Accounting & Tax Advisory

  • by Chaitra Varshini Srivatsavai
  • May 28, 2020
  • For tax purposes, companies are required to record the exchange of goods using the arm’s-length principal. India’s Income-tax Act, 1961 prescribes the following methods to determine the arm’s length price between two affiliated companies:

  • by Srikar Kedarisetty
  • May 28, 2020
  • Currently, the applicable rates of GST on medicines are basically divided into four brackets: 0%, 5%, 12%, and 18%. Check out the positive Implications of GST on Pharma Industry