'Among corporates, about 60% of income is now reported under the new tax regime.'
BMA's clients allege that depository firm CDSL and stock exchanges did not act on their complaints, prompting them to protest before Sebi. They say their shares have been transferred to a pool account without their knowledge and have been used to avail loans. Clients alleged that BMA has pledged their securities with a leading private bank, who could have sold their holdings.
Non-reporting of overseas income by employers may be categorised as 'abetment' under the Act.
British Prime Minister Boris Johnson led the tributes with UK Chancellor Rishi Sunak at 10 Downing Street for the National Health Service (NHS) and other key workers across care homes and public transport at 11 am local time. So far 82 NHS staff are known to have died after testing positive for the coronavirus, including many with their roots in India.
Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.
Netz Capital, a Mumbai based incubation fund and advisory is looking out for young CEO, COO and CMO.
Housing Secretary Robert Jenrick said there will be a move towards greater "personal responsibility" as the UK prepares to end lockdown restrictions from July 19.