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As part of the ongoing modernization drive of the Indian armed forces, the central government has increased the allocated expenditure in the defence sector to US$ 37.3 billion approximately.
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In order to promote the welfare of the society, the Income Tax Act, 1961 (“Act”), which is the principal legislation governing taxation laws of individuals as well as companies, LUATION IN RELATED PARTY TRANSACTIONS
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With the world coming out of an economic crisis and India’s inflation rate and rate of interest soaring high, one cannot help but think whether we are heading the same way again. If anything is to be learnt...
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Stamp duty is a form of tax that is imposed on instruments by which right or liability is or purports to be created, transferred, limited, extended, extinguished or record (“Instrument”). In order to assert the legal validity of...
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Securities Exchange Board of India (“SEBI”) is the regulatory body, which was instituted with the intent to protect investors’ interest and to keep a close eye on the securities market
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