Recommendation of 8.25% as rate of interest to EPF subscribers for FY 2023-24. Rulings Claim of undue influence by an employee who has voluntarily retired and accepted benefits, not acceptable. Recovery of excess payment of allowance due to adoption of wrong principle and erroneous calculation of...
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It appears that the Administration views the CAMT, which applies to a worldwide group (and thus includes income of foreign affiliates), as a domestic tax that would be partially pushed down to various foreign affiliates for purposes of measuring their effective tax rate under Pillar Two. ...
The FY 2024 Budget also proposes raising the corporate tax rate for C corporations from 21% to 28%. Other corporate tax changes aim to prevent corporations from avoiding dividend treatment for shareholders through certain property transfers, limit tax avoidance via leveraging in divisive reorganisations...
The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last three years.
employer for journey by the assessee from his residence to his office or other place of work, or from such office or place to his residence, shall not be regarded as a benefit or amenity granted or provided to him free of cost or at concessional rate for the purposes of this sub- ...
18 per cent as the tax rate The body wrote that games involving predominance of skill “should ideally be taxed at 18% on the platform fee as applicable for entry 998439 as “Other Online Content Not Elsewhere Classified” (NEC). What is 998439?It is a service code that includes games in...
Partnership Firm / Association of Person (AoP) / Body of Individual (BoI) Domestic Company Non-Resident Indian (NRI) Mutual Funds, Dividends, DDT and Tax Typically dividend is associated with stocks. A dividend is a portion of a company’s earnings that is returned to shareholders. But with...
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(31 gallons), and small brewers that domestically produce no more than 2 million barrels annually are subject to a rate of $7 per barrel on the first 60,000 barrels. The temporary provision reduces the rate for small brewers (producing no more than 2 million barrels) to $3.50 per barrel...