As the curtains rise on this new development, it is apparent that employers are likely to lean towards providing rent-free accommodation for their employees and may look into the cost-benefit analysis In a sweeping change, the Central Board of Direct …
Revolutionising rules for rent free employee accommodation Read More »
It is crucial for IWs to stay updated and seek guidance to secure their financial interests when withdrawing their PF from India. International workers (IW) often face challenges when it comes to withdrawing their provident fund balance. It is imperative …
The international worker PF withdrawal: Overcoming challenges Read More »
While the revised base tax rate stands at 20%, NR taxpayers can still harness reduced rates or exemptions extended under the purview of DTAA provisions. Commencing April 1, 2023, a substantial shift has been observed in the taxation landscape concerning …
Tax transformation: Non-resident royalty/FTS payments Read More »
CBDT has proposed a review of the valuation rules (‘Rule 11UA’), addressing Angel Tax complexities. The amendments aim to streamline compliance, enhance transparency, and provide clear valuation guidelines for startup shares. They also establish a framework for taxing consideration from …
