Auditors have to be compulsorily changed by a company at the end of two five-year terms, say the new rules.
Cooperative societies get more tax benefits as compared to individual house owners.
'The web of transactions is so complex that it requires expertise to understand the strategies involved in each fraud.'
Finance Minister Arun Jaitley takes a protectionist stance in favour of domestic companies, increases customs duty on certain products.
TRAI said that Internet service providers would not be allowed to discriminate on pricing of data access for different web services.
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
Taxpayers might face several issues while filing returns this year.
Two case studies on how one can use the exemption method or the credit route
Special Economic Zones are likely to be central to realising Prime Minister Narendra Modi's ambitious Make in India agenda.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
Those taking up a job abroad should notify their bank about the change in status and open appropriate NRI accounts
With filing possible only online, there is no scope for any error.
If you are being over-charged, bring it to the notice of the staff and, if required, the tax authorities.
This taxation applies to all types of transfer of property.
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
It's not as easy to know how the funds were deployed and gauge the impact.
About 90% of divorce cases end as a fight about alimony.
Meeting the disclosure norms isn't very easy.
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