Equalisation levy was initially brought to impose tax on online advertisement including provision of digital advertising space on certain entities which did not have any physical presence in India but which earned revenue from Indian advertisers.
Having Physical Gold locked up in your SAFE or Locker earning no income..? Then this is a wakeup call for you..!
Due to the ongoing pandemic considering the difficulties for the taxpayers, various relaxations for the taxpayers were provided by the GST council.
Annual General Meeting (AGM) has been defined under Section 96 of the Companies Act, 2013. It can be considered as an annual gathering of Directors and Shareholders / members of the Company to discuss the future of the Company and also company's overall performance is analyzed.
E Way Bill is Mandatory in a case where the goods are being sent by a Principal located in one state to a Job worker located in any other state, the E Way Bill shall be generated by the principal irrespective of the value of the Consignment.
House Rent Allowance (HRA) is generally considered as a part of salary component and is generally added in the salary structure to help the individual to save tax
Applicability of GST on Directors Remuneration
he Consumer Protection Act, 2019, seeks to revamp the process of administration and settlement of consumer disputes, with strict penalties, including jail term for adulteration and misleading ads by firms.
CBDT has notified some key changes in ITR forms for AY 2020-21. The major changes made this year in all ITR seek certain questions to be answered by the taxpayers, questions related to deposits made over Rs 1 crore
Equalisation Levy is to be charged at the rate of six per cent of the amount of consideration received or receivable by a non-resident.
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