Extension of the concessional tax rate of 15% to domestic infrastructure companies and non-corporate taxpayers like LLPs and trusts, exemption from withholding tax on payment of interests on overseas bonds having longer maturity period than 5 years and allowing carry forward and set off of business losses for service industry are some of the prominent … Read more
The number of new companies incorporated under the companies law rose 26 per cent to over 1.55 lakh in 2020-21 as compared to the previous year, according to a report. In the report, Rubix Data Sciences on Wednesday said the last financial year started with a record-low registration of 3,209 companies in April 2020 and … Read more
New Delhi: In one of the clearest signs of a pick-up in business sentiment, company incorporations touched a seven-year high of 16,487 in July, or over 530 a day, according to data from the ministry of corporate affairs. The figure was a 50% increase from a year earlier. Officials said filings for new company registrations … Read more