Relief provided by Regulatory Authorities relevant till 30 June due to COVID 19
As soon as the budget is presented, We see a deluge of analyses and memes coming our way. However, readers of this blog know that we choose to wait for clarifications and finer details so that readers get the right perspective for themselves.
As per Income tax act, 1961 there are 5 heads of income under which an assessee may have to pay the taxes and these assessee includes the residents and Non-residents.
As per the World bank's Forewarn the global economy is going to shrink by 5.2% this year resulting into a global economic crisis deepest recession catastrophe ever in decades.
When an NRI sells its property Situated in India then his major concern is taxation. It is seen that when a person starts living outside India then subject to the provisions of the Income-tax act, 1961, he becomes the resident of such a foreign country and liable to pay his taxes in such a country.
Because of the outbreak of the COVID-19, there is a capital Crunch in business. Here are 11 possible ways of Refinancing your business. Learn the art of fundraising.
A deduction is available under Section 80DD of the I-T Act to a resident taxpayer, if he has incurred expenses for medical treatment, training, and rehabilitation of a dependant parent, with disability
Relaxation in statutory and compliance matters announced by the FM
The first tranche of the Rs 20 lakh crore economic package
Coronavirus is impacting the Indian economy up to a great extent and it is affecting the Indian industries too. In the imports, India's dependence on China is enormous. Of the top 20 goods (at the two-digit HS Code) that India imports from the world, China accounts for a large share of the total.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English