Revised due dates under the Income Tax Act, 1961 amid corona virus spread. The government has passed an ordinance on 31st March, 2020 to relax the various due dates for compliances, deposit of tax with reduced interest rates, making investments, completion of proceedings etc. which are falling
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Multilateral Instruments (MLI) and Its impact on India What is MLI? Multilateral instruments (MLI) stands for Multilateral convention to implement tax related measures to prevent base erosion and profit shifting. This instrument is contained in action plan 15 of BEPS Project. The MLI allows jurisdictions to swiftly
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Starting Business in India With time India has become a lucrative investment destination for carrying on businesses. The major advantage of setting up business in India are: India is one of the fastest growing economy in the world. As per the International Monetary Fund (IMF), India is
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