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Vikas Vasal Partner Tax Kpmg

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  • Business

Govt may cut corp tax by 1% in Budget FY17

In the next Budget, it would be a challenge to do away with exemptions. Finance Minister Arun Jaitley is likely to slash corporate tax rate by about one per cent and may put an end date for certain......

Foreign cos may be allowed to claim deduction on dividend tax

The government is contemplating tweaking tax laws to allow foreign companies claim deduction in home countries for the dividend tax paid by the subsidiaries in India. Some announcement in this......

Money matters: 5 key areas that Modi can bring big changes

Business Standard presents expert views on what changes can help improve the prospects of various asset classes. Needed: Higher tax slab rates: Vikas Vasal  First, the tax slab rates need......

Small businesses don't need to maintain book of accounts

Companies having a turnover of under Rs 1 crore can opt for presumptive tax scheme. If you’re running a small business, you can save the cost and hassles of maintaining book of accounts and......

Black money: Action time now, warns Centre

With easy compliance window over for new law, FinMin looks at info, leads to nab black money holdersWith the three-month window for escaping prosecution and penal provisions of the stringent law on......

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