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

No Relief for Informal/MSME Sector under GST as of now

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Dec 21, 2018

Prime Minister Modi on December 18 indicated that Goods and Services Tax (GST) will be reduced from the present 28 per cent to 18 per cen...

No GST relief for 5-star luxury hotels 

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Dec 21, 2018

There will be no tax relief for five-star luxury hotels as the GST Council is unlikely to reduce the 28% GST tax on luxury hotels with ta...

Income Tax dept taking action against refund claims based on bogus investments

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Dec 20, 2018

The Income Tax department has introduced additional checks to prevent outgo towards bogus refund claims based on fraudulent investments s...

GST on financial inclusion services by BCs likely to come under review

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Dec 20, 2018

  The issue is likely to be taken up at the GST Council meeting on December 22. With the government focussing on financial inclusion, the...

GST return filing to get easier with new user-friendly system

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Dec 20, 2018

The Ministry of Finance on Tuesday said the Goods and Service Tax Network (GSTN) has started development of the components of the new GST...

Do you really need to worry about media reports that “Angel Tax Haunts Startups again”?

Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Dec 19, 2018

The start-up community is again buzzing about notices from the Income Tax Department and yesterday there were media reports stating, “Ang...

PM Modi says 99% items to be put under 18% or below slabs

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Dec 19, 2018

  Indicating that further simplification of the Goods and Services Tax is on the anvil, Prime Minister Narendra Modi said his government ...

I-T Department working on pre-filled ITR Forms – Curse to Software Products?

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Dec 18, 2018

Filing of income tax return for assessment year 2018-19 has so far risen 50 per cent since last year and the number corporate taxpayers h...

Free pharma samples come under GST lens 

GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Dec 18, 2018

    Top executives of India’s $37-billion pharmaceutical industry have a new destination on their frequent travel plan – Kanpur. The dire...

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