In India, agriculture is the most common occupation. For India’s enormous rural population, it is frequently their only source of income. For its fundamental food requirements, the country as a whole is completely reliant on agriculture. The government has a variety of programs, laws, and other measures in place to encourage growth in this industry,…
If a company needs money without reducing its equity status, the Company selects a Debentures Issue. It is a debt to the Company. It is similar to borrowing money that needs to be repaid over a while. Debentures have a fixed interest rate. Both organizations and governments often issue debentures to raise funds or capital….
Any entity making a payment to a third party must deduct tax at the source and deposit the funds with institutions authorized to collect taxes on behalf of the government. They must also provide the Income Tax Department with TDS returns and challan information. In this article, we’ll discuss Tax Deducted at Source under Income…
The Union Budget for 2022 took place just as the Indian economy was preparing for the next phase of expansion. Despite the fact that the economy is still recovering from the pandemic; the administration expects it to grow at a rate of 8 to 8.5 percent in the coming fiscal year. This would maintain India’s…
The implementation of GST has been hailed as a major tax reform that will unify the entire country for taxation. While this has benefited a variety of industries, the implementation of the GST will have societal ramifications for charities and non-profit organisations. Let’s have a look at the impact of the GST on Renting of…