Other Briefings
How to Manage the New GST Audit in India
The purpose of GST audit is to allow taxpayers to assess their own tax liability without any intervention from tax authority. The last date for filing GST audit report for fiscal year 2017-18 is June 30, 2019.
Applying for Tax Incentives in India: Frequently Asked Questions
Tax incentives are available to businesses in India depending on the economic activity, industry, location, and size of the firm. In this article, we answer FAQs on applying for tax incentives and tax breaks in India.
India-US Sign Pact for Exchange of CbC Reports
Indian subsidiaries of US multinational corporations (MNCs) will no longer have to locally file the country-by-country (CbC) reports of their international group in India. Read to know more.
Filing Income Tax Returns in India
Income tax returns in India must be filed by the deadline of July 31, 2018, where the income earned during FY 2017-18 will be accounted for. Filing after the deadline will incur penalties.
Audit in India – New Issue of India Briefing Magazine Out Now
The latest issue of India Briefing Magazine – “Audit in India”, is available for download from the Asia Briefing Publication Store.
GST Composition Scheme for SMEs in India
The composition scheme under the Goods and Services Tax allows SME suppliers of goods (intrastate) to file their GST returns at a fixed rate. We discuss the advantages and challenges of the scheme.
List of Countries That Have a DTAA with India
India has has Double Tax Avoidance Agreements with over 85 countries under Section 90 of the Income Tax Act
Direct Taxes in India Explained
July 31 is the last date for filing tax returns on income earned in the previous financial year. In this article, we discuss India’s system of income tax collection.
