by Team SKM | Aug 7, 2025 | Income tax, News
The Income Tax Department has introduced critical changes to Clause 22 of Form 3CD for the ongoing tax audit season, focusing on timely payments to MSMEs (Micro, Small, and Medium Enterprises). Business entities undergoing audit under Section 44AB must now report both...
by Team SKM | Aug 4, 2025 | Updates
As former U.S. President Donald Trump ramps up his protectionist trade campaign, a new 25% tariff on Indian imports has sent shockwaves through global markets. But while the focus has been on the damage – and rightly so – a quieter but equally important...
by Team SKM | Jul 25, 2025 | Companies Act 2013, News
In a significant move to enhance transparency and curb fraudulent practices, the Ministry of Corporate Affairs (MCA) has issued a new compliance requirement for One Person Companies (OPCs) and Small Companies filing their Annual Return (Form MGT-7A) on the V3 Portal....
by Team SKM | Jul 10, 2025 | Income tax, News
In a significant move aimed at enhancing digital security and taxpayer verification, the Income Tax Department of India has made Aadhaar OTP verification mandatory for e-filing on the income tax portal. This new directive applies to individuals filing Income Tax...
by Team SKM | Jul 8, 2025 | Updates
In recent years, the UAE’s Golden Visa has evolved from an elite residency scheme for billionaires into a dynamic migration policy aimed at attracting top global talent. In 2025, the UAE broadened the program’s scope to include educators, digital creators, e-sports...
