Section 80EE is a tax benefit provided under the Income Tax Act, which allows deductions of up to Rs. 50,000 annually on the interest paid to buy your first home. The Section was introduced earlier for FY 2013-14 and FY 2014-2015 with overall deductions of up to Rs. 1 lakh.  In FY 2016-17, Section 80EE […]

Craftsvilla is an Indian-based e-commerce platform that sells ethnic items for women, such as ethnic clothing, ethnic footwear, ethnic fashion accessories, ethnic handcrafted home accessories, lifestyle products, and beauty products from the industry. Craftsvilla, created in 2011 by Monica & Manoj Gupta, is an online marketplace for exclusive handmade, handmade, organic, and gift products. The

The company is regulated by two bodies the shareholders and the directors. The shareholders provide funds to the director of the company and in return the directors of the company perform business from the funds that are received from the shareholders. Therefore the Board of directors is under an obligation to present the books of

As per the Act of Registration of Births & Deaths Rule of year 1969, it is mandatory to register the birth of every child born in state of Madhya Pradesh. A citizen (applicant) can also fill the Birth Registration Form online available at the ULB portal. The applicant fills the form, attaches scanned copy of

The Reserve Bank of India (RBI) has stated that the facility to exchange or deposit Rs 2,000 banknotes will not be available on April 1 i.e. Monday. It is pertinent to mention that the Central Bank announced the withdrawal of Rs 2,000 denomination bank notes from circulation on May 19 last year. According to the

The taxpayers’ income tax returns are first collected electronically at the Centralised Processing Centre (CPC). Following the processing of the refund, the IRS sends an intimation to the taxpayers under section 143 (1) of income tax informing them of the findings. Individuals with a certain amount of taxable income in India are required by law

In India, a Trademark is an essential tool for protecting the identity of a business. A Trademark is a sign or symbol used to distinguish the goods or services of a particular business from those of its competitors. The validity of a Trademark in India is determined by the Trademark Act, 1999, which sets out the requirements

As companies seek to maximize their profits and improve their operations, using the e-procurement process can be a convenient and lucrative option. Buying and selling goods online allows companies to reach a more diverse audience and enhance the speed of transactions. What is e-procurement? E-procurement, or electronic procurement, is a digital transaction process that involves

Section 44AB of the Income-tax Act, 1961, states the regulations for the tax audit of a firm or entity. The tax audit ensures that the taxpayer has provided complete and accurate information regarding his income, deductions, and taxes. This is to be conducted by a Chartered Accountant. The entity has to maintain proper books of

The Government of India affirmed the testimonials of the Commission directed to some alterations. These recommendations by the committee regarding the Payment of Bonus Act Ordinance, 1965 was proclaimed on 29th May 1965 and to restore the said Ordinance the Payment of Bonus Bill was presented in the Parliament. The Payment of Bonus Bill was relinquished by both