Section 206C (1H) - TCS on sale of goods & some practical aspects

Introduction – As per Income Tax Act, 1961, certain persons are required to collect tax from their buyer at specified rate on specified transactions. In order to widen and deepen the tax net, it is proposed to amend section 206C to levy…
India turning digital

India Turning Digital - The Government Policies And Reality Check

In a country where every seventh person on the earth resides, it cannot happen that there’s only one big news, covering one person out of a billion, for a complete month, especially when we are talking about 2020 – the pandemic year. There…

Old Is Gold, But Gold Never Old? - ‘Gold As An Investment’ Explained

Unlike the west, celebrations are a big thing in India, especially weddings. Like spring and autumn, Indian weddings also have seasons based around the same time, and it’s not just a big family get-together, but also a huge marketplace for…

Do Product Bansserve The Purpose Portrayed?Explained

This is not the first time the topic has made headlines. Time and again ‘Ban Chinese Products’ has been used as a slogan in many speeches and discussions. However, for the first time, it is the Government who has officially called a ban…

The ‘Lemonade Recipe’ - Decoding The Blockbuster IPO

Take a glass of chilled water, add a little lemon juice, salt to taste, and enough sugar to make sure that the drink is potable. Stir the contents well, and ta-dah! A sweet-sour refreshing drink which is non-carbonated, healthy and pure delight…