A closely held company advances salary to a director who also holds shares and draws a monthly package. Clean transaction, or a deemed dividend waiting to surface in assessment? A short Q&A on where the line actually sits. 1   Can a company give a salary advance to a director who […]

In under two weeks, the biggest shift in India-UK business in a generation goes live. Almost every Indian export enters Britain duty-free. Professionals stop paying social security twice. India opens its government contracts to British firms for the first time in history. Here is what actually changes, who gains first, […]

Every Indian entity with foreign investment on its books has an RBI deadline on 15 July. Here is what it covers, why it matters, and how to file it without the last-minute scramble. A company raised foreign capital four years ago. One round, one overseas investor, a clean cap table. […]

A 40-page tax treaty does not need 40 hours to understand. Once you learn how DTAAs are structured, you can quickly identify who has the right to tax an income and avoid costly mistakes. In international taxation, the difference between reading the treaty and assuming the answer can sometimes be worth millions.

Artificial intelligence is fast becoming the Company Secretary’s most capable assistant. It is also opening new fault lines with the law. Here is where the opportunity ends and the obligation begins. It is eleven o’clock the night before a board meeting. A Company Secretary has a dense, half-finished set of […]

The auditor's signature has been the foundation of trust in financial reporting for over a century. Now, the world is asking companies to prove more than profit. ICAI's draft SSA-5000 marks India's move toward assuring sustainability information with the same rigor applied to financial statements. This may be the beginning of a fundamental shift in what an auditor's signature represents.

A ₹6,000 hotel room should attract only 5% GST, right? Not always. Many luxury hotels legally charge 18% GST even on rooms priced below ₹7,500. The reason lies in how Input Tax Credit works under GST. Learn why the room tariff alone does not always determine the tax rate and what businesses should know when reviewing hotel invoices.

Many EV rental startups assume they must charge 18% GST and cannot claim Input Tax Credit on electric two-wheelers. In reality, GST law provides a more favourable outcome for self-drive EV rental businesses. Under specific provisions governing the rental of goods without an operator, businesses may charge just 5% GST while remaining eligible to claim full ITC on the purchase of their electric vehicle fleet. This article explains the legal reasoning behind the concessional rate and the ITC eligibility available to EV mobility entrepreneurs.

The GST Network has extended the implementation date for key e-Way Bill changes from June 15 to August 1, 2026, giving businesses additional time to prepare. The update introduces mandatory "Ship To GSTIN" reporting for Bill-To/Ship-To transactions and a new voluntary e-Way Bill closure feature. Learn what these changes mean for your logistics, dispatch, and compliance teams, and the steps you should take before the new deadline.