The Indirect Tax system of India is incredibly complex because of the numerous types of taxes levied by the Governments both center and state on Goods and Services. For example Entertainment Tax for watching a film, Value Added Tax (VAT) for purchasing goods & services by the consumer. Taxes such as excise and import Duties, […]
Category: Blog
Invest in India without Fear – RERA is here
Keeping in mind the rapid growth process in the real estate sector and its contribution to Indian Economy the Government introduced the Real Estate Regulation Act (RERA). Their aim was to provide world-class facilities to its citizens by providing a home for all, developing smart cities and making advancements in the infrastructure sector.The growth in […]
RERA – Real Estate Regulation Act
The Real Estate Regulation Act (RERA) 2016, which was announced by the government last year, finally came into effect on 1 May 2017 in the country. It was declared with the purpose of bringing transparency and accountability in the realty sector and ensuring the safety of the consumers from the developers. It is a very […]
How does the Law define “Fraud”?
Cheating and Fraud might be taken sometimes as being interchangeable in common language. Yet the Indian Law provides for these two offences in separate sections of the Constitution. To protect the interests of the people and maintain order in the society the government has lain down asset of norms that are described under IPC.The Indian […]
Have Income? Will be taxed!
Income Tax is a matter of interest both for citizens and NRIs – though the rules of taxation for both could vary. An NRI is a person who has an Indian passport and has temporarily migrated to another country for six months or more for employment, residence, education or any other purpose.If an Indian citizen […]
Domestic Violence – It all begins with ‘love’, my lady!
For centuries women have been facing various issues and trying to get a hold of things around them so as to make their life easy. These problems may include lack of education opportunity, equality, personal identity, domestic violence, free will and much more. But the most common issue that a woman faces is Domestic Violence.Domestic […]
Be smart; get a Trademark for your business!
With changing market trends, there is increasing competitiveness in individuals as well as businesses. This growth has given rise to the requirement of the concept of ‘Trademark’.Trademark is a phrase, word, design, or symbol which makes it easy to differentiate between the goods or services of one business from others/competitors. To secure, the interests of […]
The Safety Net – National Pension Scheme for NRIs
The various appealing investment options that are available in India have made it a preferred investment centre for NRIs. With an increase in the prominence of India as a player in the world’s economy, the investment options for NRIs have increased. The prevailing belief that Indian businesses offer high profits with minimal efforts has increased […]
How does the country trade – Foreign Trade Policy of India
Introduction Before India got its independence, it had no clear trade policy, after independence a trade policy as a part of the general economic policy of development was formed.Two phases describe Foreign Trade Policy. They are -Foreign trade policy before 1991 and Foreign Trade Policy after 1991.Phases of Foreign Trade Policy of India before 1991 Phase […]