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23 Apr 20

Transfer Pricing – What are Associated Enterprises?

by the Tax Authorities. Thus, transfer pricing is crucial for your business, as proceeding without having an International Transfer Pricing is important as it serves two main purposes – 1) Understanding the internal Profitability and Costing of all Units of the same Organisation 2) Compliance with extensive reporting requirements placed…
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04 Aug 19

All That You Need to Know Regarding the Payroll Process

The payroll process passes on to the means required to pay employees each pay period and includes employees’ hours worked, their pay rate, and conclusions. Processing payroll guarantees employees are paid dependent on their business status and other Department of Labor (DOL) prerequisites. We’ll cover the fundamentals of payroll processing…
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08 Mar 19

Tax withholding on foreign remittances

Does my company make foreign remittances/payments? What are the important documents for me to be aware of? When is it required to withhold tax on foreign remittance? The sum payable to a non resident or a foreign company is income in the hands of the non resident / foreign company.…
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08 Mar 19

New Pension Scheme

Looking for employee benefit schemes? This is relevant to you. What is New Pension Scheme (NPS)? NPS is a retirement benefit scheme, the fundamental objective of which is to offer social security to the country men based on the scheme that one ought to save a certain amount for his…
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