Taxmantra Global is battle-ready for the COVID-19 outbreak with full client delivery capability intact

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.

Blogs

E-way bill to be integrated with NHAI’s FASTag to track GST evasion from April 

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Jan 16, 2019

Credit: Livemint The GST e-way bill system is likely to be integrated with NHAI’s FASTag mechanism from April to help track movemen...

Panel to explore composition scheme for real estate

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Jan 16, 2019

Credit: Times of India   The government on Tuesday said that a seven-member panel of state finance ministers will consider the proposal o...

What easing GST compliance norms mean for credit ratings of SMEs

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Jan 15, 2019

News of simplification of the goods and services tax (GST) norms is welcome. Allowing composition dealers to file one annual return with ...

Income Tax Exemption Threshold May Go Up In Interim Budget

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Jan 15, 2019

Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from the present Rs. 2.5 lakh to Rs. 5 lakh ...

An India Singapore Corporate Tax comparison – What to expect when you start your business i...

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Jan 16, 2019

  Credit: Business Setup Worldwide   As one of the fastest-growing economies in the world with its recent economic reforms, India present...

FinMin considers steps to prevent composition dealers from charging GST from buyers

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Jan 14, 2019

Credit: Times Now   In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and s...

Companies may soon be able to rectify GST returns for Non-IT errors 

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Jan 14, 2019

Source:Economic Times   Indian businesses may soon be able to amend goods and services tax (GST) return mandated for carrying forward tax...

No TDS for long-term property lease premium, rules Mumbai’s Income-tax Appellate Tribunal

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Jan 11, 2019

BoI paid MMRDA the lease premium and additional premium for FSI (floor space index) along with interest and fee for delay in the construc...

32nd GST Council Meeting – Here is what in store for SMEs

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Jan 10, 2019

“Each one of these decisions is intended to help SMEs” 1. Exemption limit for GST registration – 20 lakhs replaced by 40 lakhs. For Hilly...

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