Typically, all salaried individuals contribute at least 12% of their salary to the Employees’ Provident Fund (EPF) account, and their employer matches the contribution. Employees can even voluntarily contribute up Continue Reading →
New Delhi: In what could radically transform the indirect tax administration system and the way business is conducted, India is looking at the possibility of introducing electronic invoicing under goods Continue Reading →
New Delhi: Goods and services tax (GST) on annual maintenance contracts (AMCs) is proving to be contentious issue for some of the white goods and electronics companies, which have decided Continue Reading →
The government has extended the deadline for uploading photos of business premises to June 15, giving corporates more time to comply with a provision aimed at spotting shell companies. “It Continue Reading →
In yet another attempt to increase transparency and minimize tax evasion, the Central Board of Direct Taxes (CBDT) has notified various changes in the formats of Form 16 and Form Continue Reading →
I am an NRI for the current financial year. For rendering service outside India, I received Indian salary in Indian rupees in my non resident ordinary (NRO) account and a Continue Reading →
Nearly everybody thinks that he pays too much tax. But in most cases the taxpayer does not make the best use of the tax benefits available to him. Sudhir Kaushik Continue Reading →
I received ₹50 lakh through inheritance. I gifted half of it to my aunt in Canada. Will I have to pay income tax on the full amount or the amount Continue Reading →
A report by UK’s competition watchdog calling for operationally splitting up the big four accountancy firms — Deloitte, PwC, EY and KPMG — could lead to some action in India Continue Reading →
When Google went public, in August 2004, it created two classes of stock. Class A shares were the ones sold to the public, each share coming with traditional voting rights: Continue Reading →
