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The current economic environment and business situations face global challenges. INMACS can be your partner in ensuring seemless flow of business by its well planned and futuristic strategic and regulatory advisory and implementation support .

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Directors

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Company Secretary & Lawyers

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NEWS & UPDATES

Analysis of Section 115BAB – An opportunity or a challenge

IntroductionDuring the month of September 2019, our Finance Minister Mrs N. Sitharaman gifted the Indian Industrial sector a much-awaited tax rate slash making Indian industry more competitive around the world. With the Taxation (Amendment) Ordinance Act 2019 the...

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Taxability of Salary Allowances and Deductions

IntroductionAs the new financial year i.e. FY 2020-2021 is going to start, there is in mind of every salaried individual about their tax planning and where to invest to reduce the tax liability efficiently. Most of the taxpayer in India regularly have following most...

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Case Law Gurunanak Romell LLP

The applicant M/s. Gurunanak Romell LLP is undertaking certain Residential Real Estate Projects (RREP) primarily having residential apartments with a carpet area upto 60 sq. mts. As per the applicant, since more than 50% of Floor Space Index (FSI) is utilized towards...

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EMPLOYEE STATE INSURANCE CORPORATION

EMPLOYEE STATE INSURANCE CORPORATION

The Employee State Insurance (ESI) is a social security and health insurance scheme for salaried Indian citizens and their dependants in contingencies, such as, sickness, maternity or death and disablement due to an employment injury or occupational disease. It is...

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MCA Updates

MCA Updates

MCA Is under process of migrating 9 e-forms from V2 to V3, which will be rolled out on 31st August 2022 at 12:00 AM. Following forms will be rolled-out in this phase: DIR-3 KYC Web, DIR-3 KYC e-form, DPT-3, DPT-4, CHG-4, CHH-6, CHG-8 & CHG-9. To facilitate...

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BUDGETS

Highlights of Interim Union Budget 2024-25

Economic Highlights Direct TaxIndirect TaxEconomic Highlights INDIA’s GROWTH IN LAST 10 YEARS The Indian economy has witnessed great transformation under PM Modi with mantra “Sabka Saath, Sabka Vikas, Sabka Vishwas and Sabka Prayas”. The government has helped...

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Highlights of Union Budget 2023-2024

Overview of Indian Economy Income Tax ProposalsGoods & Service Tax (GST)Excise & Custom Duty ProposalsOverview of Indian EconomyVision for Amrit Kaal – An empowered and inclusive economyUnion Finance Minister highlighted that “Our vision for the Amrit Kaal...

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Highlights of Union Budget 2022-2023

Business Opportunities: Union BudgetOverview of Indian EconomyIncome Tax ProposalsGoods & Service Tax (GST) Excise & Custom Duty ProposalsBusiness Opportunities: Union Budget Domestic Defence Production Units: DRDO to provide technology – Rs. 200,000 crore...

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