News & FAQs | By ALOK PATNIA | Mar 13, 2015
We are in the middle of the month of March wherin we are surrounded by thoughts of payment of advance tax and due date for payment of adv...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Mar 7, 2015
What happens when all directors of a company resign altogether? Imagine a super hit show. Prime time slot…top actors…award winning direct...
News & FAQs | By ALOK PATNIA | Mar 4, 2015
As now we have entered the month of March, the pressure has risen to a level to finalize/ close the books of accounts. We need to close o...
News & FAQs | By ALOK PATNIA | Mar 4, 2015
In a surprise move, the Reserve Bank of India (RBI) cut the repo rate by 0.25 basis points to 7.5% on Wednesday morning with immediate ef...
News & FAQs | By ALOK PATNIA | Mar 3, 2015
Good news for Indian Companies: this Budget provides royalty and technical services at a lower rate. The provision of Sec. 115A: Specif...
News & FAQs | By ALOK PATNIA | Mar 2, 2015
Make in India, an initiative of the Government of India, to encourage companies to invest in the manufacturing sector in India. The major...
News & FAQs | By ALOK PATNIA | Feb 28, 2015
Jaitley announced various amendments in Service Tax. To know what amendments are incorporated in Service Tax in Budget 2015 read: Change ...
News & FAQs | By ALOK PATNIA | Feb 28, 2015
The Finance Minister highlighted the role of indirect tax in the context of promotion of domestic manufacturing and Make in India. Thus, ...
News & FAQs | By ALOK PATNIA | Feb 28, 2015
The highlights of budget 2015 presented by the Finance Minister are as understated: BUDGET ESTIMATES Non-Plan expenditure estimates for t...
News & FAQs | By ALOK PATNIA | Feb 28, 2015
Tax proposals in Budget 2015-16 for the common middle class tax payers benefit them in various ways. Budget 2015 which was expected to us...
News & FAQs | By ALOK PATNIA | Feb 28, 2015
The Finance Minister Arun Jaitely, for simplifying the tax regime has proposed to abolish the concept of Wealth Tax from India. In his sp...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Feb 19, 2015
In the Bhansali & Co. vs. Assistant Commissioner of Income-tax, it was held that Interest charged as LIBOR plus 200 basis points on f...