RSM INDIA

Income tax return: The tax department has released a circular which outlines the criterias and procedure to be followed if a particular income tax return (ITR) is to be selected for scrutiny. These guidelines also includes the procedure and criteria...

Tax on concessional interest rate loan: The Supreme Court of India has stated that bank employees have to have income tax if they have availed loan from their employers at concessional interest rate or interest free rate. However as per our calculat...

Income tax return: The Supreme Court of India has refused to accept a petition wherein the tax department's assessing officer (AO) contested that a individual be denied the benefit of exempted income which he claimed by filing a revised ITR. The rea...

CLA Global is among the non-Big Four professional services networks, such as RSM, Baker Tilly, HLB, Mazars and Nexia, which, driven by the significant opportunities presented by India's growing economy, are rapidly scaling up their presence in the c...

No extension of concessional tax rate: Interim Budget 2024 has disappointed the manufacturing start-up companies by not extending the sunset date for concessional corporate tax rate of 15% beyond March 31, 2024. Some industry experts are of the opin...

There are usually two types of bank accounts that are operated by an NRI in India. These are NRE and NRO bank accounts. The money lying in NRE bank account is easily remitted by an NRI outside India. However, the same cannot be said for the NRO bank...

ASM indicates financial soundness of an insurance company, a necessary condition for it to make due payments. An inadequate ASM means the insurer may not be able to honour its commitment. Therefore, while seeking insurance cover, it is necessary to ...

E-commerce websites like Amazon, CRED, others oftentimes runs free to play gaming contests like spin-the-wheel and others. For the purpose of income tax these games are a game of chance and are taxed at flat 30% rate plus cess, etc. Nonetheless ther...

Solvency ratio of insurance companies: We buy insurance policies to financially secure the future of our loved ones in the time of unexpected and untimely events such as loss of life, loss of property, etc. Therefore, as a policyholder, it is import...

Wealth advisors and tax consultants said many of these individuals will now consider these debt products as a replacement to fixed deposits because of the likelihood of a higher tax outgo.

The Plant loaded 27 rakes of 260 metre long rails from its Rail & Structural Mill (RSM) and Universal Rail Mill (URM) for despatch to Indian Railways .

GOLF-PGA/SCORES:Golf-U.S. PGA Tour RSM Classic scores

GOLF-PGA/SCORES:Golf-U.S. PGA Tour RSM Classic scores

GOLF-PGA/SCORES:Golf-U.S. PGA Tour RSM Classic scores

GOLF-PGA/SCORES:Golf-U.S. PGA Tour RSM Classic scores

Japan's government spokesman said there was a high possibility the seismic event indicated that Korea had conducted a nuclear test, Reuters reported.

The group, which employs around 1,200 people across top 12 cities, is looking to expand to at least five other cities through mergers and acquisitions.

RSM in India has taken a strategic stake in General Carbon, which now becomes a subsidiary of RSM in India and will be called RSM GC Advisory Services, RSM Group said.

“To avoid TDS, property transactions may see a spurt till May 31, 2013 as the new tax law is only effective from June 1, 2013,” the brokerage said.