In a move to reduce the compliance burden of taxpayers, the Council decided to take measures for decriminalisation of the existing provisions of law. The minimum threshold of tax amount for launching prosecution under GST has been raised from Rs. One Crore to Rs. Two Crore, except for the offence of issuance of invoices without supply of goods or services or both.
Poverty in India cannot be solved by printing more currency notes. It requires a comprehensive strategy that involves economic growth, better public services, foreign aid, and targeted efforts to reduce inequity and inequality.
Whether or not the assessee was entitled to a deduction for interest paid on a loan used to purchase a residential home since he had not taken possession of the property
This research paper assesses barriers, enablers & implications of corporate law in developing countries. Discover how lack of legal infrastructure impacts corporate law & its effects on investment opportunities.
The Reserve Bank of India is tasked with maintaining the price stability of the Indian Rupee and regulating banking & financial institutions. Learn how the RBI works to achieve economic growth & low inflation.
Learn more about the GST Applicability on Free Samples & Supplies in India. Does providing free or sample products count towards GST? What qualifies as a free sample?
Get to know the 7 post incorporation compliances required by private limited companies as per Companies Act, 2013. Learn how to ensure compliance with the first board meeting rules and setting up of a registered office address within 30 days.
The Draft Common ITR Form by CBDT – learn how it simplifies tax return filing process? Will it really work? Find out more here!
Taxing unexpected profits earned due to windfalls of war, pandemic, or other unforeseen events: learn all about Windfall Tax. Optimize for Flexible Windfall Tax!
Sustainability Reporting Standards Board (SRSB) issues this Standard on Sustainability Assurance Engagements (SSAE) 3000, Assurance Engagements on Sustainability Information.
