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The concept of a Unified Payments Interface (UPI) was first introduced in August 2016, which powered multiple bank accounts into a single mobile application (of any participating bank) and...

Due to the current pandemic affecting the country, the Ministry of Corporate Affairs (MCA), through its multiple circulars, has granted relaxations on the levy of additional fees for form filings...

Recently CBDT announced the launch of instant PAN facility through Aadhaar based e-KYC and substantially changed the contents of Form 26AS. Regarding PAN, a press release dated 28 May 2020...

The Central Board of Direct Taxes (CBDT) had released draft rules for Master File and Country-by-Country Report (CbCR) requirements on 6 October and has requested for comments from the public.

The 23rd GST Council meeting held in Guwahati has made some sweeping changes in the current framework of Goods and Services Tax (GST) regime. Some of the key decisions of the meeting are:

We are pleased to present the August issue of SKP Global Updates – our newsletter that covers employment, payroll, Goods and Services Tax (GST)/Value Added Tax (VAT) and corporate tax related developments globally.

Transfer of unquoted equity shares for a value less than the fair market value attracts tax implications for the seller and the receiver, under the Income tax Act, 1961 (ITA).

On 27 August 2018, the Kenyan Department of Immigration issued a new directive stating that it will increase its control over the requirement for foreign nationals, seeking to work in Kenya, to apply for a work permit prior to entry into the country.

India has been a front - runner in implementing the initiatives of the Organisation for Economic Cooperation and Development ...

With the introduction of GST today, the regulatory body of indirect taxes, the Central Board of Excise and Customs (CBEC) has issued certain important notifications.

In the 43rd GST Council meeting held on 28 May 2021, the Council had decided to constitute a Group of Ministers (GoM) to delve into the need to provide further tax relief by reducing GST rates...

With the outbreak of COVID-19's second wave, taxpayers have been facing adversities in complying with certain statutory compliances. The Central Board of Direct Taxes (CBDT) and the...

The GST Council in its meeting in Srinagar on 19 May 2017 has considered and finalised GST rates to be applicable for different types of services.

In the Union Budget 2020, the Finance Minister has announced a new taxation regime for individual taxpayers on almost similar lines published for corporate taxpayers in September 2019.

With the implementation of GST and in order to smoothen the transportation of goods for interstate transactions, 20 States and 2 Union territories have abolished the check post system...