Explore more Articles in

Principles of Taxation

Understanding the Latest Amendments in Indian Law: What Legal Professionals Need to Know in 2024

Introduction: The Dynamic Nature of Indian Law Indian law is constantly evolving to address new challenges, societal changes, and advancements in various sectors. For legal...

Navigating Economic Challenges: Cost Management Strategies for Law Firms in 2024

Introduction: Economic Pressures on Legal Practices The legal industry is not immune to economic fluctuations and pressures. Law firms, regardless of their size, must navigate...

Embracing Technology in Legal Practice: Top Tools and Trends for 2024

Introduction: The Importance of Technology in Modern Law The legal profession is increasingly leveraging technology to enhance efficiency, improve client service, and streamline operations. As...

Exploring Alternative Legal Careers: Non-Traditional Paths for Indian Law Graduates

Introduction: The Scope of Legal Careers Beyond Traditional Practice The legal field offers a wealth of opportunities beyond the traditional roles of litigators and judges....

Important Definition under Principles of Taxation

Person In the context of taxation, a person refers to an individual, Hindu Undivided Family (HUF), company, firm, association of persons (AOP), body of individuals...

Distribution of Tax Resources between Union and State

The distribution of tax resources between the Union government and the state governments in India is governed by the provisions outlined in Article 268...

Residential Status

Residential status plays a significant role in determining the tax liability of an individual or entity in a particular country. In India, the residential...

Constitution of Finance Commission

The Constitution of India provides for the establishment of a Finance Commission through Article 280. The Finance Commission is a constitutional body responsible for...

Functions of Finance Commission

The Finance Commission, as established under Article 280 of the Constitution of India, has several important functions. Its primary role is to make recommendations...

Heads of Income

Under the Indian Income Tax Act, 1961, there are five heads of income under which an individual or entity can classify their income for...

- A word from our sponsors -

Most Popular