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Compliance Guide

What is Maternity Benefit Act

Introduction The Maternity AmendmentBill 2017, is an amendment to the Maternity Benefit Act, 1961. It was passed in Rajya Sabha on…

What is Payment of Bonus Act

What is a bonus for an Employee? A bonus is an extra money that an employee receives on top of…

What is Payment of Equalisation levy

What is Payment of Equalisation Levy With the increase in technology and digital presence. There comes enough demand for the…

What is POSH

What is POSH? POSH stands for Prevention of Sexual Harassment. A law to prevent and to provide protection against, Sexual…

What is Practice management ?

Turbocomply | The Accounting Practise Management and Compliance Management Software Exclusively for Chartered Accountants and Company Secretaries.  What is Practice…

What is Return of Equalisation Levy

What is the Equalisation levy? It is aimed at taxing business-to-business transactions. It is introduced in order to tax digital…

What is Specified Financial Transaction 61A

What is Specified Financial Transaction (Form 61A) The Income Tax Act has framed a new concept to furnish a Statement…

What is Statutory compliance ?

Statutory compliance refers to the legal requirements that organizations must comply with in order to operate within the law. These…

What is TDS

TDS Introduction: TDS is the abbreviation of Tax Deducted at Source. This is a provision from the Income Tax Act,…