The Indo-American Chamber of Commerce, North India Council hosted its flagship event“Indo-US Economic Summit” for the 13th consecutive Year. The two day summit was inaugurated by Mr.Raman Roy, Chairman, NASSCOM & Chairman & Managing Director, Quatrro BPO Solutions Pvt. Ltd. Mr. Patrick Santillo, Minister Counselor for Commercial Affairs, US Embassy was the Guest of Honour
Read MoreThe corporate Affairs Committee of PHD Chamber organized an interactive workshop on Indian Accounting Standards (Ind-AS) - Framework & the Roadmap on July 11, 2017 at PHD House, New Delhi
Read MoreIn an interview with NDTV, tax expert Aseem Chawla of Phoenix Legal explained the queries related to GST. From July 1, the country will move to a new indirect tax regime as GST or goods and services tax will subsume nearly a dozen of central and state taxes. From the consumer's point of view, the biggest advantage would be in terms of reduction in overall tax burden on goods. For businesses, it means reduction in a multiplicity of taxes and a much simpler tax regime with fewer rates and exempt
Read MoreStepping up its fight against tax evasion, the Centre has made it mandatory to quote the Aadhaar number for opening bank accounts and for transactions exceeding ?50,000. With the amendments to the Prevention of Money Laundering (Maintenance of Records) Rules, 2005 notified earlier this month, banks will have to demand both Aadhaar and the Permanent Account Number (PAN) for verification of identity, starting June 1.
Read MoreNew Delhi, May 30: India’s decision to sign the multilateral convention on tax treaty related measures under the OECD-G20 BEPS project should spell music for several taxpayers faced with economic double taxation or transfer pricing issues. This is because the signing of the multilateral instrument (MLI) at Paris on June 7 could open the doors for India to entertain bilateral advance pricing agreements (APAs) or mutual agreement procedures (MAP) with several countries for resolving transfer pricing issues, say ta
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