Prime Minister Narendra Modi has inaugurated the annual conference – Rajaswa Gyan Sangam (RGS-2017) in New Delhi on September 1, 2017. The conference is jointly organised by Central...
The Goods and Service Tax (GST) Council has formed a selection committee under the chairmanship of cabinet secretary Pradeep Kumar Sinha to identify and recommend eligible persons for...
Recently, economist Bibek Debroy, a member of the NITI Aayog, recommended that the agricultural income above a certain threshold should be taxed. This brought back the question of...
Transfer pricing is one of the methods of tax avoidance. It refers to allocating expenses to high tax countries and profits to low tax countries to reduce tax...
One of the major taxation problems in India is the taxation on intangible products and services. These include Intellectual property (IP) such as patents, copyrights and trade secrets...
Lok Sabha has passed the Taxation Laws (Second Amendment) Bill, 2016 in the Lok Sabha. The Bill was introduced as some of the existing provisions of the Income...
Article 268 to 281 in the constitution of India deal with the distribution of tax revenues. These articles have been amended from time to time, for example 88th...
Residential status of the companies is an important factor in deciding their tax liabilities. The income tax act provides that a company is resident in India if it...
The thrust of new Government towards clean India has recently made the government to impose Swachh Bharat Cess of 0.5% on all services liable for service tax. The...
On behalf of the Income Tax Department, the National Securities Depository Limited (NSDL) established Tax Information Network (TIN). This is a source of the countrywide tax related data. ...
