Supreme Court Changes Tax Relationship Between Airlines And Their Agents Case Details : Singapore Airlines Ltd. Vs C.I.T (Supreme Court of India); Civil Appeal No. 6964¬6965 of 2015; Dated: 14/11/2022 Section 194H- The provision requires deduction of tax at source (“TDS”) at 10% plus surcharge from …
A common investor generally does not have profound knowledge of basic financial concepts. It is seen that people often use financial and economic terms loosely without understanding its proper meaning. Gaining financial fluency allows you to evaluate news, understand economic trends and financial implications to plan …
As you are aware that a Company Secretary in a company is the Principal Officer and acts as a link between the Board of Directors, the company and government, regulators, judicial agencies, courts, enforcement agencies etc. A Company Secretary is responsible for compliance and disclosures of …
Cabinet approves signing of Memorandum of Understanding between the Institute of Chartered Accountants of India (ICAI) and The Institute of Chartered Accountants in England & Wales (ICAEW) The Union Cabinet, chaired by the Hon’ble Prime Minister Shri Narendra Modi, has approved the signing of Memorandum of …
Demonetisation, inter alia, led to detection of black money, increase in tax collection and widening of tax base. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Lok Sabha today. Giving more information, the …
Vivek Johri, Chairman, Central Board of Indirect Taxes and Customs (CBIC), has said that Rs 1.5 lakh crore in goods and services tax (GST) collection has become the new normal and that the Board is confident that it will cross this figure in the coming year. …
The Reserve Bank on Tuesday announced its second global hackathon — ‘HARBINGER 2023 – Innovation for Transformation’ with the theme ‘Inclusive Digital Services’. Fintechs have been invited to develop solutions that have the potential to make digital financial services accessible to the differently-abled, facilitate efficient compliance, extend the …
After two months, the State Bank of India (SBI) has raised interest rates on select fixed deposits (FDs) by up to 25 basis points(bps). According to the SBI website, the increase in FD interest rates ranges from 5 basis points to 25 basis points. The increased …
G.S.R 91(E).—In exercise of the powers conferred by section 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. Short title and commencement.— …
