Budget Updates from a Direct Tax Perspective Finance Minister Nirmala Sitharaman has unveiled a series of reforms in the Union Budget 2025-26, aiming to stimulate economic growth and provide relief to various sectors. The following…
Introduction We at Lawgical Startup have successfully completed an acquisition transaction of a running sick industrial unit at Umaria Dongaria, Jabalpur. This achievement highlights our dedication to rescuing distressed businesses and ensuring their sustainable growth.…
In a significant development, the MCA vide notification no. GSR 802(E) dated October 27, 2023, notified the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023. As per the amended norms, every private company…
In a significant move aimed at promoting ease of doing business and addressing the challenges faced by Limited Liability Partnerships (LLPs), the Ministry of Corporate Affairs (MCA) has introduced the LLP Amnesty Scheme through General…
Introduction: The Income Tax Act 1961 provides various deductions and exemptions that can help individuals minimize their tax liabilities and maximize their savings. Understanding and leveraging these deductions is essential for every taxpayer. In this…
Introduction: Filing income tax returns is an essential responsibility for every taxpayer. It ensures compliance with the law and helps individuals report their income accurately. When it comes to the filing process, one crucial document…