Everything you need to know about Transfer Pricing

In international transactions with a high scope of tax evasion, regulations such as Transfer pricing are mandatory. Transfer Pricing is the price of transactions between two companies (belonging to one group) residing in different geographies. From a tax point of view, Transfer pricing is critical as it involves complex calculations based on the type of transactions.

Automotive Industry Trends

automotive industry in India

Current trends, scope, and challenges faced by the Automotive industry. We live in a digitally conscious world where most customers’ wish lists are fed by what is trending rather than what they need. Before consumers buy a product, they consume it digitally, analyse the pros and cons of buying it, and then t ake that giant leap towards an investment. Like every other industry, the Automotive industry’s landscape is ever-evolving.

Tax Deduction or Tax Taken? 

Tax deduction or tax Taken

You don’t pay taxes – they take taxes” – Chris Rock. How simple and apt is this quote by Chris Rock? It puts into perspective the whole idea of taxation! Indeed, we never pay taxes – the government takes them from us. The government has implemented systems where one gets taxed while selling or purchasing goods & services, from the net income (income minus expenses), salary, etc.

Section 194R TDS or Tedious?

Section 149R TDS or tedious

In order to increase the taxbase & to bring a larger number of assessee’s under the tax net, the government has inserted a new section 194R in the Income-tax Act, 1961 (‘Act’) through the
I Finance Act, 2022, effective July 1, 2022

What is BuyBack?

What is Buy Back

Buyback of shares implies a company repurchasing its shares from its shareholders. In a buyback issue, the company pays its shareholders a fixed value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors. The process enables the repurchase of shares from the existing shareholders usually at a higher price than the market price.

Metaverse : Rewriting business and marketing strategies

The Metaverse

It is a massively scaled and interoperable network of real-time, rendered, 3D virtual worlds that can be experienced synchronously and persistently by an effectively unlimited number of users, each with an individual sense of presence.

Start-ups in India

Start ups in India

Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.

Advance Tax in India

Advance tax in India

Where the estimated tax payable by any person in India exceeds INR 10,000/- after deducting TDS, advance tax is required to be paid on such tax payable. Under advance tax, the estimated tax liability of a person is required to be paid in four instalments during the financial year (‘FY’) under consideration.

Wellness Industry In The Endemic Age

The wellness Industry

The expanding popularity of wellness strongly impacted different players in the technology, home furniture, and even fashion industries as they had to reinvent themselves and adjust to the growing needs of this self-conscious consumer. The emergence of a consumer striving to look and feel good positively impacted the growth of many brands and services suppliers, reuniting them under the common denomination of ‘wellness industry’.

Income Tax return filing essentials

income tax return filing essentials

Income Tax return filing essentials The due date for filing of income tax returns for AY 2022 – 2023 for individuals (non – tax audit) taxpayers is 31st July 2022. The Income Tax Department has issued various forms & utilities to enable the filing of the tax returns. With a view to increase the tax […]