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Learn the complete process, legal requirements, and compliance steps for setting up a wholly owned subsidiary in India with expert insights and real-world examples.
Confused between Private Limited, LLP, or Sole Proprietorship for your startup? Learn with real-life stories, expert insights, and detailed structure comparisons. TwoTax helps you from incorporation to compliance.
Step-by-step guide for foreign companies to register a subsidiary in India. Learn about FDI compliance, incorporation procedures, taxation, and documentation from experts at TwoTax.
Discover the most common legal mistakes entrepreneurs make while incorporating a company in India, with real examples and solutions from TwoTax experts.
Dreaming of an IPO? Read this deeply insightful article on the emotional, financial, and strategic readiness required before taking your startup public, with guidance from www.twotax.in.
Explore how early-stage founders evolve from informal beginnings to investor-ready startups. Includes examples, strategy, and key lessons for startup success.
Explore the key tax benefits, legal structure, and compliance requirements of a One Person Company (OPC) in India. Learn how OPCs can help solo entrepreneurs grow with limited liability and structured governance.
Discover everything about One Person Company (OPC) in India: eligibility, registration, benefits, compliance, real-life examples, and how TwoTax helps you register & manage your OPC.
The month of May 2025 has seen significant developments in indirect taxation, particularly in GST adjudications, compliance guidance, and foreign trade policy reforms. This article presents a consolidated overview of these updates to help businesses stay informed and compliant.
Discover how Producer Companies transform rural agriculture by empowering farmers and agripreneurs with direct market access, shared profits, and government support. Learn the registration process, benefits, success stories, and expert insights from TwoTax. Start your journey towards sustainable rural entrepreneurship today
Discover how the BluSmart controversy highlights the importance of corporate governance. Learn its meaning, key components, steps for implementation, and why every business—especially startups—needs a Chartered Accountant for sustainable growth.
on April 9, 2025, the Indian stock markets witnessed a sharp downturn. The BSE Sensex dropped by 0.58% to 73,791.9, and the Nifty 50 declined by 0.72% to 22,372.7, largely due to escalating global trade tensions following the U.S. imposition of a 104% tariff on…
Understand the tax implications of alimony and maintenance in India. Learn how lump-sum alimony is tax-free, why monthly payments are taxable, and how to structure financial settlements to minimize tax burdens. Smart tax planning tips inside
Explore the impact of GST on India's hospital industry, from taxation on medical services and equipment to its effect on affordability. Learn about key challenges, policy recommendations, and how GST influences healthcare costs for patients and providers.
Discover the GST implications on educational institutions in India. Learn about GST exemptions, taxable services, Input Tax Credit (ITC) eligibility, and key legal rulings affecting schools, colleges, coaching centers, and universities. Stay compliant with the latest GST regulations in the education sector.
As a parent, managing finances while ensuring a bright future for your child is a top priority. The good news? The Indian Income Tax Act provides several tax-saving opportunities to ease your financial burden. Here’s a comprehensive guide on how parents can maximize tax benefits.
The Faceless Assessment Scheme, introduced in India on April 1, 2021, was hailed as a revolutionary step in the Indian tax regime. It aimed to eliminate corruption and bias by removing direct interaction between taxpayers and tax officials. Section 144B of the Income Tax Act,…
Are you living with your parents and contributing to the household expenses? Did you know that you might be eligible to claim House Rent Allowance (HRA) and reduce your taxable income, even when paying rent to your parents? Many individuals are unaware of this perfectly…
The Indian tax system offers taxpayers the choice between two tax regimes: the new tax regime and the old tax regime. Understanding the nuances of each regime is crucial for effective tax planning and optimizing one's tax liability. This article provides an in-depth analysis of…
From turning village artisans into global exporters to making nuclear energy power our cities, Union Budget 2025 isn't just a financial document - it's India's blueprint for transformation.
Section 80E of the Income Tax Act, 1961, is a significant provision aimed at providing tax relief to individuals who have taken educational loans for higher studies. This section allows taxpayers to claim deductions on the interest paid on such loans, which can significantly alleviate…
Fixed deposits are one of the most popular investment options in India, offering a safe and secure way to grow savings. They provide guaranteed returns over a specified tenure, making them an attractive choice for conservative investors. In India, there are two main types of…
Section 37(1) of the Income Tax Act, 1961, is a crucial provision that governs the deductibility of business expenses in India. This section allows businesses to claim deductions for expenditures incurred solely for the purpose of carrying on their business or profession, provided these expenses…
In today's dynamic business landscape, a simple lunch meeting can be more than just a meal - it can be a strategic financial decision. Understanding Section 37(1) of the Income Tax Act and its implications for business meal expenses can significantly impact your company's tax…
In today's digital age, businesses of all sizes rely heavily on software subscriptions to maintain their operations. From virtual meeting platforms to sophisticated design tools, these digital subscriptions have become as essential as traditional business utilities. What many business owners don't realize is that these…
Selling property in India can trigger significant tax obligations, particularly in terms of capital gains tax. The nature of the capital gains tax (CGT) on property sales depends on several factors including the type of property, holding period, seller’s residential status, and eligibility for exemptions.…
The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, has recently issued Notification No. 127/2024, dated December 11, 2024. This amendment modifies the earlier Notification No. 44/2020 to update references related to tax exemptions under Section 10(23FE) of the Income-tax Act, 1961.…
On December 13, 2024, the International Financial Services Centres Authority (IFSCA) issued a landmark circular that brings about a significant shift in how Indian residents can open and operate Foreign Currency Accounts (FCAs) under the Liberalised Remittance Scheme (LRS). The circular provides operational directions for…
Tax audits are an essential component of the taxation system, ensuring that businesses comply with the Income Tax Act, 1961, and other relevant regulations. They help maintain transparency and accountability, serving as a crucial tool for identifying discrepancies, errors, and omissions in financial statements.
Since the introduction of Bitcoin in 2009, the world of digital currencies has exploded. Today, more than 10,000 different cryptocurrencies exist. These digital assets, such as Bitcoin, Ethereum, and others, allow users to make transactions without needing a central authority like a bank. They also…
India's direct tax laws, which govern income tax, have long been considered complex and difficult to navigate, even for people who work with them every day. Whether it’s filing a tax return or understanding the intricacies of tax deductions, these laws have often left the…
The Indian government recently announced an exciting initiative: a ₹1,000 crore Venture Capital Fund aimed at boosting the country’s growing space industry. This move is significant for several reasons, not just for the space startups but also for investors, financial experts, and the economy as…