With the introduction of the Income-tax Act, 2025 and Income-tax Rules, 2026, the government has tightened compliance for individuals leaving India. One of the most important developments is the income tax form 156, which has become a key requirement for outbound travellers. This blog explains meaning, applicability, filing process, compjustifyarison of form 156 and 157, …
Introduction With the introduction of Form 157 under the Income-tax framework (2026), the government has significantly tightened foreign travel compliance requirements in India. This new provision ensures that even individuals without a PAN or without taxable income are brought under the reporting mechanism when leaving India. Unlike earlier provisions, Form 157 creates a structured declaration …
Introduction The Company Compliance Facilitation Scheme 2026 (CCFS 2026 scheme) introduced by the Ministry of Corporate Affairs (MCA) is a major MCA compliance scheme 2026 aimed at helping defaulting companies complete their pending statutory filings at reduced costs. This MCA compliance relief scheme 2026, also widely referred to as the MCA amnesty scheme 2026 or …
Company Compliance Facilitation Scheme 2026 (CCFS 2026 scheme) Read More »
RERA Registration for Agents in Maharashtra is required when real estate agent negotiates or acts on behalf of one person in a transaction of transfer of his plot, apartment, or building, as the case may be, in a real estate project, by way of sale with another person or transfer of plot, apartment, or building, …
How to RERA Registration For Agents in Maharashtra? Read More »
Government established the Real Estate (Regulation and Development) Act 2016 with the aim of promoting and regulating the state’s real estate industry, Maharera Project Registration is done under Maharashtra Real Estate Regulatory Authority by following Maharera Registration Process. In order to sell, advertise, market, book, or purchase a real estate project under the supervision of …
Government established the Real Estate (Regulation and Development) Act 2016 with the aim of promoting and regulating the state’s real estate industry, Maharera Project Registration is done under Maharashtra Real Estate Regulatory Authority, also referred to as MahaRERA and there are certain documents required for RERA Registration in Maharashtra. In order to sell, advertise, market, …
What are Documents Required For RERA Registration in Maharashtra? Read More »
Government established the Real Estate (Regulation and Development) Act 2016 with the aim of promoting and regulating the state’s real estate industry, Maharera Project Registration is done under Maharashtra Real Estate Regulatory Authority, also referred to as MahaRERA. In order to sell, advertise, market, book, or purchase a real estate project under the supervision of …
Many salaried individuals, businesspeople, housewives, and former service members spend their free time trading shares for profit but are uncertain of how this money is taxed and they earn Capital Gains on Shares Trading. Equity share sale profits and losses are reported under the head “Capital Gains.” Capital Gains on Shares is further divided into …
A nil income tax return is submitted to the Income Tax Department to demonstrate that you have no taxable income and, as a result, paid no taxes for the year. A Nil ITR that has been filed especially to inform the Income Tax authorities that no taxes have been paid for the relevant financial year. …
According to the Income Tax Act, movable property or land is regarded as a capital asset. When a taxpayer sells an immovable object or a piece of land, they must report the profit or loss as capital gain on sale of property in their ITR and pay tax as per calculation. Capital Gain on Sale …
How to calculate Capital Gain on Sale of Property? Read More »
