Appointment of Additional Director: Process, Legal Provisions, and Practical Guide
An Additional Director is a director appointed by the Board of Directors between two Annual General Meetings. This appointment is temporary in nature and is made to address immediate business or governance needs.
What Is Commercial Tax? Meaning, Types & Examples
In simple words, Commercial Tax is a tax imposed by the State Government on commercial activities. It is an indirect tax, meaning the business pays it to the government, but the cost is ultimately recovered from the customer.
About GST – How to get a GST number?
A gst number is a 15-digit alphanumeric code assigned to every registered business. Think of it as your business's unique identity card for all tax-related matters.
GST on Residential Property Rent – Who Is Liable to Pay Tax?
The applicability of GST on residential property rent has been a subject of confusion, especially after key amendments under the GST regime. Landlords, tenants, and businesses often struggle to determine whether GST is applicable, who is liable to pay it, and when exemptions apply.
Form 16 and Form 16A – Meaning, Difference and Importance
When it comes to income tax compliance in India, documents related to Tax Deducted at Source (TDS) play a critical role. Among these, Form 16 and Form 16A are the most commonly used TDS certificates.
Different Ways to Invest in Silver and Its Taxes: What Every Indian Investor Should Know?
Silver has steadily emerged as a practical and affordable investment option for Indian investors. Apart from its cultural significance and aesthetic appeal, silver is increasingly valued for its industrial use and long-term growth potential.
Section 10(2A) – Exemption on Share of Profit from Partnership Firm or LLP
Section 10(2A) provides that the share of profit received by a partner from a partnership firm or LLP is exempt from income tax in the hands of the partner.
GST on Salary – Applicability and Exemptions
The question of whether GST applies to salary is one of the most common areas of confusion for employers, HR teams, and employees.
Models of GST – Types Explained Simply
The introduction of Goods and Services Tax (GST) marked one of the most significant reforms in India's indirect tax system. By replacing multiple indirect taxes with a unified framework, GST brought transparency and consistency across the country.
Union Budget 2026 Highlights Simple Guide to Key Tax, Economy & Business Reforms
The Union Budget 2026–27, presented by Finance Minister Nirmala Sitharaman on 1 February 2026, focuses on fast economic growth, better tax compliance, strong infrastructure development, and long-term reforms.