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IASB’s Exposure Draft: Amendments to Financial Instruments Standards

December 12, 2023 672 Views 0 comment Print

Explore proposed amendments to IAS 32, IFRS 7, and IAS 1 in the Exposure Draft by IASB. Learn how the changes address challenges in classifying complex financial instruments. Submit your comments by February 10, 2024.

SEBI Consultation Paper: Framework for REITs & InvITs Subordinate Units & Employee Benefits

December 12, 2023 1203 Views 0 comment Print

Explore SEBI’s proposed framework for subordinate unit issuance and unit-based employee benefits in REITs and InvITs. Provide your insights on the regulatory requirements and recommended changes for public consultation

RIL’s Foreign Asset Acquisitions: Tax Liabilities and Details

December 12, 2023 1359 Views 0 comment Print

Explore the tax liabilities, including GST, on Reliance Industries Ltd.’s acquisitions of foreign assets like Stoke Park, Hamley, and Mimosa Network. Get insights into RIL’s acquisitions in the last five years

GST Rates For Stationery Items And Online Education

December 12, 2023 7185 Views 0 comment Print

Explore GST rates on stationery items used by students and online education services. Learn the reasons behind these rates and the government’s stance

India-Cyprus Double Tax Treaty: Benefits, Tax Recovery & Golden Passport

December 11, 2023 1893 Views 0 comment Print

Explore the details of India’s Double Tax Treaty with Cyprus, its signing date, benefits for both nations, tax recovery provisions, and insights into Cyprus’s Golden Passport program

Government’s Response to TDS Evasion

December 11, 2023 954 Views 0 comment Print

Introduction: The Government of India, under the Ministry of Finance, has recently responded to pertinent questions in the Lok Sabha regarding tax evasion, particularly focusing on the evasion of TDS. The queries address concerns related to the disbursement of lottery prizes, potential amendments to tax laws, and actions taken against lottery distributors involved in GST […]

Join Live Webinar on Why India Needs Urgent Tax Reform

December 11, 2023 5325 Views 0 comment Print

Join our FREE webinar and learn how India can achieve a fairer and more efficient tax system for all. Low tax collection rates, alarming debt position and untapped potential of digital transactions will be discussed!

Cabinet Approves Rs 2500 Cr for Interest Equalisation Scheme till June 2024

December 10, 2023 642 Views 0 comment Print

Cabinet Approves Additional Allocation of Rs 2500 Crore for Continuation of Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit Till 30.06.2024 In a significant move aimed at supporting the country’s export sector, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has given its nod to an additional allocation of Rs […]

SEBI Fast Track Public Issuance of debt securities : NCS & LODR Regulations Review

December 9, 2023 1695 Views 0 comment Print

SEBI’s consultation paper on NCS and LODR Regulations for fast track public issuance of debt securities. Share your insights by December 30, 2023.

KSCAA submits Probable resolutions to spate of high pitched assessments

December 9, 2023 3267 Views 0 comment Print

Read KSCAA’s representation to the Commissioner of Income Tax, addressing practical issues faced by taxpayers and suggesting solutions. Recommendations focus on fair assessments and reducing appeals.

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