Comparing the New Code with the 1961 Act & What It Means for Taxpayers 🧠A Landmark Transition: From 1961 to 2025 After more than six decades of incremental amendments, India has officially turned the page on its direct tax framework. The Income-tax (No. 2) Bill, 2025—recently passed by both houses of Parliament—repeals the Income-tax […]
A Practical Guide for Indian Companies As businesses in India navigate ever-evolving tax and regulatory frameworks, one common thread I see across industries — from startups to large corporate — is this: 👉 Many companies are unknowingly leaving money on the table — in the form of missed tax deductions, underclaimed export incentives, and avoidable […]
Understanding Resident Welfare Associations (RWA) and Effect of GST A Resident Welfare Association (RWA) is a community-driven body that represents the interests and welfare of the residents within a particular locality, typically in urban and semi-urban areas (typically associations in the resident communities). RWAs are formed with the primary objective of managing the day-to-day operations […]