At the time of penning this, the COVID-19 crisis is increasing exponentially all over the world. Global leaders and organizations are doing their best to manage this crisis. Even so, the boundaries are getting severely stretched. However, it is not just a macro crisis that needs to be handled at a global level.
News & FAQs | By ALOK PATNIA | Last updated on May 7, 2012
After weeks of protest by both foreign and Indian investors, FM Pranab Mukherjee on 7th May 2012 announced that the General Anti-Avoidanc...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Nov 22, 2019
Health and fitness service refers to any service for physical well- being such as sauna and steam bath, Turkish bath, solarium, spas, r...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019
Records are required to be maintained by every business entity under various Acts as prescribed. Under Service Tax also records are requi...
News & FAQs | By ALOK PATNIA | Last updated on May 7, 2012
As per The Economic Times: Organised workers may soon be able to maintain their retirement savings while changing jobs because the Employ...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Nov 22, 2019
Input tax – It is the tax paid by the dealer on his local purchases of business inputs, which include raw material, goods that he purch...
News & FAQs | By ALOK PATNIA | Last updated on May 5, 2012
To attract inflows in view of falling rupee, the Reserve Bank today raised the interest rate ceiling on NRI deposits in foreign currencie...
News & FAQs | By ALOK PATNIA | Last updated on May 5, 2012
A major Foreign liquor arm of the Andhra Pradesh government is caught in a row with the Income Tax Department. The Income Tax Department,...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
There are different circumstances in which an Assessing Officer and Income Tax Officer shall refer the Valuer Officer in order to ascerta...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Jul 28, 2020
Service tax registration is no more a cumbersome process for any assessee who wants to register in Service Tax. Nowadays, online filing a...