TAXATION OF DIVIDENDS – APPLICABLE TDS RATES
Budget 2020-21 has come up with some considerable changes in various provisions of the Income Tax Act, 1961. One of such provisions, where taxpayers are primarily involved, is the taxation…
COVID-19:Some Notified Relief Measures under Income Tax
This article provides an overview of significant income tax-related relief measures taken by the Government of India to assist the corporate and individual taxpayers in the face of the unique…
COVID-19:Some Notified Relief Measures under GST
The World Health Organization (WHO) has already declared COVID-19 a world health emergency. The pandemic crisis is challenging governments across the world to come up with some consolation measures for…
Changes in Tax Residency of Indian Citizens and Persons of Indian Origin as per Amended Finance Bill, 2020
The amended Finance Bill, 2020 came into effect from 1st April 2020. Among numerous and vital changes in many provisions of the Act, significant changes have been proposed on the ‘basis…
Internal Audit During and Beyond COVID-19
The impact of COVID-19 on operations and the overall economy could potentially last for months or even years. Looking towards the situation, how extended disruptions have affected the supply chains,…