On May 27, 2020, the CBDT issued a notification which has far-reaching implications for offshore funds. The notification has amended Rule 10V of the Income Tax Rules, which provided that Indian Fund Managers would have to be remunerated on atleast at an arm’s length price
Krishna, the taxpayer's charter has been announced by PM Modi on 13th August 2020. What is it about? asks Arujana.
Know the various GST Returns to be filed on or before 30/09/2020 and the compliance to be fulfilled before 30/09/2020
In the case of Residential House Property, the developer is liable to pay GST under Reverse Charge Mechanism. For units remaining unsold on Completion Certificate (CC) at the rate of 18%.
From speeding up transaction processing to gaining actionable insights to make informed decisions, every business owners are aware of several benefits of a retail POS system.
National Pension System is a contributory pension system which was initially (from 1st January 2004) introduced for the government employees and later rolled out for all citizens of India from May 1, 2009. Any citizen of India in the age group 18 to 65 years can join the NPS.
The Institute of Chartered Accountants of India has released a list of Frequently Asked Question for CA May/November 2020 Exams.
Actionable Claim is a claim to any debt, other than secured by mortgage of immovable property or pledge or hypothecation of some movable property, or to any beneficial interest in movable property, not in possession either actual or constructive of the claimant.
The contract of insurance is based on good faith, the insured /prospect have to disclose all relevant facts, required by the insurance company to underwrite risk and decide premium.
A lease of immovable property is a transfer of a right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised.
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