LAW FAVORS THE VIGILANT, NOT THE SLEEPY: BOMBAY HIGH COURT RULING

In a significant judgment, the Allahabad High Court has ruled that the Registration Of Wills Is Not Mandatory In Uttar Pradesh, overturning a crucial provision enacted by the state government on August 23, 2004. This landmark decision, delivered in response to a petition filed by Pramila Tiwari, sheds light on the intricacies of testamentary law… Continue reading LANDMARK RULING: ALLAHABAD HIGH COURT INVALIDATES MANDATORY WILL REGISTRATION IN UTTAR PRADESH