by Sunil Kumar Gupta | Jan 3, 2020 | insight
Indian economy has been on growth trajectory since the last few years and is heading towards achieving its humongous target of $5 trillion economy by 2024-25, which will make India a global economic power moving from 7th to 3rd position in terms of current dollar...
by Sunil Kumar Gupta | May 16, 2019 | insight
The 34th meeting of the GST Council was held on 19th March 2019 where numerous rate-cuts and changes for the real estate industry were recommended in order to reduce the tax/compliance burden on all the concerned stakeholders. These changes were announced via several...
by Sunil Kumar Gupta | Apr 19, 2019 | insight
A contract breach might sound like a commonplace for a layman but in regards to the legal landscape, there are diverse ramifications of the same. That said, every breach isn’t the same and before we delve deeper into this discussion, it is important to understand the...
by Sunil Kumar Gupta | Apr 18, 2019 | insight
The income-tax department of India has released new tax return forms for the financial year 2018-19 a few days back. There are four types of Income Tax Return forms- ITR 1, ITR 2, ITR 3, ITR 4, and every person is required to fill the form that comes under their sort,...
by Sunil Kumar Gupta | Feb 18, 2019 | insight
Walmart Inc. has acquired one of India’s largest E-commerce businesses: Flipkart was taken over by the U.S retail giant Walmart Inc. recently valued at a whopping 16 million dollars, 77% of the stakes in what is being termed as the world’s biggest E-commerce...
by Sunil Kumar Gupta | Feb 18, 2019 | insight
The Presumptive Taxation Scheme was framed by the Income Tax Authority of India, under section 44AD, 44ADA, and 44AE of the Income Tax Act, 1961 to provide relief to the small tax payers from maintaining books of accounts, and getting their accounts audited. The...
