One of the objectives of the Insolvency and Bankruptcy Code, 2016 (Code), as stated in its preamble, is to ‘balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues.’
EXISTING AND EMERGING FRAMEWORK OF TAX PLANNING AND INTERNATIONAL TAXATION (LATEST AND SIMPLIFIED) Tax Planning assumes significance in a growing economy like India. We need concrete Tax Planning measures to strengthen our industries and savings. It is not tax evasion. Tax planning from salaried persons, pensioners and Corporate houses are needed to avoid tax costs […]
The Companies which are listed on stock exchanges has to mandatorily comply with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2018 or SEBI (LODR). These regulations pave a way for aligning with some of the best practices followed globally and bring in a focus on corporate governance by way […]
Rates of Tax on Job Work wef from 01st October, 2019 Difference between Entry 26(id) and 26(iv) of Notification No. 11/2017-CTR On 30th September 2019, CBIC had issued a Notification No. 20/2019-Central Tax (Rate) to give effect to Recommendations made by GST Council in its 37th Meeting held in Goa. By this Notification No. 20/2019-Central Tax (Rate), CBIC […]
If only a part of the amount deposited in the Capital Gains Account Scheme is utilized for the construction or purchase of a new asset within the specified time, income tax is chargeable on the unutilized amount.