The Applicability and Calculation of Gratuity in India
Gratuity is governed by the Payment of Gratuity Act 1971. Read on to learn about the tax exemption and calculations of gratuity for employees in India.
A Breather for Startups in India – Making the Angel Tax Exemption Work
India has made it easier to claim angel tax exemption on funds raised by startups. Read to know if the new rules benefit the overall startup environment in India.
Audit in India – Key Considerations for Businesses
This article explains the processes a foreign-invested enterprise in India can expect to undergo during a statutory audit, and what companies need to know and prepare to make the audit process go smoothly.
GST E-Way Bill Makes Transportation of Goods in India More Efficient
India introduced the e-way bill system under GST in April, 2018 to ensure greater tax transparency and a hassle-free movement of goods from one state to another. Here, we discuss the system and its registration process.
GST Update: Back-Office Support Services to be Taxed in India
Back-office support services in India will not qualify as exports but intermediary services, and will be liable to 18 percent goods and services tax (GST)
India-China Amend Double Taxation Avoidance Agreement
India China sign protocol to amend the double tax avoidance agreement to check tax evasion by multinational companies. Read to know more.
Tax Planning for NRIs Returning to India
Careful investment and tax planning can help NRIs returning to India ease the transition and allow themselves to avail tax breaks and other benefits. Learn about most common areas necessary for NRIs to manage their overseas income and investments.
Remitting Profits from India: Procedures and Regulations for Foreign Businesses
Remitting profits from India depends on an entity’s investment model. Read to know about the procedures and regulations for sending money from branch offices, and wholly owned subsidiaries.