Source: The Economic Times The format for Form 16 has been revised by the Income Tax department. It added various details, including income from house property and remuneration received from […]
According to the Income Tax laws of India, if the taxable income exceeds the basic exemption limit, every taxable person is liable to pay taxes on his/ her income. However, […]
Source: Business Standard The inclusion of GST and GAAR (General Anti-Avoidance Rules) details in the tax audit report has been kept in abeyance till March 31, 2020, by the Income […]
Source: The Economic Times If you are working in India for foreign companies, then you are allowed to accept compensation or remuneration in India. Those who are resident in India […]
Source: The Hindu BusinessLine GST refunds are likely to be processed automatically for exporters of goods and services and suppliers to SEZ units from the month of June. The revenue […]
If you are a real estate stakeholder and are confused regarding GST, then this list of FAQs by FinMin will help you. In case you bought an apartment from a […]
Source: Business Today The GST Council extended the deadline by 10 days till May 20, allowing realty firms to opt for the old GST rate. This would also include an […]
Source: The Economic Times The Central Board of Direct Taxes (CBDT) issued a circular on May 6, 2019, in which it has asked employers or ‘deductors’ to download Part B […]
Source: Times of India Conflicting rulings from tax authorities of advance rulings have resulted in confusion in different states on the applicability of GST on annual maintenance contracts. The various […]