Tax Arbitrage in India

In Indian financial landscape, tax arbitrage has a tool for retail investors and multinational corporations. It is practice of exploiting differences in tax rates, regulations, or classifications between two or more systems to reduce overall tax liability. In India, this rarely involves illegal tricks; instead, it leverages specific way Income Tax Act treats different financial … Read more

Bounce Check Penalty

In India, a bounced cheque is a criminal offense under Section 138 of the Negotiable Instruments Act, 1881. As of 2026, legal framework has become increasingly stringent to protect interests of payees and maintain sanctity of financial transactions. If you have issued a cheque that was dishonoured, or if you are holding one that has … Read more