BudgetUnion Budget- 2020: New Compliances for the Charitable Trust & Institutions17 Feb 20200Union Budget- 2020: New Compliances for the Charitable Trust & Institutions One of the sectors where substantial changes are proposed…
BudgetBudget Highlights14 Feb 20200Budget Highlights No change in Tax Rates. Surcharge and Cess to continue as existing. However a new Section 115…
BudgetUnion Budget 2020: Now, Tax Collection at Source (TCS) on foreign remittance through Liberalised Remittance Scheme (LRS)and on selling of overseas tour package as well as TCS on sale of goods over a limit.13 Feb 20200 Union Budget 2020: Now, Tax Collection at Source (TCS) on foreign remittance through Liberalised Remittance Scheme (LRS)and on selling…
BudgetBudget 2020: Forget ease of business, seller with turnover exceeding Rs. 10 Cr liable to collectTax At Source (TCS) on its sale if the transactions with any purchaser exceeds Rs. 50 lakh in a year12 Feb 20200 Budget 2020: Forget ease of business, seller with turnover exceeding Rs. 10 Cr liable to collectTax At Source (TCS)…
BudgetKey Tax Amendments for Residents Taxpayers by Union Budget 202011 Feb 20200Key Tax Amendments for Residents Taxpayers by Union Budget 2020 Number of amendment is proposed for residents taxpayers in…
BudgetUnion Budget 2020 & NRI Taxation: An overview11 Feb 20200Union Budget 2020 & NRI Taxation: An overview The period of recognising the person as resident vis a vis non…
BudgetUnion Budget 2020: Ease of doing business vs. New TCS Compliance Burden11 Feb 20200Union Budget 2020: Ease of doing business vs. New TCS Compliance Burden Every budget have some proposals either to widen…
BudgetBudget 2020: Clarification on NRI provisions.7 Feb 20200Budget 2020: Clarification on NRI provisions.
BudgetSummary of Union Budget 2020-211 Feb 20200 Summary of Union Budget 2020-21 UNION BUDGET 2020- 21 PRESS INFORMATION BUREAU GOVERNMENT OF INDIA ****** Summary of Union…
BudgetBUDGET AT A GLANCE1 Feb 20200Budget at a Glance: Highlights on GST Benefit to MSMEs through enhanced threshold and composition limits. 20 per cent…
BudgetProsecution provision rationalized under section 276CC15 Jul 20190Prosecution provision rationalized under section 276CC The existing provisions of section 276CC of the Act, inter alia, provide that prosecution…
BudgetRationalisation of penalty provisions relating to under-reported income15 Jul 20190Rationalisation of penalty provisions relating to under-reported income At present, section which levies penalty for mis reporting or under reporting…
BudgetCompliance with the notification of exemption issued under section 56(2)(viib)15 Jul 20190Compliance with the notification of exemption issued under section 56(2)(viib) The provisions of section 56(2)(viib) of the Act provides for…
BudgetRationalisations of provisions relating to maintenance, keeping and furnishing of information and documents by certain persons u/s 92D. 15 Jul 20190Rationalisations of provisions relating to maintenance, keeping and furnishing of information and documents by certain persons u/s 92D. Section 92D…
BudgetNot full amount, but only difference is liable for taxation on maturity proceeds of Life insurance premium if it is not exempt u/s 10(10D)15 Jul 20190Not full amount, but only difference is liable for taxation on maturity proceeds of Life insurance premium if it is…
BudgetTax Break to the buyer of electric Vehcile- A welcome proposal in Union Budget – II15 Jul 20190Tax Break to the buyer of electric Vehcile- A welcome proposal in Union Budget – II “We do not inherit…
BudgetNot only car, even purchase of electric two wheeler will offer tax benefit u/s 80EEB – A welcome proposal in Union Budget – II12 Jul 20190Not only car, even purchase of electric two wheeler will offer tax benefit u/s 80EEB – A welcome proposal in…
BudgetProvide for pass through of losses in cases of Category I and Category II Alternative Investment Fund (AIF)11 Jul 20190Provide for pass through of losses in cases of Category I and Category II Alternative Investment Fund (AIF) Section 115UB…