As per Article 23, specified income from participating interest is exempt from Corporate Tax in UAE (CT). As per Clause 2 of the said Article,…
Insights
How angel tax norms for startups may impact on flow of Foreign Direct Investments in India?
20 May 2023Tax
The Union Budget 2023, expanded applicability of section 56(2)(viib) of the Income-tax Act, 1961 (the ‘Act’), commonly referred to as angel tax provisions, regarding issuance…
Taxation of non-residents under the UAE Corporate Tax Regime
30 Mar 2023Tax
The UAE has introduced Corporate Tax (CT Law), which would be effective in the UAE from financial years beginning on or after 1 June 2023.…
Amendments to IAS 8
20 Mar 2023Assurance
The International Accounting Standards Board (IASB) has issued amendments to Internal Accounting Standard (IAS) 8: Accounting Policies, Changes in Accounting Estimates and Errors. These amendments…
Key Updates on Personal, Corporate and International Tax
03 Feb 2023Tax
The key tax updates and the hits and misses of Union Budget 2023.
If you have a home loan or plan to take one, you are better off with the old tax regime
02 Feb 2023Tax
Irrespective of whether you have already bought a home or are living on rent but planning to buy a house, there is a good likelihood…
Article
Amendments to IAS 8
20 Mar 2023Assurance
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