Chartered Accountant... • 1y
The Central Board of Direct Taxes (CBDT) has specified that no tax deduction at source (TDS) under Section 194Q of the Income Tax Act, 1961, will be required for purchases made from units of International Financial Services Centres (IFSC), provided both buyers and sellers meet specific conditions
Full Stack Web Devel... • 28d
Gujarat International Finance Tec-City (GIFT City), India’s first International Financial Services Centre (IFSC) launched in 2009 between Ahmedabad and Gandhinagar, is a multi-service SEZ built for international banking, insurance and capital markets
See MoreChartered Accountant • 1y
GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr
See MoreWe builds future • 6m
BlackBuck To Appeal Tax Demand Notice Over TDS Issues Listed logistics startup BlackBuckBlackBuck Datalabs_in-article-icon today said it received a tax demand notice totalling INR 28.55 Lakh from the Income Tax (I-T) Department. In a filing with t
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Medial • 1y
Union Budget 2024-25: Key Highlights for Startups and MSMEs 🚀 Finance Minister Nirmala Sitharaman mentioned 'startup' just twice in her speech, but there's plenty for the startup ecosystem, manufacturing, and MSMEs in this budget! Here's the scoop:
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