In this edition, we bring to you certain important articles on various aspects.

The article on ‘Angel Tax – Genesis, Problem, Relief, Conclusion & Way Forward’ deals with the acute problem that is faced by the Start-up segment from the income tax perspective. In the said article, we have laid down the problem, the relief given by Ministry of Commerce & Industry along with Central Board of Direct Taxes, the conclusion as to who is eligible for such a relief and the way forward for other start-ups which are not eligible for the relief provided. I am glad to share the said article is also published on FTAPPCI Journal.

Read more: SBS Wiki E Journal Mar 2019

Key Topics:

AUDIT

• AUDIT OF HIGH SEA SALES

DIRECT TAX

• ICDS VI - EFFECTS OF CHANGES IN FOREIGN EXCHANGE RATES

FEMA

• CHALLENGES TO THE SHELL COMPANIES IN INDIA

Interim Budget 2019

Read more: SBS Wiki Budget Special Edition 2019

CONTENTS 

• NEW PROVISIONS: - 

1. OTHER THAN CORPORATE/BUSINESS;
2. CORPORATES/BUSINESS;
3. NON-RESIDENT AND CROSS BORDER;
4. ICDS;
5. NEW LEVY;
6. CHARITABLE INSTITUTIONS
7. PROCEDURAL; 

   Read more: SBS Wiki Budget Special Edition 2018

   Tags: wiki, news