direct taxes

When the NDA Government took power in 2014, it immediately raised hopes of a more business friendly government. Hopes of tax cuts, less governance, simplification of tax structures, unleashing the animal spirits in business. Mr. Jaitley…

This paper seeks to provide a bird eye’s view of the taxation structure in India. The topics broadly covered here are Direct Taxes (Income Taxes) and Indirect taxes (At Central Government level and State Government level). The other…

Starting from April 1, 2010, if your total income falls under any of the taxable slab, you are required to quote Permanent Account Number (PAN) in your financial transactions. Budget 2009-10 makes it mandatory to quote your PAN number in…

Finance Minister Pranab Mukherjee presented his career’s fourth budget and second straight budget for the UPA government this afternoon in the Parliament with a clear signal that India has notched a respectable growth coming out of…