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15 July 2019
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12 December 2018
The Hon'ble Finance Minister, in her maiden speech has attempted to tinker with the principle of territorial nexus by introducing tax on a non-resident receiving any sum or property from a resident for inadequate consideration or without consideration. In the ensuing paragraphs an attempt has...
However, there are several factors that would deter FPIs from taking this route.
In the Union Budget 2019, the FM announced levying corporate tax at the lower rate of 25 per cent, from current 30 per cent, which will lead to revenue forego of around Rs 7,000 crore
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Market experts peg the difference between market value and circle rate at 5-7% in most instances.
Here are some insights on key issues
The entire eco-system of compliances under GST needs to be simplified and made user-friendly especially for small and medium sector enterprises.