Vivad Se Vishwas Scheme 2.0: Everything You Need to Know

The Government of India has announced the launch of Vivad Se Vishwas Scheme 2.0 (VSV 2.0), which will be operational starting from 1st October 2024. This scheme aims to resolve income tax disputes, following the success of the first edition launched in 2020.

NPS Vatsalya Scheme for Minors

The NPS Vatsalya Scheme is a new initiative under the National Pension System (NPS) introduced by the Union Finance Minister. It is designed to provide long-term financial security for minors by allowing parents or guardians to build a retirement

Health Coverage for Senior Citizens

The Health Coverage for Senior Citizens initiative is a major step by the Indian government aimed at providing extensive healthcare protection to citizens aged 70 and above.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

CORPORATE SOCIAL RESPONSIBILITY (CSR) CORPORATE SOCIAL RESPONSIBILITY (CSR) Introduction Enactment of Companies Act, 2013 by the Ministry of Corporate Affairs, Government of India was one of the world’s largest experiments of introducing the CSR as a mandatory provision by imposing statutory obligation on Companies to take up CSR projects towards social welfare activities. This has […]

Trust and its types

Trust and It’s Types A trust is a relationship in which a person or entity is bound by a fiduciary relationship to exercise those legal rights over the trust property for the benefits of any one or more individuals known as beneficiaries. The trust shall be governed by a set of written terms and conditions […]

Procedure For Appointment Of Director Sharing Land Borders With India

Procedure For Appointment Of Director Sharing Land Borders With India PROCEDURE FOR APPOINTMENT OF DIRECTOR SHARING LAND BORDERS WITH INDIA Ministry of Corporate affairs has introduced Security clearance procedure compulsory for any national to become Director whose country is sharing land border with India. First the person needs to get the security clearance from the […]

Understanding Individual Income Tax Return (ITR) and the Consequences of Non-Filing

Understanding Individual Income Tax Return (ITR) and the Consequences of Non-Filing Understanding Individual Income Tax Return (ITR) and the Consequences of Non-Filing In India, taxpayers are required to file an Individual Income Tax Return (ITR) once every year. The Income Tax Act of 1961 requires individuals to submit returns, reveal their income from various sources, […]

Rental Agreement

Rental Agreement Rental Agreement A rental agreement, also known as a lease agreement, is a contract between a landlord and a tenant that specifies the terms and conditions of renting a property. It details everything from the duration of the lease to the rules about pets and maintenance responsibilities. This document is legally binding, which […]