Tag: Tax
Taxation of AIF and their investors in India
India is witnessing a boom in start-ups seen over the past decade, start-ups require capital to establish and grow and Alternative Investment Funds or AIF form some of the most …
Understanding the 87A rebate : Budget 2019
Taxpayers found an unexpected bonanza in the budget in the form of increase in rebate under section 87A. The limit for such rebate has been hiked from the erstwhile Rs …
Budget 2019 : Updates
There were many hopes from The Union Budget 2019, given that 2019 is an election year. The middle class was hoping for tax rate cuts and there was talk of ...
GST/ Service Tax : July updates
Goods and Service Tax Central Goods and Service Tax Act, 2017 (CGST), Integrated Goods and Service Tax Act, 2017 (IGST) Notifications- CGST Notification seeks to make amendments (Fourth Amendment) to ...
Budget 2017 : Capital Gain provisions changed
The process of computation and taxation of capital gains has seen a significant overhaul in this Budget. The changes made to the system are: Definition Capital assets had been defined ...
