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.
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
There is a plethora of tax-saving products that come with varied duration, interest rates and taxability. Thus, a person can reduce his t...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Provident Fund provides a compulsory contribution for the future of an employee after his retirement or for his dependents in case of his...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
The due date for filing of tax return for FY 2010-11 (March 2011) is fast approaching. Â The first thing which comes to mind, when thinks...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
A new section 94(8) has been inserted with effect from assessment year 2005-06 to curb the practice of creation of losses via bonus strip...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Dividend Stripping is a process by which a investor gets tax free dividend by investing in securities (including units), shortly before t...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Government of India in the year 2004 announced a New Pension Scheme. Â Section 80CCD was brought in to provide that where an individual e...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
An employee stock option plan (ESOP) is a way in which employees of a company can own a share of the company they work for. There are dif...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
While we all do tax planning and have become well versed with many provisions of the I-T Act that are relevant to us, there are many beli...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
There is a tendency among the tax-payers of the higher tax brackets to divert a part of their income to the hands of their relatives, in ...