Taxes

What Is a Dormant Company? A dormant company is one that remains inactive or inoperative—typically not engaged in business-as-usual operations. The reasons may vary, but the key implication is reduced or suspended activity, which affects filing obligations before regulatory authorities. This has implications for regulatory filings, and interestingly, different countries approach dormancy in markedly different ways. Did you know that in some countries, a company can be dormant

Why This Year’s Indian Income Tax Returns Need Extra Attention: Decoding Section 143(iia)

Understanding the new 12.5% tax rate for Long-Term Capital Gains (LTCG)