TAX

Real Estate Financing Deals INR 20 Crores and Above across India.

We are a leading Financial Advisory firm promoted by a group of Chartered Accountants and Bank8ng and Finance Professionals. We are looking to Associate with Tier 1 & 2 Real Estate Promoters and Prominent Builder’s requiring Construction Finance and Related Real Estate Joint Ventures Project or Partners. Corporation / Semi Urban Limits / RERA / …

Real Estate Financing Deals INR 20 Crores and Above across India. Read More »

Singapore has introduced a new tax on sale of foreign capital assets with effect from 1st Jan, 2024:

⏩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 …

Singapore has introduced a new tax on sale of foreign capital assets with effect from 1st Jan, 2024: Read More »

GST EXEMPTIONS DISRUPT INPUT TAX CREDIT CHAIN, WILL COMPLEX GST: CBIC CHIEF

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 »

Introduction of Electronic Credit Reversal and Re-claimed statement- Latest CBIC Advisory dated 31.08.2023

CBIC vide Notification No. 14/2022 Central Tax dated 05.07.2022 has provided for certain changes in FORM GSTR-3B so as to enable the taxpayers in reporting correct information regarding Input Tax Credit (ITC) availed, ITC reversal, ITC re-claimed and ineligible ITC. Currently, the invoices not meeting the necessary conditions for availing ITC shall be reversed in …

Introduction of Electronic Credit Reversal and Re-claimed statement- Latest CBIC Advisory dated 31.08.2023 Read More »