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

Hike in Interest Rate of PPF to 8.8% – w.e.f 1st April 2012

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Nov 22, 2019

Government is on a drive to hike interest rate on small savings scheme i.e, on PPF (Public Provident Fund) which will be effective from 1...

Budget 2012 – Alternate Minimum Taxes for All

News & FAQs | By ALOK PATNIA | Last updated on Apr 6, 2017

Under the existing provisions of Income Tax Act, 1961 AMT (Alternate Minimum Tax) was applicable only on Limited Liability Partnerships (...

Sec 35CCD – Expenditure on Skill Development Projects

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017

APPLICABILITY – Where a Company incurs any expenditure (except expenditure in the nature of acquisition of any land/building) on any sk...

Sec 35CCC – Expenditure on Agricultural Extension Projects

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017

APPLICABILITY – Where an assessee incurs any expenditure on agricultural extension project notified by the Board in this behalf in acco...

Budget 2012 – TDS – Amendments and Implications

News & FAQs | By ALOK PATNIA | Last updated on Apr 6, 2017

Newly Inserted Sections Section 194LAA Section 194LC Amendments in existing Sections Section 193 Section 194E Section 194J Section 194LA ...

Budget 2012 impact on Individuals

News & FAQs | By ALOK PATNIA | Last updated on Mar 22, 2012

Budget 2012 announced by honourable Finance Minister will have impact on individuals also, be it salaried individual or self-employed.  ...

Income Tax Slab for Individuals – FY 2012-2013 (AY 2013-2014)

News & FAQs | By ALOK PATNIA | Last updated on Mar 21, 2012

The Union Budget 2012-2013 announced by Finance Minister Pranab Mukherjee has amended the tax slab for Individuals. With regard to Indivi...

No More Presumptive Taxation Scheme for Professionals -44AD – Budget 2012

News & FAQs | By ALOK PATNIA | Last updated on Apr 6, 2017

Budget 2012 has barred professionals for availing section 44AD (Presumptive Taxation Scheme) and the crucial thing is that it is proposed...

Scope of Invesment Linked Deductions – 35AD – Extended

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Oct 5, 2017

One of the landmark inclusions in Budget 2012 features investment linked deduction of capital expenditure incurred in the following busin...

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