In India, the foreign money that is receive in the form of philanthropy or humanitorian helps, as donation or any form of help. This money is regulated by the Foreign Contribution (Regulation) Act (FCRA). This act monitors all foreign fundings coming to the non-governmental organization. As, this is important because it protects the National security, … Read more
SC ST उपवर्गीकरण (sub-categorization), याचा अर्थ असा होतो की, SC ST मध्ये sub caste च्या basis वर आरक्षण देणे. आता जे आहे reservation ते SC किंवा ST समाजामध्ये असलेल्या सर्व जातींना भेटत आहे. पण government चा असा म्हणणं आहे की हे जे system आहे यामुळे काही जाती किंवा लोकांना reservation चा फायदा नाही उचलला जात … Read more
Goods and services tax also called as GST. It is a new tax system that is impement on the 1st July 2017. It replaces the multiple taxes like vat tax, excise duty and implment the single unified gst tax system. It eliminate the tax on tax system for people, as it is also referred as … Read more
Before we know FCRA 2.0, we need to understand what is FCRA. So, It is Foreign Contribution Regulation Act, was formed in 1976. This act regulates foreign funding recieve in the NGO, associations and companies. It was created to protect illegal foreign funding against democratic functions of India. What is FCRA 2.0? FCRA 2.0 is … Read more
What is Uniform Civil Code? Uniform civil code is set of laws created for all peoples of country irrespective of their caste or religion, on the aspect of marriage, divorce, adoption, inheritance, succession and maintenance. This law is not active in India as of today. Many states has implemented its improve or change version. Indian … Read more
Tax arbitrage is basically a method in which a business owner will take advantage of the different tax systems present in the country to pay less tax. He does this legally, as he change the way he pay tax or does the business in a way that reduce overall tax money. Many Bigger companies place … Read more