The Government of India has formalized air bubble arrangements with 16 countries and is in discussion with others for similar arrangements. Besides countries like USA, Canada, France and Germany, the...
Posted by | October 16, 2020
If you have income from business or profession and if your taxable income includes such income from business or profession, you need to keep and maintain the accounts and records...
Posted by | October 2, 2020
The new TCS provisions is applicable from October 1, 2020. In our previous blog dated August 21, 2020 we had provided a brief analysis of applicability of TCS where the...
Posted by | September 25, 2020
For the past few years, the government has been taking several measures to bring in transformation in both direct and indirect taxes. The objective has been to create a taxpayer-friendly...
Posted by | September 18, 2020
Taxability in case of a deputation or secondment arrangement has always been a subject matter of discussion and litigation. Largely, there could be 2 types of arrangements: A Foreign entity...
Posted by | September 11, 2020
CBDT has issued functionality vide order dated 31 st August 2020, From now on, taxpayers can no longer remain non-compliant as banks and post offices can access the ITR filing...
Posted by | August 28, 2020
‘Transparent Taxation’ platform was launched by PM Narendra Modi on 13th August 2020 via video conference to encourage sincere taxpayers. The platform aims to remove any physical interface between the...
Posted by | August 21, 2020
What’s the provision: Effective from October 01,2020 a seller is required to collect additional 0.1% of sales value towards tax collected at source commonly known as (TCS) from a buyer...
Posted by | July 31, 2020
Govt. of India has taken revolutionary steps in bringing transparency in Tax Reforms of the country. These steps have ensured that every rupee earned or spent has been accounted for...
Posted by | July 24, 2020
With the advent of technology, there has been a revolutionary growth in the business sectors and business models where there is a heavy reliance on digital and telecommunication networks which...
