⏩1. Historically, Singapore does not tax capital gains. Only gains which are “income” in nature are taxed. ⏩2. However, from January 1, 2024 onwards, Singapore has introduced into law the new Section 10L of the Income Tax Act 1947 (“ITA”). ⏩3. Foreign-sourced gains from the sale or disposal of a foreign asset (not being an …
Exemptions or lower rate of taxation sought by industry on some items breaks the input tax credit (ITC) chain, leading to complexity in the goods and services tax (GST) structure, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Agarwal said on Wednesday. Agarwal also said that indirect tax authorities would soon start sending …
GST EXEMPTIONS DISRUPT INPUT TAX CREDIT CHAIN, WILL COMPLEX GST: CBIC CHIEF Read More »
One of our clients is owning the following land in Borivali East , Mumbai. They are looking for a reputed Builder from Mumbai who will be interested to become a Joint Venture Partner and execute the project. Location Borivali East 2 Minutes walking distance from Borivali Station towards Dahisar side. Total Area. (FSI) : 104000 …
Summary of Borivali East (Mumbai) Real Estate project on Joint Venture basis: Read More »
