Maruti Suzuki India Limited, hereinafter referred to as “MSIL,” was penalized with a heavy fine of INR 2 billion by the ...
If you earn income in India, certain types like rental income or interest on deposits will have TDS (Tax Deducted at Source) applied at a higher rate for NRIs, as per Section 195. But if the actual ...
However, the RBI’s approach is distinguished by its inflation-targeting mechanism, introduced in 2016, which aims to keep inflation within a defined range between 4% and 2%. In contrast, economies ...
Summary The National Pension System Vatsalya (NPS Vatsalya) scheme, launched by the Ministry of Finance, aims to foster early savings habits and long-term ...
Budget 2021 came up with the insertion of section 148A of the Income Tax Act. It is a welcome section from the point of view of taxpayers. In simple terms, ...