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In The Media

- 17, Sep 2021

GST Council Meet Begins: Tax Compensation on Covid Drugs, Petrol, Zomato Under GST? Key Updates

“The GST council meeting this time would be a physical one, the first post the outbreak of the pandemic. The news about the discussion of including petroleum products under GST has increased the attention. Considering the fact that it’s a...

- 17, Sep 2021

Salaried or earning from business and profession? Not everyone can change Income Tax regimes every year.

According to Sundara Rajan TK, the new tax regime provides for payment of tax at a lower rate, subject to the foregoing of specified exemptions and deductions viz. the standard deduction of Rs 50,000, professional tax, house rent allowance, leave...

- 16, Sep 2021

GST Council meeting likely to be stormy as three contentious topics on the table

“As it is a highly debatable issue and may have severe impact on finance of both states and the Centre considering the fact that the states are trying to recover from the pandemic, it is expected that no major movement...

- 15, Sep 2021

Cabinet Approves Moratorium for Telecom Companies to Pay AGR Dues; Relief to Vodafone

“Telecos would surely be welcoming the decision of the union cabinet today. Though all the decisions are prospective but they would do lot of good to the ailing sector. Moratorium of 4 years for the AGR with interest of MCLR...

- 15, Sep 2021

Union Cabinet Approves Rs 26,000-Crore PLI Scheme for Auto, Drone Industry

“In the case auto sector, the announcements look more like a long term strategic policy than the one for immediate result. The scheme is for  battery run electric vehicles and hydrogen cell based vehicles and on the component front it...

- 10, Sep 2021

How to claim income tax refund

Sundara Rajan TK, CA and Partner at DVS Advisors LLP says, "A person can file his/her income tax return either using online method (only for ITR-1 or ITR-4 form) or using JSON utility."

- 07, Sep 2021

I invested in Franklin’s Ultra-Short Bond MF which wound up. How do I show amount recieved in ITR?

Divakar Vijayasarathy, Founder and Managing Partner, DVS Advisors LLP replies, "Irrespective of the scheme option (Growth or income distribution or IDCW), the taxation of the receipt of principal amount and interest upon winding up of the fund or scheme remains...

- 06, Sep 2021

What Is A REIT And How Does It Work?

Divakar Vijayasarathy is the founder and managing partner of DVS Advisors LLP, an international professional services company offering tax, legal, risk, mergers and acquisitions advisory services. He is an ex-banker and a chartered accountant. He entered the advisory practice in...

- 23, Aug 2021

Income Tax Return: FM Asks Infosys to fix Glitches of incometax.gov.in by September 15

“The taxpayers have been encountering numerous issues in relation to the new portal viz. non-availability of required information, site being under maintenance, return filing issues, issues in relation to Form 26AS, etc. As only around 40 days being left for...

- 18, Aug 2021

How to Invest In REITs?

Divakar Vijayasarathy is the founder and managing partner of DVS Advisors LLP, an international professional services company offering tax, legal, risk, mergers and acquisitions advisory services. He is an ex-banker and a chartered accountant. He entered the advisory practice in...

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