LLP to Ltd conversion LLP to Ltd conversion: The transition from a Limited Liability Partnership (LLP) to a Private Limited Company (Ltd) is driven by a diverse array of distinctive motives, reflecting the dynamic nature of businesses and the evolving needs of stakeholders involved in the decision-making process. Here, we explore a… Read More »
Amalgamation and Mergers “Tax Optimization in Amalgamation and Mergers”: Tax planning, with respect to amalgamations and mergers, involves the strategic consideration of tax implications during the transaction and the implementation of tax-efficient strategies to enhance the overall financial outcome. Here’s a unique perspective on tax planning in the context of amalgamations and mergers: Amalgamation… Read More »
New income tax law New income tax law, In 2009, the Indian government introduced the Direct Tax Code (DTC), a new income tax law aimed at simplifying and streamlining the existing tax system. The intention was to replace the complex and burdensome Income Tax Act, 1961, which had undergone numerous amendments over the… Read More »