Angel tax is a prime example of how even well-intentioned actions can backfire. The difference between the issue price of unlisted securities and their fair market value (FMV), which must be calculated by a merchant banker using either the book value technique or discounted cash flow …
A fund Will Be Treated As A Corpus Only If Followed By A Specific Written Direction Of The Donor. In The Absence Of A Written Direction Of The Donor, A Contribution Or Grant Cannot Be Transferred. Still, The Corpus Fund Is A Closed Fund With No …
Goods, as well as services, have been defined in the GST Law. The securities are excluded from the definition of goods as well as that of services. Money is also excluded from the definition of goods as well as services, however, activities relating to the use …
Direct Tax Collections for F.Y. 2022-23 at ₹15.67 lakh crore – 24.09% higher than gross collections for corresponding period of last year as on 10.02.2023 Direct Tax collection, net of refunds, stands at ₹12.98 lakh crore – 18.40% higher than net collections for corresponding period of …
Every year, people move countries for better education, training, and jobs. Income and net earnings’ taxation in their home country worries people who make most of their money from salary, consulting, and other professional services. Because an individual is taxed on his global income in the …
Corporate Compliance Calendar For The Month of February, 2023 contains Compliance Requirement Under Income Tax Act, 1961, Goods & Services Tax Act, 2017 (GST), Other Statutory Laws, Foreign Exchange Management Act, 1999 (FEMA), External commercial Borrowings, SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015, , …
Registration for Online Home-Based Practical Training Assessment The next practical training assessment is being conducted online on March 4-5, 2023. The students who have completed their 1st/ 2nd year of practical training during April 1, 2022 – December 31, 2022 are eligible to appear in this …
India’s economic imperative is to feed, clothe, educate and empower more than a billion people in ways that conserve and grow its natural, cultural and social heritage. This cannot be achieved through the efforts of conventional commercial capital alone. By revolutionising the state of play in …
