Insights

Deemed Dividend under Section 2(22)(e) – Shareholders to Watch-out!

Dividends traditionally have been taxable either in the hands of the company as Dividend Distribution Tax or in the hands of the shareholders as 'Income…

Limited Liability Partnership needs to disclose the Significant Beneficial Owner

The Ministry of Corporate Affairs (MCA) had introduced the concept of Significant Beneficial Ownership (SBO) for Limited Liability Partnerships (LLPs) vide notification dated 11 February…

Dematerialization of Shares in Private Limited Companies

In simple terms, dematerialization refers to the substitution of paper-form securities such as share certificates with an entry in the books of accounts/balance sheet for…

Incentives for New Manufacturing Set Ups in India

India's push for local manufacturing is evidenced by the various government incentives offered to attract increased investment. With its dynamic market and strategic geographic position,…

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