ACIT, addressed the classification of one-time nominal membership and share transfer fees as either capital or revenue receipts. The issue pertained to the Assessment Year 2017–18, during which the ...

The chorus in India's fintech industry has been growing louder with the payment gateways, banks demanding abolishment of MDR ...

The guidelines also define key terms such as “outsourcing,” “participants,” “reverse factoring,” and “trade financing unit.” All ITFS operators are required to maintain a minimum owned fund of USD 0.2 ...

But 83% of low-income countries and 48% of lower middle-income countries are below this threshold. In countries affected by fragility, conflict, and violence, the average tax-to-GDP ratio was as low ...