Concessional rate of Short-term Capital Gains (STCG) tax to certain equity-oriented fund of funds.
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Concessional rate of Short-term Capital Gains (STCG) tax to certain equity-oriented fund of funds. In order to incentivise fund of…
Budget
Cancellation of registration of the Trust or Institution
Cancellation of registration of the Trust or Institution Section 12AA of the Act prescribes for manner of grating registration in…
Buy back of shares taxation- Extended to listed companies also
Buy back of shares taxation- Extended to listed companies also Section 115QA of the Act provides for the levy of…
No more CD & Pen drive. Electronic filing of statement of transactions on which tax has not been deducted to be allowed
No more CD & Pen drive. Electronic filing of statement of transactions on which tax has not been deducted to…
Two Incentives for start-ups proposed in Union Budget – 2019
Two Incentives for start-ups proposed in Union Budget – 2019 (1) Section 79 of the Income Tax Act provides conditions…
Incentive to National Pension System (NPS) subscribers
Incentive to National Pension System (NPS) subscribers Under the existing provisions of section 10 of the Act, any payment from…
Exemption of interest income of a non-resident arising from borrowings by way of issue of Rupee Denominated Bonds referred to under section 194LC
Exemption of interest income of a non-resident arising from borrowings by way of issue of Rupee Denominated Bonds referred to…
Relaxation in conditions of special taxation regime for offshore funds
Relaxation in conditions of special taxation regime for offshore funds Section 9A of the Act provides for a safe harbour…
Non-Banking Finance Companies (NBFCs) are getting at par with bank – Section 43B & 43D to be amended
Non-Banking Finance Companies (NBFCs) are getting at par with bank – Section 43B & 43D to be amended The existing…
Plethora of Incentives to International Financial Services Centre (IFSC):
Plethora of Incentives to International Financial Services Centre (IFSC): In order to promote the development of world class financial infrastructure…
Section 269SU: Landmark Change by the Union Budget – 2019
Section 269SU: Landmark Change by the Union Budget – 2019 Now, it is mandatory for the person with turnover exceeding…
Various provisions to be amended to recognize various digital mode as acceptable under the Income Tax Act -1961
Various provisions to be amended to recognize various digital mode as acceptable under the Income Tax Act -1961 There are…
Key Tax Proposals in Union Budget – 2019
Key Tax Proposals in Union Budget – 2019 Income-tax 1. The threshold limit for reduced tax rate of 25%…
Person paying electricity bill exceeding Rs. 1 Lakh in a year will be required to file income tax return
Person paying electricity bill exceeding Rs. 1 Lakh in a year will be required to file income tax return Widening…
Payment towards amenities like club membership fee, car parking fee, electricity and water etc at the time of purchase of immovable property
Payment towards amenities like club membership fee, car parking fee, electricity and water etc at the time of purchase of immovable…
Now, gift received by NRI non relative will be taxable in India
Now, gift received by NRI non relative will be taxable in India Section 9 of the Act relates to Income…
Budget – 2019 Special: CA Naresh Jakhotia Additional benefit of Rs. 1.50 Lakh towards housing loan is like an apple you can’t eat
Budget – 2019 Special: CA Naresh Jakhotia Additional benefit of Rs. 1.50 Lakh towards housing loan is like an…
Importance of Aadhar Widened
Importance of Aadhar Widened Like social security number in developed countries, India will be using Aadhar Number and it may…
