News & Articles

Share Accounting Documents

The most important challenge a client faces while outsourcing the accounting is, How to Share Accounting Documents? The best way to do this is to share them on cloud. Choose from the free and […]

6 steps of Canada Payroll Taxes

An Employer, Trustee or Payer of remuneration or other types of income, is responsible to deduct Canada Payroll Taxes while making payment of such remuneration or other types of income. Payroll taxes include Canada Pension […]

Singapore Personal Income Tax – 4 things to know

Are you a local or a foreign Individual employee, self-employed or doing business in Singapore? You should know these 4 things on Singapore Personal Income Tax to ensure you are statutorily compliant in Singapore. […]

GST/HST Instalment Payments

Who should pay GST/HST by Instalment? Normally, GST/HST payments are due on the same day GST/HST returns are due. If you are an annual filer, you need to pay your GST/HST by the due date […]

13 Changes in Income Tax Return Form for AY 2014-15

Snapshot of changes in Income Tax Return Form for AY 2014-15 The Income Tax Department has notified major changes in Income tax return form AY 2014-15 relevant Financial Year 2013-14; All taxpayers filing E-Returns […]

Tax Breaks for FIFA World Cup Sponsors

Love football… Crazy about FIFA World Cup… Do you know that the Brazilians pay price of tax breaks for FIFA World Cup Sponsors? You must know that FIFA, football’s governing body, imposes preconditions on […]

Electronic sales suppression software – Illegal and attracts severe penalties

New penalties for businesses that use illegal electronic sales suppression software Are you using Electronic Sales Suppression Software (ESS) to conceal your sales? CRA can slap you a severe penalties and prosecution leading to […]

Factoring Solutions – As a tool of Working Capital Finance

Looking for Working Capital Finance? Use Factoring Solutions to leverage your cost of working capital! Working Capital is one of the main factors leading to smooth functioning of any business. In absence of adequate […]

No TDS on Service Tax

CBDT clarifies, no TDS on Service Tax in all payments to Residents The CBDT had clarified initially on no tax deduction on service tax component in the case of TDS on Rent u/s.194-I. However, […]

No TDS (Withholding Tax) on payment to Non-Residents

Neither sec. 194C nor sec. 195 attracted if sums paid to NR outside India for services rendered outside India The Hon’ble Delhi Tribunal (Bench “B”) has held that no TDS is deducted from the […]