Reduced Corporate Tax Rate for Domestic Companies

The Government of India has introduced the Taxation (Amendment) Ordinance 2019 on the 20th of September 2019. Several amendments are made to the Income Tax Act,1961 through this ordinance. Changes suc...

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Tax Exemptions for Startups

To give impetus to entrepreneurship and increase participation in the development of the country, the STARTUP INDIA campaign was launched in India in 2016. This campaign has enabled many budding entre...

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TDS Defaults: Interest, Penalty, Prosecution & Other Consequences

TDS compliance is one of the important compliances in the current scenario. Many of the taxpayers are not as compliant and hence they need to face its adverse consequences, penalty or prosecution as p...

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