Amendment made in 2016-17 budget in relation to service tax provides the arrest of assesses in case there is default in the remittance of service tax collected from parties.
Will the government withdraw tax benefits offered to corporates investing in mutual funds? If so how will the mutual fund indutsry be affected. A discussion with Dhiren Kumar of Value Research Online
With an objective to improve the efficiency and equity of the Indian Tax System by broadening the tax base through minimizing the exemptions, remove the ambiguity in the law and checking the erosion of the tax base through tax evasion, finance minister Mr. Pranab Mukherjee, released the draft of new direct taxes code to solicit […]