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LLP BILL
New tax regime: 7 ways for salaried employees to reduce their tax liability while filing ITR for FY 2025-26Salaried individuals can still reduce their tax liability under the new tax regime for FY 2025-26. Key deductions include employer contribu...- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
- At Big 4 firms, AI is starting to reshape the tax professionMajor accounting firms in India are embracing artificial intelligence for tax services. AI is automating routine tasks, research, and draft...
- Audit firms count the cost as India looks to tighten rulesThe landscape of corporate governance in India is on the brink of transformation, with new proposals potentially establishing some of the h...
- Zero income tax on Rs 15 lakh CTC? Here’s how these allowances and perks can cut your tax under new tax regimeSalaried individuals can significantly reduce their tax liability under the new tax regime by strategically utilizing allowances and perqui...
- Rs 13 lakh cash payment for credit card bill triggers tax notice; man wins case after ITAT accepts ‘family gift’ explanationA Mumbai man faced a tax notice for using Rs 13 lakh cash to pay his credit card bill. He explained the cash as gifts from his wife, father...
- Government introduces bill to amend companies, LLP laws; proposes changes in CSR normsThe government has proposed significant amendments to company and LLP laws to boost ease of doing business. Key changes include decriminali...
- Rajya Sabha passes Limited Liability Partnership Amendment BillThe opposition has been protesting on Pegasus issue and three new farm laws, besides other matters, since the start of the monsoon session....
- Key things to know when registering a LLPRegistering a LLP requires an Application for Digital signature Certificate, Designated Partner Identification Number, Reservation of name ...
- LLP will help SMEs attract capitalBecoming an LLP will help SMEs attract that much needed capital.
- Parliament clears bill for flexibility in running partnership firmsParliament on Friday approved a bill paving way for formation of a new type of business entity by professionals like lawyers and chartered ...
- Revised LLP Bill enters Rajya SabhaThe tax structure of the new form of business would be addressed separately in the Income-Tax Act. The Bill was introduced by the minster f...
- India to soon have its global brand of CAs, thanks to LLPLLP Bill, which is soon to be placed before the parliament, would allow domestic CAs to join hands to form big organisations.
- Stamp duty could slow march to limited liability partnershipsThe proposed new corporate form, limited liability partnership (LLP), to be legislated soon (the Cabinet cleared a modified LLP Bill last w...
- Cabinet approves introduction of LLP Bill in ParliamentThe Union Cabinet on Thursday approved the introduction of Limited Liability Partnership Bill 2008 to be tabled in Parliament, replacing a ...
- Resignations won’t save limited liability partnerships partnersThe government has laid down detailed norms in the proposed LLP Bill 2008 for disqualifying a professional or an investor as a partner from...
- LLPs may not get total immunity for lapsesProfessionals and investors planning to do riskier business without fear of losing their personal assets under the proposed limited liabili...
- Limited liability, unlimited scopeHave an idea and capital scarce? Here’s probably an answer to the thousands like you impelled to be subservient to the owners of capital an...
- LLP Bill to skip taxation normsProfessionals, corporates and traders waiting for the proposed limited liability partnership (LLP) model will have to wait.
- MCA seeks tax clarity on LLPCompany affairs minister Prem Chand Gupta is set to seek a commitment from finance minister P Chidambaram on the most attractive feature of...
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