Here are five things to know about the new EPF rules

This move will also introduce liquidity of Rs 6,750 crores to employers and employees over the course of three months. The labour ministry has notified the new rules for employees’ provident fund or EPF contribution. In an announcement last week, Finance Minister Nirmala Sitharama stated that the statutory provident fund contribution by the employers as…

Aatmanirbhar Bharat

Write up covering the important announcements made by Honourable Finance Minister Smt. Nirmala Sitharaman under the Aatmanirbhar Bharat initiative to kickstart the Indian economy and to make India a self reliant nation. Document can be found in the link provided below Aatmanirbhar BharatDownload

Assessment of Charitable Trusts

An article on Assessment of Charitable Trusts pertaining to the issue of 'Excess Application of Income over Income Derived'. The article discusses whether the excess of income applied for objectives of Trusts in India is eligible to be set off against Income derived by such Trusts in the subsequent years. https://taxguru.in/income-tax/assessments-charitable-trusts-excess-application-income.html

Aftermath of Covid-19- The Way Ahead

We are all seeing the most catastrophic event affecting the world by way of coronavirus (COVID-19). Nations across the globe have been severely affected in ways which they had least anticipated and were unprepared for. Economies of the nations have been affected, their health care systems have been severely tested and employment opportunities have been…

Dimensions of Prevention of Money Laundering Act, 2002

Background Throughout the world, money earned through illegal means is a major cause for worry for the Government. The illegal money which is earned, is masked and reintroduced into the regular economy through varied ways, thereby bringing a shell of respectability for ill-gotten wealth and depriving the Government revenue arising out of such transactions. The…

MSMED Act, 2006

Introduction The Global Economy is currently growing at a slow pace. The same can be said of the Indian Economy also, which is growing at a sluggish rate. To ensure that Indian economy is back on track and to ensure that it is one of the fastest growing economies in the world, focus on development…