Central Bank Digital Currency in India: Everything We Know So Far
The RBI recently provided an update on its implementation plan for the Central Bank Digital Currency as a legal tender, which could materialize by end of 2021.
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.
India’s LLP Amendment Bill to Benefit Start-ups, Chartered Accountants Among Other Beneficiaries
Opting for the LLP entity model in India could become easier following changes proposed in the LLP Amendment Bill, meant to encourage start-ups, MSMEs.
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.
India’s Fintech Market: Growth Outlook and Investment Opportunities
India has the third largest fintech ecosystem globally and 67 percent of more than 2,100 fintech entities in operation have been set up in the last five years.
How Maharashtra Intends to Become an Electric Vehicle Hub in India
The Maharashtra government facilitates adoption of electric vehicles through price drop incentives and subsidies for both consumers and manufacturers.
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.