Income tax is a financial and legal obligation in India. All individuals earning above a certain amount are required to pay income tax on their earned income.
MCA Portal
The Ministry is primarily concerned with the administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008 & other allied Acts…
GST portal
The Indian government has introduced a GST portal. It enables taxpayers to complete the tax processes online. The platform allows handling everything…
The Insolvency and Bankruptcy Code, 2016
An Act to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximisation of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues and to establish an Insolvency and Bankruptcy Board of India, and for matters connected therewith or incidental thereto.
The Partnership Act, 1932
This Act may be called the Indian Partnership Act, of 1932. It extends to the whole of India except the State of Jammu and Kashmir. It shall come into force on the 1st day of October 1932, except section 69 which shall come into force on the 1st day of October 1933.
The Companies Act,2013
This section shall come into force at once and the remaining provisions of this Act shall come into force on such date1 as the Central Government may, by notification in the Official Gazette, appoint and different dates may be appointed for different provisions of this Act and any reference in any provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.
The Income Tax Act, 1961
An Act to consolidate and amend the law relating to income tax and super-tax. BE it enacted by Parliament in the Twelfth Year of the Republic of India.