India moving towards digital assets

[ad_1] Digital Rupee (Indian bitcoin) A digital rupee is a digital currency that will be issued using blockchain and other technologies. Such a digital rupee will be issued by the Reserve Bank of India from the financial year 2022-2023. As quoted by the Finance Minister in his budget speech “The introduction of the Central Bank Digital Currency (CBDC) will give a major boost to the digital economy. The digital currency will also promote a more efficient and affordable currency management system”, issuing the Digital Rupee. It will change the entire…

Gift to Huff by Member – File Tax Online | online tax services in india

[ad_1] The taxability of gifts is always a matter of concern, every person wants to know about the taxability provisions that will be applicable to him while receiving gifts from his near and dear ones. So let us first consider what is considered a gift under the provisions of the Income Tax Act, 1961. As per the taxability provisions, gifts can be classified as follows- Any amount received without consideration is called a ‘monetary gift’. Specified movable property received without any consideration is called ‘gift of movable property’. Specified movable…

How to register a company in India

[ad_1] How to register a company in India? – Benefits – Company Registration in India Do you want to start a company in India but not able to register it? Don’t worry; This article will teach you everything you need to know about setting up a company in India, business registration in indiaBenefits of company registration, and other compliance criteria that must be met while starting a business in India. ‘How to start a business?’ a briefing on In India, a. formation of private Limited company One of the most…

Is it possible to preserve your food recipes in India?

[ad_1] Intellectual property rights entitle the owner to keep its identity and uniqueness in the market from others, regardless of trademarkPatent, copyright, design, or a combination of anything. Now the question arises for those housewives or cooks who made and invented new food recipes from existing raw materials in new ways, forms, shapes, colors, or any combination and how they save it from others. in Patent Act, 1970 Food recipes may be protected if and only if they satisfy the following conditions to be granted patent protection. Patent Amendment Act,…

The Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2022

[ad_1] F. No. ibbi/2022-23/gn/REG.081.– In exercise of the powers conferred by clause 1. (1) These Regulations may be called the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Procedure) (Amendment) Regulations, 2022. (2) They shall come into force from the date of their publication in the Official Gazette. 2. In the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Procedure) Regulations, 2017 (hereinafter referred to as the principal rules), in regulation 2, in sub-regulation (1), in clause (c), for the figure and bracket 3(4), figure and bracket 3(3) shall be…

Taxation law in India – Notes

Click here to read a detailed note on PAN axation is a well known term in our society. We all directly or indirectly pays taxes in our daily life. Some universities teaches Taxation law or Principles of Taxation Law in 6th Semester of LL.B courses. But it is difficult to find a note on Indian Taxation on internet which covers LL.B syllabus. So, I have tried to prepare a complete note with the help of some other websites. Hope it will help the students and others. Let’s read, Basic Concept:…