Taxation in news
43B of Income Tax Act MSME | Latest
Section 43B of Income Tax Act read with Section 15 and 16 of MSME Act makes buyer oblige to pay pending dues to supplier within 45 days from the date of purchase of goods or services. Burning Issues on 43B of Income tax Act MSME : 1. What is the time limit to make payment … Read more
Capital gain on sale of converted agriculture land? (2023)
Agriculture land in India not having any capital gain tax implication if located in rural area or having above limit of 8 kilometers from urban area. However, there where many questions and confusion lies in this topic due to various complex transaction taken place when you sale your agriculture land. it’s absolutely correct to say … Read more
Tax on Gold Selling- Buying- Holding (in India) Latest 2023
INSIGHT OF TAX ON GOLD IN INDIA Holding gold is ritual for Indians and Indian have the regular habit of buying and gifting the Gold to relatives and friends. Among popular low risk investment gold always gives higher assured returns as compare to any other investments. Implementation of Income Tax on Gold:– Section 2 (14) … Read more
Start Up Listings will start sooner in Gift City (Gandhinagar, Gujarat) 2023
(About 3 min read) Insight of Start up Listing: International Financial Services Centers Authority located at Gandhinagar was announced implementing facility of start up listing will be start sooner. This facility for listing accommodate wide range of service to START UP. It will be One Stop solution for New Start Up listing. IFSCA framework will … Read more