Direct Tax Updates: The Income tax (I-T) department has relaxed its assessment and scrutiny norms for start-ups. In a circular… Read More
Indirect Tax Updates: The Maharashtra government would soon issue an order whereby GST refunds would be blocked if an industrial… Read More
As per section 90 read with Companies (Significant Beneficial Owner) Rules, 2018. Every individual, who acting alone or together, or… Read More
Good news For Income Tax Return Fillers: ITR Filing: Good News! Income tax return filing process simplified; Big relief in… Read More
Direct Tax Updates: Income tax registration U/s. 12AA cannot be denied for one suspicious donationIf the genuineness of a donation… Read More
Direct Tax Updates: CBDT has notified changes in Form 16, the certificate issued by employers for tax deducted at source… Read More
Direct Tax Updates: Direct tax revenue has grown 78 percent i.e 11.37 lakh Crores from 2014 to 2019. Propose to… Read More
What is distinction between NRO, NRE, and FCNR A native of India or a person of Indian descent who is… Read More
Indirect Tax updates: Policymakers could merge the 12% and 18% slabs under the goods and services tax going forward as… Read More
Direct Tax Updates: CBDT has tightened framework for compounding of offences almost shutting the window for money laundering, non-disclosure of… Read More