Government of India through Finance Act, 2021 has introduced two new Sections of TDS which shall be applicable w.e.f. Jul 1, 2021. These two new provisions cover TDS on Purchase of Goods and Higher Rate of TDS on non-filers of Income Tax Returns.In the document provided here, we have explained the applicability...
The New Financial Year 2021-22 is beginning tomorrow. Team Shiv & Associates wishes a prosperous New Financial Year for you and your business.With F.Y. 2021-22, several key changes are becoming effective under Income Tax, GST and other Laws which may have a direct bearance...
The Prime Minister of India has announced key structural reforms in the Income Tax system with the objective of making Income Tax seamless, painless and faceless for the taxpayers. Announcement includes Taxpayers' Charter, Faceless Assessment and Faceless Appeals. Further, the government has proposed to...