Staying updated with tax deadlines is crucial to avoid penalties and ensure compliance with Indian tax laws. The tax calendar 2025 includes key due dates related to Direct Taxes and Income Tax, covering TDS (Tax Deducted at Source), TCS (Tax Collected at Source), advance tax payments, and various return filings. Taxpayers must be aware of the due date for TDS […]
What is GIFT City and How is it Beneficial Gujarat International Finance Tec-City, better known as GIFT City, is a buzzing business district located in Gandhinagar, Gujarat. The vision behind it? To build a world-class finance and ITzone that not only caters to India but serves clients across the globe. It’s quickly becoming a global hub for financial and business […]
Transfer pricing is a crucial concept in international taxation and corporate finance. It refers to the pricing of goods, services, or intangibles transferred between related entities within a multinational enterprise (MNE). Since different tax jurisdictions have varying tax rates, transfer pricing plays a significant role in tax planning and compliance. Regulatory authorities closely monitor transfer pricing to prevent tax evasion […]
Diverging Economic Trajectories in the US and Eurozone In the last quarter of 2024, the economic fortunes of the US and eurozone diverged sharply. The US economy continued to demonstrate resilience, achieving a 0.6% growth in Q4 and a commendable annual increase of 2.8%, underpinned by strong consumer spending and sustained government expenditures. In contrast, the eurozone faced economic stagnation, […]
IFSCA issues a consultation Paper on SPV Framework under IFSCA (Fund Management) Regulations, 2022 International Financial Services Centres Authority (“IFSCA”) has issued a consultation paper with respect to Special Purpose Vehicle (“SPV”) under IFSCA (Fund Management) Regulations, 2022 (“FME Regulations”). The consultation paper proposes the operationalisation of SPV under the controlling scheme in order to facilitate the growth of funds […]
In this edition we have tried to bring you notice the latest amendment that followed in the month of January, 2025 issued by SEBI and RBI. SEBI SEBI Investor website and Saarthi App offer free tools and resources for Investor Awareness and Education Securities and Exchange Board of India (SEBI), as part of its mandate to protect the interests of […]
Blackstone Inks MOUs To Invest $11 Bn In Maharashtra Over 3-5 Years Blackstone has signed three memoranda of understanding with the Maharashtra government at the World Economic Forum in Davos, committing an investment of approximately $11 billion (around INR 95,247 crores) over the next three to five years to develop infrastructure assets in the state. The agreements, made with Maharashtra […]
GST Calendar –Compliances for the month of January ’2025 Nature of Compliances Due Date GSTR-7 (Tax Deducted at Source ‘TDS’) February 10, 2025 GSTR-8 (Tax Collected at Source ‘TCS’) February 10, 2025 GSTR-1 February 11, 2025 IFF- Invoice furnishing facility (Availing QRMP) February 13, 2025 GSTR-6 Input Service Distributor February 13, 2025 GSTR-2B (Auto Generated Statement) February 14, 2025 GSTR-3B […]
Clarification Regarding Orders under Section 201 Of The Income-Tax Act, 1961 Under E-Appeal Scheme, 2023 The CBDT vide Order F. NO. 225/17/2025-ITA-II, dated 28-1-2025 clarified that Orders passed u/s 201 in pursuance of action u/s 133A are appealable before CIT(A) under e-Appeal Scheme, 2023. NOTIFICATION G.S.R. 67(E) [NO. 9/2025/F.NO.370142/18/2024-TPL], DATED 21-1-2025 The CBDT vide insertion of new Rule 6GB – prescribes […]
As we enter 2025, the UK economy is navigating through a complex landscape, marked by ongoing inflationary pressures, slowing growth, and heightened global uncertainties. The latter part of 2024 revealed significant economic challenges, but there are reasons for cautious optimism as we look ahead. Economic policies, particularly increased government spending, could spur some growth, but several key factors will determine […]
IFSCA proposes amendments to FME regulations, aimed at improving enhancing ease of doing business GIFT City, India’s first International Financial Services Centre (IFSC), modelled as a global financial and IT hub and spread over ~886 acres provides a seamless integration of cutting edge infrastructure with modern urban planning. It was established with an aim to position India as a competitive […]
In this edition we have tried to bring you notice the latest amendment that followed in the month of December, 2024 issued by SEBI. SEBI Allowing subscription to the issue of Non-Convertible Securities during trading window closure period 1.In terms of Clause 4(3)(b) of Schedule B read with sub-regulation (1) of Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, […]