Impact of GST on NGOs and Charitable Trusts

Shocking Impact of GST on Public Trusts (Charitable and Religious Trusts)

Implementation of GST has seen as a great tax reform that will unify the entire nation, as far as taxation is concerned. This has been beneficial for various sectors, at the same time, implementation of GST will have social consequences on charities and the non-profit organizations.   What is GST? A person who carries any […]

Trademark Class Search

trademark class search

A Trademark is an important identity for every business. However, trademark registration involves registering the design under the proper classes of trademark.  What is Trademark? A trademark is an intellectual property that grants the owner exclusive rights over a word, symbol, logo, phrase, design, sound, or expression. Such a trademark cannot be used by any

What is Form 16

what is form 16

Form 16 is a document issued under Section 203 of the Income Tax Act 1961. It is issued by an employer to their employee and serves as a certificate of Tax Deducted at Source (TDS) on salary income. It ensures that the employer successfully submits the TDS to the Income Tax Department. Simply put, Form

HUF Income Tax Filing

huf income tax filing

HUF is a separate legal entity from its members and is created primarily to save taxes on income. As per Hindu law, a HUF consists of all people from a common ancestor. Their wives and unmarried daughters are also a part of HUF. What is a HUF? HUF means Hindu Undivided Family. You can save taxes

litigation information tracking and evaluation system

litigation information tracking and evaluation system

In the world of legal practice, efficient case management is crucial for success.  As litigation becomes increasingly intricate and voluminous, law firms and legal departments are embracing technology to streamline their processes and maintain order. One essential tool in this context is the litigation tracker, a dedicated instrument for case management that provides a centralized

India Post Payments Bank

India Post Payments Bank

The India Post Payments Bank launched on September 1, 2018, by PM Narendra Modi is a payments bank that aims at making banking services available at people’s doorstep. This article will abreast you with IPPB, its aim, functions, benefits and challenges of India Post Payments Bank.  Indian Post Payments Bank IPPB is a wholly-owned payments bank, a

Rajasthan Free Uniform Distribution Scheme

Rajasthan Free Uniform Distribution Scheme

A new scheme has been started by the state government to increase the field of education by the Rajasthan government. Whose name is Free Uniform Distribution Scheme . Through this scheme, free school uniforms will be distributed to the students studying in government schools. Through Nishulk Uniform Distribution Scheme, parents of students from economically weaker sections will

Uttarakhand Road Tax

Uttarakhand Road Tax

Uttarakhand Road Tax is a crucial source of revenue for the state, supporting the maintenance and development of road infrastructure. It is a fee imposed on vehicle owners for using public roads. This tax is pivotal in ensuring safe and well-maintained roads, benefiting commuters and the economy. In September 2023, the number of registered motor

Surge in Tax Filings: New Tax Regime Takes the Lead for AY 2024-25

Related Resources Old vs New Tax Regime Belated Return Due date for filing Tax Return AY 2024-25 The deadline for Income-Tax Returns (ITRs) has come and gone, and the numbers are in—2024 has set a new record for tax filings. By July 31, 2024, a remarkable 7.28 crore ITRs had been filed, marking a 7.5%

Supreme Court highlighted need for continuous Legislative Assessment

Supreme Court highlighted need for continuous Legislative Assessment

A 2-Judge bench of the Supreme Court suggested a comprehensive statutory audit of the Maharashtra Slum Areas Act and emphasized that reviewing and assessing the implementation of a statute is an integral part of Rule of Law. Directive came in response to several systemic issues in implementation of the Act including problematic processes of land identification as