Introduction In recent developments, an income tax raid has been initiated on the ‘Sea Shell’ restaurant chain in Chennai due to alleged violations by a Dubai-based company. This incident raises questions about compliance standards and the implications of foreign investments in the restaurant sector of India. Background of the Investigation The raid, conducted by the ...
The movie ‘Raid 2’ takes inspiration from a historic income tax raid that took place in the 1980s, targeting the businessman Sardar Inder Singh. This raid is noted as one of the longest and most infamous in Indian history. For those who missed the chance to watch the film in theaters, it is now available ...
As the new financial year approaches, individuals and businesses alike must stay informed about the latest policy changes and regulations introduced by the government and financial regulators. Commencing on April 1, several new decisions related to income tax and investments will come into effect. Understanding these changes is crucial to maximizing benefits and ensuring compliance. ...