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Equalisation levy has been defined under Equalisation levy Act as: "the tax leviable on consideration received or receivable for any...

The Reserve Bank of India (‘RBI’), vide a press release dated 01 April 2020, has announced a relief measure for...

LLP settlement scheme was introduced by MCA with a view that: “As part of Government’s constant efforts to promote ease...

CBIC issued 7 notifications in 1 day on 03.04.2020 which clarifies various relief which was provided by Finance Minister on...

Major Changes in Income Tax act which one needs to keep in mind while accounting for F.Y. 2020-21: 1. Dividend...

After the success of individual dispute resolution schemes in Indirect tax, Direct tax and LLP now Ministry of corporate affairs...

CBDT vide order u/s 119 of the Income tax act has provided the following relief in relation to TDS and...

Recently an ordinance was passed by Ministry of finance extending various due dates amid corona virus pandemic. In this ordinance...

RBI announced it's relief amid this corona virus pandemic on 27.03.2020 wherein it suggested moratorium to bank for 3 months...

We are in some difficult times and we need to unite together to help the needy and we must contribute...

Ministry of Finance has issued an ordinance to clarify the extension of various due dates. Same has been posted on...

There is notification being circulated wherein a rumor is being spread that Financial year has been changed from 01.04.2020 to...

In the Budget Announced on 01.02.2020, Honorable Finance Minister had announced an amendment in TCS provision wherein TCS was required...

Deduction under Chapter VI-A includes deduction u/s 80A to 80VV, however we are mostly aware about section 80C to 80U...

Key highlights from RBI press meet MPC (Monetary policy committee) advanced its meeting (earlier it was scheduled on 3rd April)....