set to be implemented in 2013, would subject similar future deals to tax in India. But the Indian parliament went a step further, amending the country’s 1962 Income Tax Act to make it as if the new taxes had been in effect all along. ...
In the GST Registration Number field, select a value. Save the record. On the Values FastTab, in the Main account field, select a value. 注意 The list of accounts is generated dynamically, based on the posting profile from the configuration. Tax main accounts can be defined at the level ...
Bloomberg: “Thailand Expects $2 Billion in Stimulus From Tax Rebate Plan.” Bloomberg, also: “Japan Ruling Parties Agree Tax Plan as Possible Ally Objects.” Reuters: “India's tax panel rejects airlines' call to add aviation fuel to GST regime.”...
The full form of GST isGoods and Services Tax. It is an indirect tax levied on the supply of goods and services across India. This comprehensive tax system is designed as a multi-stage, destination-oriented tax applied at each point of value addition in the supply chain. By replacing multi...
The following sections list the services that TDS is applied on, as specified by the Government of India.ResidentsIncome from salaries (Under section 192) Income from interest on securities (Under section 193) Income from dividend (Under section 194) Income from interest (Under section 194A) ...
Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India. Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just ...
At the macro level, the PMIS is a step towards India’s goals of employment generation and skill development. Based on the list of 500 companies released, it is seen that the internships are being offered in diverse sectors, ranging from manufacturing, automotives and textiles, to banking, ...
Order no. 906/2023 provides, on the one hand, the Procedure regarding the elaboration and transmission by the fiscal control structure of the list of fiscal liabilities that may be subject to the annulment provided by Law no. 43/2023 for the annulment of some fiscal liabilities, and on the...
The differential multiple tax regime across sectors of production leads to distortions in allocation of resources thus introducing inefficiencies in the sectors of domestic production. With regard to India€s exports, this leads to lack of international competitiveness of the sectors which would have bee...
April 11, 2024CA Preeti Punihani (Ex-employee)Income Tax News and Articles, Taxes in India 5 Minutes Read Individuals with income exceeding more than the basic exemption limit are required to file an Income Tax return within the due date and if the person fails or misses the due date then...