by Jagdeep Garhwal | May 15, 2020 | Income Tax
Reduction in rate of Tax Deduction at Source (TDS) & Tax Collection at Source (TCS) In order to provide more funds at the disposal of the taxpayers for dealing with the economic situation arising out of COVID-19 pandemic, the rates of Tax Deduction at Source (TDS)...
by Jagdeep Garhwal | Mar 26, 2020 | General
Finance minister announced various measures for poor section of society. Today’s measures are aimed at people who are immediate need of food, money and cooking gas, said FM Sitharaman.Workers’ welfare fund of Rs 31,000 crore to be utilised for construction...
by Jagdeep Garhwal | Mar 11, 2020 | GST
The Excise Policy 2020-21 (commencing from 01st April, 2020 to 31st March, 2021) has been approved by the Administrator, U.T., Chandigarh. The new Excise Policy for the year 2020-21 aims at balancing the aspirations of the citizens, consumers, manufacturers,...
by Jagdeep Garhwal | Feb 15, 2020 | General
NCLT: US PE firm Blackstone Group have got the NCLT approval for to acquire Trident Hotel Hyderabad, owned by Golden Jubilee Hotels and managed by Oberoi group East India Hotels(EIH) for 585Cr, Blackstone Group infuse Rs.384 Crore upfront to clear dues of...
by Jagdeep Garhwal | Feb 1, 2020 | Income Tax
Corporate tax rate @ 15% for new companies in the manufacturing sector. Also, tax rate for existing companies is brought down to 22%. Income tax slab as per new regime: > upto 2.5L – NIL > 2.5L to 5L – 5% > 5L to 7.5L – 10% > 7.5L to 10L- 15% >...
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