Budget: Exempt entities like non-profits face hurdles due to TCS on transactions. Govt can notify exemptions/lower TCS rates for them. Effective Oct '...
Budget: Amendments clarify penalties for inaccurate info/non-compliance with due diligence under AEoI. Rs. 50K fine for errors/failures. Defense allow...
Finance Bill, 2016 has been passed by the Loksabha today (5-5-2016) with several amendments to the Clauses 3, 7, 16, 19, 41, 43, 46, 49, 50, 52, 53, 60, 66, 81, 86, 96, 97, 112, 192, 218 and 219 - Three new Clauses as 29A, 47A and 106A added to the Finnace Bill, 2016, and accordingly clauses will be renumbered.
Finance Bill, 2016 has been passed by the Loksabha today (5-5-2016) with several amendments to the Clauses 3, 7, 16, 19, 41, 43, 46, 49, 50, 52, 53, 60, 66, 81, 86, 96, 97, 112, 192, 218 and 219 - Three new Clauses as 29A, 47A and 106A added to the Finnace Bill, 2016, and accordingly clauses will be renumbered.
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