As, all we know that Taxes in India are levied by the Central Government and the State Governments. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes bet
The prevailing withholding tax is deducted at source, and is 1% of the consideration payable to the seller. It is the responsibility of the buyer to deduct the tax and deposit the same in the government treasury�
Every year, all company taxpayers need to file form MSME-1 by a notification dated 2nd November 2018 but it holds a huge significance this year as the payments would be disallowed by the Income Act authorities if payment is not made within 45 days.
"I told you not to invest in India. Look whats happening there" said Anvesh, a 35 year old NRI IT professional, to his colleague Niraj. Rupee has slid so much against the dollar. The markets have fallen so much. The GDP
Sec 10(34A) "any income arising to an assessee, being a shareholder, on account of buyback of shares (not being listed on a recognized stock exchange) by the company as referred to in section 115QA"
GST - Get Set To Implement........ - Neha Limaye, Practicing Company SecretaryAs a step towards indirect tax reforms in India, Finance Minister, while presenting Budget 2006, had proposed introduction of Goods and Services Tax [GST] by April 1, 2010 and
�Dandiaya between Income Tax TDS & GST TDS� Arjuna (Fictional Character): Krishna, Navratri festival is coming. Dandiya (Garbha) will b
Right from the common man to the corporates and foreign investors, where everyone was expecting the government to deliver a reform-oriented Budget, but the changes proposed in the Budget announced by the Hon’ble Finance Minister took all the ho
Start Up: The common man understands the word start up that when he starts any business. And the same is exactly true. But this word 'START UP' is the word of every mouth since January 16, 2016. Because our Prime Minister Narendra Modi ha
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English