February 2025

Section 35O – Wealth-Tax Act, 1957

Presumption as to culpable mental state (1) In any prosecution for any offence under this Act which requires a culpable mental state on the part of the accused, the court shall presume the existence of such mental state but it shall be a defence for the accused to prove the fact that he had no […]

Section 35N – Wealth-Tax Act, 1957

Presumption as to books of account, etc., in certain cases (1) Where during the course of any search made under section 37A, any books of account or other documents, articles or things including money have been found in the possession or control of any person and such books of account or other documents are tendered,

Section 35M – Wealth-Tax Act, 1957

Section 360 of the Code of Criminal Procedure, 1973, and the Probation of Offenders Act, 1958, not to apply. Nothing contained in section 3606 of the Code of Criminal Procedure, 1973 (2 of 1974), or in the Probation of Offenders Act, 1958 (20 of 1958), shall apply to a person convicted of an offence under this

Motel Approval

Motel Approval

A motel is a segment of the hospitality sector that provides budget accommodation primarily for road travelers. Motels cater to the needs of these travelers by offering essential facilities and services, often located along highways or major roads. The concept of motels is integral to tourism as they offer convenient lodging for people traveling by car, allowing

Rajiv Gandhi Swavlamban Rojgar Yojna

Rajiv Gandhi Swavlamban Rojgar Yojna

“Rajiv Gandhi Swavlamban Rozgar Yojna” has been designed, developed, and promoted by the Delhi Khadi & Village Industries Board, with the help of the Government of NCT of Delhi, to provide employment opportunities to the unemployed youths, artisans, trained professionals, skilled technocrats and entrepreneurs by promotion/expansion of permissible industries, professions, tertiary and service sector in

Startup India initiative

Startup India initiative

The Startup India initiative was launched by the Government of India on January 16, 2016, to promote entrepreneurship and innovation in the country. It aims to create a strong ecosystem for startups, helping them grow through financial support, tax benefits, and regulatory ease.The Startup India Scheme is an initiative of the Government of India in

Electronic Bank Realization Certificate (e-BRC)

Electronic Bank Realization Certificate (e-BRC)

An Electronic Bank Realisation Certificate (e-BRC) is a vital digital certificate for export businesses. A bank issues the e-BRC to confirm that the buyer made payment to the exporter against the export of services or goods. e-BRC or BRC details are crucial economic indicators and financial information sources. Businesses availing export benefits under the Foreign Trade Policy

Lifetime value

Lifetime Value

Lifetime Value or LTV is an estimate of the average revenue that a customer will generate throughout their lifespan as a customer. This ‘worth’ of a customer can help determine many economic decisions for a company including marketing budget, resources, profitability and forecasting. What is Lifetime Value (LTV)? Lifetime Value (LTV) refers to the total

Employees Deposit Linked Insurance Scheme (EDLI)

employees deposit linked insurance scheme (edli)

The Employees Deposit Linked Insurance Scheme (EDLI) is an insurance scheme that was launched by the Government in 1976. This scheme was launched with the objective of providing social security benefits to the employees of the private sector for whom such benefits were not commonly provided by the employer. Today, the EDLI scheme is managed and administered by the

Virtual Payment Address (VPA)

virtual payment address (vpa)

Virtual Payment Address also referred to as a VPA, is similar to an email ID, which is given to an individual using the Unified Payment Interface (UPI) service to send or receive money. With UPI, fund transfers can be initiated without an IFSC code or bank account number. Therefore, VPA is essentially the only piece of information required for