Shaleen Shah

Equalisation Levy is going to create a huge problem for startups

by
January 2, 2017
···
[Source: www.forbesindia.com] Tax lawyer Nishith Desai believes the Equalisation Levy, also known as ‘Google Tax’, will have important repercussions for the Indian startup ecosystem As part of the continuing opposition from industry bodies to the ‘Equalisation Levy’ that came into effect earlier this year, the Internet and Mobile Association of India (IAMAI) and law firm Nishith Desai Associates, in a

Amount received by private companies from their members, directors or their relatives before 1st April, 2014 not to be treated as ‘deposits’

March 30, 2015
The Ministry of Company Affairs has issued the following clarification that Amount received by private companies from their members, directors or their relatives before 1st April, 2014 not to be treated as ‘deposits’ under the Companies Act, 2013 and Companies (Acceptance of Deposits) Rules, 2014. General Circular No.05/2015 dtd. 30-Mar-2015
Read More

Due Dates for filing Gujarat VAT & CST Returns

December 10, 2014
[By Shaleen Shah (Partner), VNCA] We had informed you regarding Amendment in Gujarat VAT Rules for filing of Returns. In a subsequent Circular No.156/135 the State Government has stated that the relief of additional time given for filing E-Returns vide Circular No.105/92 dtd.23-Dec-2010 shall continue even after the aforesaid Amendment
Read More

Gujarat VAT Amnesty Scheme for builders & developers

November 10, 2014
[By Shaleen Shah (Partner), VNCA] This article was published in the Gujarati Newspaper, `Jaihind Daily’ on 6-Nov-2014 The States derive the power to levy salestax or VAT on indivisible works contract through Article 366(29A)(b) added by the 46th Amendment to the Constitution to cover ‘transfer of property in goods (whether
Read More

Long-term FMP Investors Face Almost Zero Tax Now

August 29, 2014
Investors in short-term debt funds may be ruing the changes in tax rules but long-term investors have plenty to smile about. They are still eligible for a tax bonanza, thanks to the indexation benefit available on investments of more than three years. If you invested in a three year fixed-maturity
Read More

Budget (No.2) of 2014–Service Tax Amendments

July 29, 2014
[By Shaleen Shah (Partner), VNCA] Downloadable PDF File Amendments relating to service tax proposed in the Finance (No.2) Bill, 2014 as passed by the Lok Sabha on 25-7-2014, with relevant Notifications issued, are discussed as under. The date on which the amendments are effective are indicated against each clause. The
Read More
1 … 9 10 11 12 13 … 27
GoUp