India is extending dates for filing income tax returns and GST compliance procedures among measures to ease burden on businesses and entrepreneurs.
India notified new investment and turnover criteria for enterprises to classify under the category of micro, small and medium enterprises (MSMEs).
Auditors say firms in India may have to reflect the impact of COVID-19 related disruptions on their business operations in financial statements.
India is considering tax breaks and easier loan repayment options for SMEs amid the coronavirus (COVID-19) outbreak.
India’s lower house of parliament passed the direct tax bill, which aims to reduce tax litigation and settle ongoing tax disputes.
All public and private companies and certain LLPs are required to undergo a statutory audit. In this article we answer some frequently asked questions.
A tax audit is mandatory in India for individuals and companies – if their turnover or gross receipts exceeds a specified threshold.
Firms in India that have entered into non-complete agreements have to pay 18 percent GST on the non-compete fee.