
Rise in net direct tax collection bodes well for India and reflects continuing GDP growth and enhanced economic activity in…
With the new tax system, two-wheelers that cost up to Rs 1 lakh will attract 10 percent tax, while those…
India can’t become a developed country by 2047 unless Centre-state financial relations are redesigned within the framework of cooperative fiscal…
Tax rate zero since May 15; no plan to withdraw the policy
SMEV says it is a matter of time early E2W makers shut shop due to lack of working capital, loss of investor and bank support, delay in production timelines and a…
Bank statements offer a detailed overview of all financial transactions
India should start consultations on Pillar Two of the OECD’s Inclusive Framework soon so that tax owed to us is…
Banks will be obligated to pay TCS on behalf of clients even before claiming the sum from them.
Ease of doing business for MSMEs: Fake registrations are used to claim the input tax credit (ITC) through invoices without…
Bhalla said reduction in tax rate is required to accelerate the pace of economic growth.
The government has, however, exempted foreign funding from 21 countries, including the US, UK and France from the tax levy.
The CBDT was expected to come out with valuation guidelines for valuing non-resident investment in unrecognised startups for the purpose…
The government had in the Budget brought overseas investment in unlisted closely held companies, except DPIIT recognised startups, under the…
This tax is levied at the maximum marginal tax rate of 34.94% and had raised concerns among stakeholders.
There is little rationale for a ‘TCS for forex’ given every transaction already goes through the audit trail
The fiasco over tax collected at source shows passing laws without consultation only leads to mass confusion.
Change GST Registration Details: Application for changes should be submitted within 15 days from the date of the particular change…