The UAE government on 19th May, has announced an overhaul of foreign ownership rules applicable to commercial companies which enables 100% stake of onshore companies from June 1st, 2021. It might be an enormous relief for the foreign investors in UAE, now you can invest and own your own business it’s Read more…
Minimum Alternate Tax and Alternative Minimum Tax are taxation concepts applicable to every taxpayer. Initially, this tax concept was introduced for companies in section 115JB of Income Tax Act, 1961 and later AMT was introduced under section 115JC which is relevant for all taxpayers other than companies. Why MAT and Read more…
Central Budget 2019 targets Indian economy to touch $3 trillion mark in the year 2019-20 and being the third-largest economy. It covers all the major sectors of the economy. Taxpayers are benefitted through various tax deduction schemes and easier compliance policies. TAXATION The proposals made by the finance minister Simplifies Read more…
