Other Briefings
Tax Scrutiny in India to Go ‘Faceless’: What Does it Mean?
Tax scrutiny is set to change in India as the assessment process will no longer be jurisdiction based in most cases.
India Extends Key Tax Deadlines Again for Businesses in 2020 due to COVID-19
India is extending dates for filing income tax returns and GST compliance procedures among measures to ease burden on businesses and entrepreneurs.
Businesses in India May Have to Reflect COVID-19 Impact in Accounts, Say Auditors
Auditors say firms in India may have to reflect the impact of COVID-19 related disruptions on their business operations in financial statements.
India Considers Easing Tax Rules, Loan Repayment amid COVID-19
India is considering tax breaks and easier loan repayment options for SMEs amid the coronavirus (COVID-19) outbreak.
India Wants to Reduce Tax Litigation with New Direct Tax Bill
India’s lower house of parliament passed the direct tax bill, which aims to reduce tax litigation and settle ongoing tax disputes.
Statutory Audit for Companies in India: Frequently Asked Questions
All public and private companies and certain LLPs are required to undergo a statutory audit. In this article we answer some frequently asked questions.
Tax Audit for Companies in India: Frequently Asked Questions
A tax audit is mandatory in India for individuals and companies – if their turnover or gross receipts exceeds a specified threshold.
India’s Tax Authorities Demand GST on Non-Compete Fee, Issue Notices to Firms
Firms in India that have entered into non-complete agreements have to pay 18 percent GST on the non-compete fee.
