Tax exemption to ameliorate stress due to COVID-19 The Government has decided to provide income tax exemption to the amount received by a taxpayer for medical treatment from an employer or from any person for treatment of COVID-19 during the financial year 2019-20 and subsequent years. This was stated by Minister of State for Finance […]
Consultation Paper for introduction of Swing Pricing is to solicit public comments / views on the proposal to introduce swing pricing mechanism to ensure fairness of treatment of entering, exiting and existing investors in Mutual Fund schemes, particularly during market dislocation.
Clarification regarding applicability of IGST on repair cost, insurance and freight, on goods re-imported after being exported for repairs, on the recommendations of the GST Council made in its 43rd meeting
Taxability of the Residents’ Welfare Association has always been a delicate issue due to the sheer number of stakeholders who get affected by it. While the government has always tried to protect the middle- and lower-class residents, it had shown no intention of completely exempting tax for the others.
DCIT Vs Sahara India Sahkari Awas Samiti Ltd. (ITAT Delhi) In DCIT v. Sahara India Sahkari Awas [ITA Nos.2481 & 2482/Del/2011 and CO Nos.221 & 222/Del/2011 decided on July 19, 20201] Sahara India Sahkari Awas (Respondent), a cooperative society of Sahara India group and is engaged in the business of development and construction of residential […]
A cheque could be a medium of exchange that promotes cashless transactions in a degree economy. The utilization of cheques as a medium of exchange has exaggerated with time. Folks like better to offer cheques in transactions, rather than carrying currencies. Carrying currencies, particularly once the number is simply too giant, could be a risky business.
A trademark is a sign capable of distinguishing the goods or services of one enterprise from those of other enterprises. Trademarks are protected by intellectual property rights.
Banks and monetary establishments punctually registered with the bank of Asian countries give loan facilities to legal entities and people. within the event wherever the recipient fails to repay loan quantity or any half therefrom that additionally includes unpaid interests and different charges and/or debt becomes Non-Performing plus, banks, and monetary establishments will recover the […]
A wing was established in 1952 by the Government of India called The Wireless Planning & Coordination (WPC). WPC is a branch of Department of Telecommunications established under the Ministry of Communications and Information Technology of the Government of India.
The number of new companies incorporated in the Country under the provisions of the Companies Act, 2013 from April 2021 to June, 2021 is 36,191 as compared to 18,968 number of new companies in the corresponding period of last year which is an increase of 17,223 number of new Companies.
