18 Mar Trademark Act, 1999
A trademark, encompassing words, phrases, symbols, or designs, serves as a distinctive identifier of the origin of goods or services provided by one entity, distinguishing them from others....
Author: editor
18 Mar Competition Act 2002
Competition, a fundamental aspect of market dynamics, involves individual sellers vying for buyer patronage to attain profitability or market share....
18 Mar Making Tax Payments Under the QRMP Scheme: Step-by-Step Guide
The Quarterly Return Filing and Monthly Payment of Taxes (QRMP) Scheme, initiated by the CBIC from January 1, 2021, aims to ease the compliance burden for small taxpayers. This guide outlines the process for tax payment during the initial two months of the quarter for...
18 Mar CBIC exempts SWS on EV imports for Indian electric car manufacturing promotion
The CBIC has recently made amendments to its Notification No. 11/2018-Customs, dated February 02, 2018, through Notification No. 20/2024-Customs dated March 15, 2024....
16 Mar Section 194G of the Income Tax Act
Lottery tickets are often seen as gateways to instant wealth, but few realize the tax implications that accompany such windfalls. Section 194G of the Income Tax Act delineates the provisions for Tax Deducted at Source (TDS) on various activities related to lottery tickets, including their...
16 Mar Guide to Tax Collected at Source (TCS) – Rates, Payment, and Exemption
The Indian Income Tax Act incorporates provisions for Tax Collected at Source (TCS), where specific individuals are mandated to collect a predetermined percentage of tax from their buyers during certain transactions....
16 Mar Interim Budget Updates to Goods and Services Tax
The announcement of GST Amendments in the Interim Budget brings forth significant changes in the taxation landscape, marking a pivotal moment for both businesses and individuals....
16 Mar India’s E-Vehicle Policy Aims to Boost EV Manufacturing and Technology Adoption
The Indian government has given its nod to a strategic initiative aimed at positioning India as a premier manufacturing hub for electric vehicles (EVs), leveraging cutting-edge technology within the nation's borders....
16 Mar CBIC Modifies BCD Rates on Selected Smart Wearable Devices
The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 17/2024-Customs on March 14, 2024, which revises its earlier Notification No. 57/2017-Customs dated June 30, 2017. This revision pertains to the Basic Customs Duty (BCD) rates applicable to specific smart wearable devices....
15 Mar Introduction to Revised GST Returns and Future Implementation
A recent advancement in the taxation system promises to equip taxpayers with a valuable tool known as the ability to file revised Goods and Services Tax (GST) returns. This transformative change, set to take effect from 2025, aims to streamline the tax filing process and...