The Union Budget 2024 reduced the TDS rate on rent payments under Section 194-IB from 5% to 2%, effective October 1, 2024.
The Government of India has specified the due dates to pay Goods and Services Tax. The due date to pay GST is different for different types of taxpayers. If one fails to pay GST within the due date, one must pay the interest along with the GST dues for the delay period.
Ministry of Corporate affairs vide LLP (Second Amendment) Rules, 2018 dated Septemebr 18, 2018 brought manifolds changes in the process of incorporating LLP. Th..
The Scheme 'Sabka Vishwas Scheme 2019' has now been notified and is in operation from September 1, 2019, which would continue till December 31, 2019.
In this blog, I have tried to explain taxation of Virtual Digital Asset and yes crypto has not been given status of currency and it’s an asset on that to I have doubt of legality as taxing something does not make it "legal" as Income Tax Act tax income from betting and smuggling, also never the less it’s another topic of debate.
SPICe+ is the new form by the government to make it further easier for incorporating a business in India. The new web form, Simplified Proforma for Incorporating Company Electronically Plus (SPICe+), integrates various services from various ministries and departments.
Recently there is a controversy whether time barred debt is admissible for intiation of insolvency proceedings under IBC Code.On the very onset it is very much ..
The term related-party transaction refers to a deal or arrangement made between two parties who are joined by a preexisting business relationship or common interest.
Clarification regarding optional filing of Annual Return under GST
The CBDT on 31st March 2020 provided relief to many taxpayers and extended the validity of lower/nil TDS/TCS.
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