International opinion on taxation of digital economy is divided and amendments to DTAAs or multilateral instruments to introduce the concept of digital permanent establishment is not coming anytime soon
4 min read22 Feb 2018As per the recent amendments effective from the FY2017-18, the house property loss incurred in a financial year has been capped at Rs2 lakh
3 min read17 Apr 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared