Tag Archives: Rakesh Nangia

Panel to hear taxpayer before invoking GAAR under new set of rules – Rakesh Nangia

As a major step to revive India Inc, Finance Minister on Friday has announced a Corporate Tax rate cut along with several other fiscal benefits. Our founder and Managing Partner Rakesh Nangia shares his views on Taxation Laws (Amendment) Ordinance 2019 with following publications: Rakesh Nangia, Managing Partner shares his views on Panel to hear taxpayer before invoking GAAR under new set of rules for Livemint. Panel to hear taxpayer before invoking GAAR under new set of rules

Tax cuts to come with many riders – Rakesh Nangia

As a major step to revive India Inc, Finance Minister on Friday has announced a Corporate Tax rate cut along with several other fiscal benefits. Our founder and Managing Partner Rakesh Nangia shares his views on Taxation Laws (Amendment) Ordinance 2019 with following publications:
  • Economic Times- Standalone story
  • Hindu Business Line- Companies to see improved earnings with lower tax outgo
  • Hindu Business Line- Tax cuts to come with many riders-Standalone story
  • Taxsutra
tax-cuts-to-come-with-many-riders-rakesh-nangia

Govt notifies faceless e-assessments in tax- Rakesh Nangia

The income tax department’s scheme for assessing tax returns electronically without any personal contact between officials and tax payers has become effective, with the government notifying the e-assessment scheme, 2019, on Friday. Rakesh Nangia, Managing Partner and Sandeep Jhunjhunwala, Director, Nangia Advisors(Andersen Global) share their views for following publications: Business Standard Livemint Financial Express Times of India Indian Express BloombergQuint Timesnow.com CNBCTV18.com IANS(News Agency) govt-notifies-faceless-e-assessments-in-tax-rakesh-nangia

DTC panel suggests radical changes in income tax – Rakesh Nangia

A government panel tasked with overhauling the nearly six-decade-old Income-Tax Act on Monday recommended significant relief for taxpayers, including an across-the-board 25% tax rate for both local and foreign companies and changes in personal tax slabs to benefit middle and upper middle class Indians. Rakesh Nangia, Managing Partner with inputs from Sandeep Jhunjhunwala, Director shares his views on aforementioned story for Livemint- Front page/ First story. DTC panel suggests radical changes in income tax