Year: 2025

Empower Yourself with the Right to Information (RTI) Act Transparency and accountability are the cornerstones of good governance. The Right to Information (RTI) Act, 2005, empowers every Indian citizen to access information from public authorities, ensuring a brighter, more transparent future. Why RTI Matters: Access to Information: Seek answers from public authorities within 30 days. […]

Understanding the Backbone of Business: Contract Law Contracts are the foundation of every successful business relationship. Whether it’s a handshake deal or a meticulously drafted document, understanding the principles of Contract Law is essential. Here are the key features that make a contract enforceable: Offer and Acceptance: One party proposes, the other agrees — the […]

Litigation issue involves Rental Income Under Section 9(3) and 9(4) of the Central Goods and Services Tax (CGST) Act, 2017, the Reverse Charge Mechanism shifts the liability to pay GST from the supplier to the recipient of goods or services. While typically the supplier collects and remits GST, RCM is applied to ensure tax compliance […]

Drive into Savings: Unlock Tax Benefits with Section 80EEB for Electric Vehicles As India takes significant strides towards sustainability and reducing its carbon footprint, the government had already introduced several tax benefits and incentives to encourage the adoption of electric vehicles (EVs). One such provision is Section 80EEB of the Income Tax Act, which provides […]

HSN Code Overhaul: What the New GSTR-1 Rules for 2025 Mean for Your Business The Goods and Services Tax (GST) framework in India is constantly evolving, and one of the key aspects of compliance is the accurate reporting of HSN (Harmonized System of Nomenclature) codes in the GSTR-1 form. As of 2025, new rules have […]

Recent Updates in the RoDTEP Scheme: Key Changes Exporters Need to Know The Remission of Duties and Taxes on Exported Products (RoDTEP) scheme has undergone several significant updates to enhance its effectiveness and align with current trade policies. Key recent changes include: 1. Extension of the RoDTEP Scheme: The Directorate General of Foreign Trade (DGFT) […]

Steps to Withdraw Shares from the Investor Education and Protection Fund (IEPF) To reclaim shares from the Investor Education and Protection Fund (IEPF) in India, follow these steps: 1. Verify Eligibility: Confirm that your shares were transferred to the IEPF due to unclaimed dividends. You can check this by visiting the IEPF website or contacting […]

RBI Mandates Beneficiary Name Verification for RTGS and NEFT Transactions Starting April 2025 The Reserve Bank of India (RBI) has announced the implementation of a beneficiary name verification feature for Real-Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems, effective April 1, 2025. Key Details: Beneficiary Name Verification: This feature will allow remitters […]