The article provides an in-depth analysis of how royalty income is treated under the India-US Double Taxation Avoidance Agreement (DTAA). It discusses the objective of DTAAs, their benefits, an...
"Section 80: Where tax savings become a roadmap to financial freedom."... Vishal Banga Introduction Taxation in India involves various provisions aimed at reducing the burden on taxpayers. Am...
Revenue earned through taxes keeps an economy buoyant. Therefore, a tax payers' honesty towards paying off legitimate tax amounts is salient. But several affluent and well-linked people with th...
"In the realm of GST artful dance, Legal strides and ITC enhances. Compliance waltzes, strategy's chance a fiscal ballet, in law's advance." Embarking on a business venture involves more than ...
The Indian tax structure has evolved over time to accommodate the government's expanding financial needs. The method is also intended to aid in the govt's achievement of its socioeconomic objec...
Introduction For raising its general revenue Tax is imposed by the State. Taxing statutes are those which impose taxes on income or other kind of transactions. Enforced by the government, Taxi...
India being a federal country where both the centre and states have been assigned powers to levy and collect taxes through appropriate legislations. Both the levels of government have distinct ...
In the realm of income tax laws, both donors and recipients play crucial roles in ensuring compliance and transparency. To facilitate this process, the Income Tax Act introduces Form 10BD, a do...
Section 70 of The Central Goods and Services Tax Act, 2017 Section 70. Power to Summon persons to give evidence and produce documents The proper officer under this Act shall have power to sum...
"What we hope ever to do with ease, we must first learn to do with diligence."-- Samuel Johnson Introduction In the intricate world of mergers and acquisitions (M&A), the prudent manageme...