Latest News on Compliance
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Compliance - Total results - 248
Nov 21, 2017
General data protection regulation will be a game-changer but businesses will have to reshape their strategyGDPR is about companies handling the personal data of their customers, partners and employees with care and respect.
Nov 14, 2017
GST: Arun Jaitley terms linking rejig to elections 'juvenile politics', rejects Rahul Gandhi's single rate demandThe GST Council, which Jaitley heads, had last week brought down tax rate on 178 products from 28 percent to 18 percent and pushed down several others in lower bracket. Congress, which has made high tax rates and increased compliance burden in the GST regime an election issue in the run up to the assembly elections in Gujarat, claimed credit for the move.
Nov 10, 2017
Govt's war on black money will not be complete unless tax evasion by big corporates is curbedLowering the threshold for subsidiaries of MNCs located in India to report their data on a country-by-country basis to Indian tax authorities, and enacting the Beneficial Ownership of Companies Bill will help curb corporate tax evasion
Oct 24, 2017
Rahul Gandhi’s ‘Gabbar Singh Tax’ jibe: Why Congress vice-president should end theatrics and offer solutionsThe mistake Gandhi does often is to forget to ask the real questions and confine himself to theatrics in his public rallies, thus harming his own brand and leaving questions on his political acumen.
Oct 03, 2017
GST: What is a composition scheme? Who can opt for it? What are the rates? A Cleartax explainerTo opt in for composition scheme a taxpayer has to file Form GST CMP-01 or GST CMP-02 with the government.
Aug 05, 2017
GST stocktaking-IV: Small businesses are in a state of confusion; by resolving it India can improve its ease of business rankingIndia anyway ranks very low in ease of doing business ranking and paying taxes ranking
Jul 31, 2017
RBI levies Rs 3 cr penalty on Union Bank of India for KYC non-complianceWhile in one case a penalty of Rs 2 crore has been imposed, Rs 1 crore has been slapped in another case.
Jul 25, 2017
With BJP demanding reopening of Bofors probe, Congress won't be saved by Rahul Gandhi's rhetoric aloneThe PAC sub-committee has handed a weapon to the ruling party through its suggestion to reopen the Bofors scam involving former Congress leader and prime minister Rajiv Gandhi
Jul 03, 2017
Domestic manufacturers of electronic components to benefit from GST: StudyThe domestic manufacturers of electronic components will benefit from the GST regime as the cost of manufacturing will be significantly brought down.
Jun 30, 2017
As GST launch nears, here is a list of eight critical challenges for the govtThe next few months will be very critical for the nation as the entire system adjusts to the new tax regime