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Salary received by NR in India not taxable
Direct Taxes (including International Taxation) | By Editor | Last updated on Oct 5, 2017
If assessee rendered services in USA and received salary in India from sister concern of US employer would be exempt from Indian taxatio...
Revision of Sukanya Samridhi Account Rules
News & FAQs | By Editor | Last updated on Mar 30, 2016
Recently government has revised the rules of Sukanya Samridhi Account. Finance Minister in his budget speech 2014-15 has announced a new ...
Govt. allows 100% FDI in marketplace
News & FAQs | By Editor | Last updated on Apr 6, 2016
The government of India today permitted 100 per cent FDI in the market place format of e-commerce retailing with a view to attract...
Who DO NOT need to file tax returns before 31st March 2016?
Direct Taxes (including International Taxation) | By Editor | Last updated on Oct 5, 2017
Apart from companies and businesses the end of a financial is also crucial for an individual. Usually busy looking after their business, ...
Legal enforceability of TERM SHEET is ZERO
Corporate Law & Intellectual Property Rights | By Editor | Last updated on Oct 5, 2017
Nowadays, when we talk about funding, we tend to synonymise it with Venture Capital or third party investment. When we find such investor...
Secret commission allowed as business expenditure
Direct Taxes (including International Taxation) | By Editor | Last updated on Oct 5, 2017
In Patel Brothers vs. Deputy Commissioner of Income Tax, the High Court held that if assessee does not keep a record of the secret commis...
Service tax on commission received and distributed among employees
Direct Taxes (including International Taxation) | By Editor | Last updated on Oct 5, 2017
Where assessee’s employees involves in promotion of client’s products, the service provided by assessee’s employees amo...
Get your company registered in 24 hours
Corporate Law & Intellectual Property Rights | By Editor | Last updated on Oct 5, 2017
Red tapism and delay has always been a synonym for the ‘Indian Bureacracy’. The Babu Culture has cost us heavily specially in the sector ...
Saving reduces with cut in interest rate in saving scheme- PPF
News & FAQs | By Editor | Last updated on Mar 19, 2016
After a satisfying Budget 2016, the Government has surprisingly hit the middle class by reducing the interest rate on all saving scheme l...
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