Digital Service tax- Equalisation levy, GAFA tax
Posted on23 Jul 2020
TagsTAXATION
Where is the issue? Corporate taxes were designed for an era when most businesses sold physical goods in brick-and mortar shops. It... Read More
The Sabka Vishwas Scheme, 2019
Posted on23 Jul 2020
TagsTAXATION
The Sabka Vishwas Scheme, 2019 introduced to resolve all disputes relating to the indirect taxes . The scheme will be for taxpayers... Read More
Direct Tax Vivad se Vishwas Bill
Posted on23 Jul 2020
TagsTAXATION
Objective: In essence, the Bill is aimed at resolving direct tax-related disputes in a speedy manner. The Vivad se Vishwas Scheme is... Read More
GST council
Posted on21 Jul 2020
TagsTAXATION
As per the Constitution (101st) Amendment Act 2016 GST council has been created which consists of the following:- The Union Finance Minister... Read More
National e-assessment scheme
Posted on11 Jun 2020
Why is it in the news? In the Union Budget 2019, the Finance Minister proposed the introduction of a scheme of faceless... Read More
Tax Treaties
Posted on09 Jun 2020
TagsTAXATION
Source: The Hindu Manifest pedagogy: Tax Treaties were in news for their conflict with Make in India, inverted duty structures, lines of credit... Read More
Direct Tax Proposals under the Union Budget 2020-21
Posted on11 Feb 2020
Source: PIB, Union Budget 2020-21 Key changes proposed: During the Budget session, the Union Finance Minister announced some changes in the Direct... Read More
Advance Pricing Agreements(APAs)
Posted on21 Oct 2019
Source: PIB & The Times of India The Central Board of Direct Taxes (CBDT) has signed the 300th advance pricing agreement (APA)... Read More
Goods and Service tax (GST) on horse racing
Posted on04 Oct 2019
Source: The Hindu Manifest pedagogy:GST has been facing various bottlenecks including filing, implementation, frequent changes and a call for GST 2.0. IN... Read More
The Taxation Laws (Amendment) Ordinance, 2019
Posted on03 Oct 2019
Source: Monthly Policy Review of PRS The Taxation Laws (Amendment) Ordinance, 2019 was promulgated in September 2019. The Ordinance amends the Income... Read More