All posts by nangia

Articles In Newspapers & Journals

Fresh KYC norms will help bring in transparency in the boardroom – Sumit Naib

It started off as a move to check proliferation of shell companies and keep a tab on unscrupulous elements in the board who misuse the system. The Ministry of Corporate Affairs announced a fresh KYC process in July for verifying credentials of Director Identification Number (DIN) holders. Sumit Naib, Associate Director shares his views on aforementioned story for Business Standard. Fresh KYC norms will help bring in transparency in the boardroom
Articles In Newspapers & Journals

Money gifted by relative in bank account is not liable to tax – Chirag Nangia

Starting September, those who are filing income tax return will need to provide a detailed break-up of Employees’ Provident Fund (EPF) withdrawal. This is among the few changes that the Central Board of Direct Taxation has done in the tax filing utility and ITR forms recently. 2.       Chirag Nangia, Director answers the weekly queries with regards to personal tax for DNA. Money gifted by relative in bank account is not liable to tax
Articles In Newspapers & Journals

Now, ITR forms seek EPF withdrawal details – Neha Malhotra

Starting September, those who are filing income tax return will need to provide a detailed break-up of Employees’ Provident Fund (EPF) withdrawal. This is among the few changes that the Central Board of Direct Taxation has done in the tax filing utility and ITR forms recently.   1.       Neha Malhotra, Executive Director shares her views on aforementioned story for Business Standard Now, ITR forms seek EPF withdrawal details