On March 04, 2024, the Income Tax Department released a notification announcing the activation of online submission for Form I SWF, as outlined in Circular No. 15 of 2020, issued on July 22, 2020....
The Central Board of Direct Taxes (CBDT) has recently issued Notification No. 24/2024 dated March 01, 2024, announcing the release of the Income Tax Return (ITR) Form ITR-7 for the Assessment Year (A.Y.) 2024-25. This form is specifically designed for individuals and companies obligated to...
In the realm of startups, securing funding is a critical step towards realizing entrepreneurial visions. Many startups falter due to inadequate financial backing, highlighting the importance of capital infusion at various stages of growth....
In the realm of entrepreneurship, startups undergo various stages akin to the growth phases of a plant. Just as a seed requires nurturing and sustenance to burgeon into a thriving plant, a startup demands financial backing to explore and flourish. The financial support extended during...
For a burgeoning enterprise, securing external investments often becomes a pivotal milestone. The necessity for working capital, distinct from profit, persists even in profitable ventures, underscoring the significance of capital funding in unlocking full potential....
Embarking on the journey of launching a startup in India is an exhilarating endeavor, filled with boundless opportunities and challenges. Among the myriad hurdles that entrepreneurs encounter, securing investment stands out as a pivotal milestone in transforming ideas into tangible realities....
In the realm of business, particularly for Micro, Small, and Medium Enterprises (MSMEs), manufacturers, and service providers, accessing government procurement contracts often appears as a secure avenue compared to navigating the uncertainties of the open market....
The EPCG Scheme empowers eligible importers, particularly export-oriented enterprises, to import capital goods at zero customs duty rates. However, to avail of this benefit, businesses must ensure an export value equivalent to six times the duty saved on the imported capital goods within six years...
On March 1, 2024, the Central Board of Direct Taxes (CBDT) issued an important order addressing the processing of income tax returns (ITRs) electronically filed with refund claims under section 143(1) of the Income-tax Act, 1961, extending beyond the prescribed time limits in non-scrutiny cases....
In the landscape of Micro, Small, and Medium Enterprises (MSMEs), ensuring their growth and sustainability is crucial for economic development. These enterprises, often referred to as the backbone of the Indian economy, require special support and protection to thrive....
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