Other Briefings
What is GST in India? Tax Rates, Key Terms, and Concepts Explained
Read to know about the key terms and concepts under the GST system in India, and the revised GST rates.
GST Compliance Requirements, Offenses, and Penalties under India’s GST Regime
We list the GST compliance requirements under the CGST Act, 2017, steps to ease the burden on taxpayers, and penalty provisions for non-compliance.
India’s Parliament Approves Bill to End Retrospective Taxation, Amend Tax Law
After recent setbacks with Cairn Energy and Vodafone, India’s lower house of parliament approved an amendment bill on August 6 to end retrospective taxes.
New Tax E-Filing Deadlines in India: Check List to See if it Applies to You
India extends e-filing due dates for specific forms under Income Tax Act, 1961. We list the forms affected and new tax reporting deadlines.
What are the Tax Implications for Cryptocurrency Assets in India?
Cryptocurrency transactions in India may attract tax liability, but the rules remain unclear as the RBI has not yet granted it the status of a legal tender.
India’s New Rule for Computation of Short-Term Capital Gains to Increase Tax Liability for Businesses
Rule 8AC details the method of computing STCG and written down value for businesses that obtained depreciation on goodwill in FY 2020-21.
India Joins Consensus on OECD Tax Deal Ahead of G20 Meeting in Venice
We briefly explain the tax measures proposed for multinational enterprises in the OECD tax deal and prevailing consensus ahead of the Venice G20 meeting.
New TDS/TCS Provisions in India from July 1, 2021
Key changes affect purchase of goods, pension income, and accelerated TDS rates for non-filers; Aadhar-PAN linkage is important to avoid higher TDS.
