A host of measures have been proposed in the Finance Bill 2021, which is targeted to provide relief to both, the affordable house buyers as well as the developers of affordable housing projects.
This document summarises the changes made/proposed in the Union Budget 2021, under Customs and Excise - Section wise in a comparative manner, for easy digest.
The current financial year (2020-21) has been truly a year of radical reforms in tax administration driven by digitalization. Discussing some of those reforms announced in Union Budget 2021.
This document summarises the key highlights of the Direct Tax Proposals of the Union Budget 2021, for easy digest. The budget, which rests on 6 pillars, was announced by FM on 1st Feb 21.
In, significant changes to the taxation process, among other tax measures, the FM recommended a paradigm change to the provisions relating to “Assessment in case of search or requisition viz. Section 153A to 153D” and Income Tax Settlement Commission.
Introduction of Equalisation Levy in India was back in 2016, with the intention of taxing the digital transactions i.e. the income accruing to foreign e-commerce companies from India.
Discussing Section 194IC of the Income Tax Act, which deals with the TDS on Payment Made Under Specified Agreement including the provisions for Joint Development Agreement.
The budget presented on 1st Feb 2021 has brought some good news for the assesses but adverse news for professionals like CMAs and CAs on the GST front, with regard to the discontinuance of GST Audit.
Providing a thorough summary, including direct and indirect tax proposal of the Union Budget 2021-22 which was presented in the parliament on 1st Feb 21, by FM Smt. Nirmala Sitharaman.
The Union Budget 2021 was presented in the parliament by FM Smt. Nirmala Sitharaman. Discussing the amendments made in the CGST and IGST Act 2017, along with other Indirect Tax Proposals.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English