Overseas Direct Investment
Overseas investments (or financial commitments) in Joint Ventures (JV) and Wholly Owned Subsidiaries (WOS) have been identified by Indian entrepreneurs as important avenues for pro
The Saga of Start-ups and Angel Tax
What is a Start-up? A startup is a company that is in the initial stages of its operations. The promoters basically come up with an idea/ business model that targets the market nee
Gift Tax for Non resident Indians | NRI Gift Tax
Our terrene is filled with people who are bound into close-knit families, having a lot of reasons to celebrate on various occasions. On such occasions, people exchange multiple gif
Pan Card for NRI | Why Pan Card is important for NRI
PAN Card is mandatory for every person who is required to file a return of income or intends to enter into an economic or financial transaction where quoting of Transactions in whi
GST on Non-Resident Tax Payer
To understand the applicability of GST for non-resident tax payer ,one should know who is a non-resident as per GST law. A non-resident taxable person means any person who occasion
TCS ON E-COMMERCE OPERATORS UNDER GST
What is TCS in GST? TCS in GST means that the E-commerce operators will have to collect the tax from those suppliers who are selling goods or providing services on/through their si
Composition Scheme GST
Composition Scheme under GST is a reduced compliance mechanism scheme available for small and medium entities at their option. The taxpayers registering under this scheme will have
E-Way bill : Eway bill under GST, Cases, Generating E-waybill and Validity.
What is E-Way Bill : An E-way bill is a document containing the details relating to the consignment of goods such as quantity, rate, description, name of consignor, consignee, date
Casual Taxable person under GST and Compliances Applicables
Who is Casual Taxable person under GST : As per Section 2(20) of CGST Act 2017, Casual taxable person” means a person who occasionally undertakes transactions involving supply of
What are Valuation Services and its importance
A question always arises as to why there is a need for valuation services and what is its importance and who requires these valuation services?