News & FAQs

Changes brought in by Budget’2014 in TDS Provisions

News & FAQs | By ALOK PATNIA | Jul 18, 2014

The Indian Income Tax Act’1961 provides for chargeability of tax on the total income of a person on an annual basis. The concept of TDS...

Clarification with regards to Related Party Transactions

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Jul 18, 2014

Just after the announcement from Nirmala Sithraman that the Companies Act, 2013 might be amended; the MCA has started issuing notificatio...

Is ache din finally coming ? No more requirement of affidavits from a notary

News & FAQs | By ALOK PATNIA | Jul 15, 2014

Narendra Modi seems to be doing well on his promises. Is ache din finally coming ? No more requirement of affidavits from a notary In wh...

Budget 2014 – Now you can go back and implement advance pricing agreements in earlier years...

The existing provisions of section 92CC allows the IT Department to enter into an advance pricing agreement, with the approval of the Cen...

Hold on – Budget tax benefits only when the bill is passed in parliament in August

News & FAQs | By ALOK PATNIA | Jul 15, 2014

Source : PTI / Economic Times Salaried employees would have to wait for one more month to avail the tax benefits announced in the maiden ...

Empowering MSME’s growth, the right way…

News & FAQs | By ALOK PATNIA | Jul 14, 2014

With another effort to promulgate entrepreneurial growth of the MSME’s, the interim budget unveiled VCFs with a corpus of Rs 10,000 cro...

What Narendra Modi Government had in its Budget for Industrial Sectors?

News & FAQs | By ALOK PATNIA | Jul 14, 2014

Although the First Budget of NDA Government may not have been able to please all the sectors, but the Finance Minister has taken steps wh...

Effect of Union Budget 2014 on IT and Telecom Sectors

News & FAQs | By ALOK PATNIA | Jul 11, 2014

The longest budget speech ever?? Certainly a top contender in the race. Populist budget?May be…may be not. Micro? But none of the a...

Save more with tax exemptions – 4 Big Impact of Budget 2014 on Individuals

The Budget 2014 was long awaited with an expectation to give greater benefits to taxpayers. With the Budget going live today the Finance ...

Budget’2014: Service Tax now leviable on online and mobile advertisement

News & FAQs | By ALOK PATNIA | Jul 10, 2014

With the end of the most awaited Budget’2014 speech, the Finance Minister Arun Jaitley made some important announcement for the media &...

Was it the longest budget speech by a Finance Minister ? Budget 2014

News & FAQs | By ALOK PATNIA | Jul 10, 2014

This budget perhaps was the longest in terms of speech by a Finance Minster, we have got full speech for you. Read on ..  Budget  2014-...

12 changes in Service Tax Provisions – Budget 2014

News & FAQs | By ALOK PATNIA | Jul 10, 2014

Annual Budget was announced on 10th July 2014, in this article, we would focus on  12 changes in Service Tax Provisions – Budget 2...

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