Nangia Andersen in News: I-T relief on purchase of discounted shares of troubled companies- Suraj Nangia

In a move to encourage more investors to participate in reconstruction schemes, including Yes Bank and others approved by National Company Law Tribunal or are still pending with it, the government has exempted purchase of such shares at discounted prices from income tax. Our Partners , Suraj Nangia , Nangia Andersen LLP share their views on aforementioned story for following publications: Economic Times Times of India- Delhi Edition Business Standard Hindu Business Line…

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Nangia Andersen LLP in News: Digital Taxes—A Quick Fix or a Detriment to Global Economies- Suraj Nangia

India has retrospectively eased eligibility conditions for investment funds set up by Category-I Foreign Portfolio Investors (FPIs) such as sovereign funds, pension funds, regulated entities including offshore banks, to avail tax benefits. Our partners, Suraj Nangia write an op-ed piece on Digital Taxes—A Quick Fix or a Detriment to Global Economies for Bloomberg Tax- US. Attached is link to the article https://news.bloombergtax.com/daily-tax-report-international/insight-digital-taxes-a-quick-fix-or-a-detriment-to-global-economies

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Suraj Nangia spoke at VDMA Mechanical Engineering Summit, Bengaluru

We are proud to be associated as Gold sponsor with VDMA Mechanical Engineering Summit held in Bengaluru last week. Suraj Nangia, Partner, Nangia Advisors (Andersen Global) had shared his bits of knowledge on Draft Direct Tax bill and German Investments in India where in more than 250  delegates constituting mainly the German companies in India available at the event. VDMA  is a network of more than 3,200 engineering industry companies in Germany making it…

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ITR Filing 2019: Filing income tax returns for FY 2018-19? Here is all you need to know

The last date for filing Income Tax Returns (ITRs) is just around the corner. Taxpayers are required to furnish the details of income earned, source/ nature of the same and the tax paid or payable for financial year 2018-19. All individuals who have gross total income (before deduction under Chapter VI A) of over Rs 2.5 lakh are required to file ITRs. For those above 60 and below 80 years…

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