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Circular No. 36/2016

?Taxability of the compensation received by the land owners for the land acquired under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (‘RFCTLAAR Act’) Source: Latest News

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EU proposes common tax rules to close avoidance loopholes

Multinational companies would have to calculate their tax liabilities according to one set of rules across the European Union under proposals on Tuesday aimed at stopping them shifting profits to avoid taxes.To close the loopholes offered by different national tax…

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Tourism helps reshape SA economy: Morrison

Travel authority Lonely Planet has listed SA at number five in its top 10 regions to visit in 2017, noting the state’s rolling wine country, fresh produce festivals and picturesque outback landscapes. “I love it,” Mr Morrison said SA’s of…

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Power gencos face penalty as coal demand hits a low

Stagnant power demand has pushed the sector to a new low. Around 30 power generating companies (gencos) with cumulative annual contracted quantity of coal (ACQ) of 400 million tonnes (mt) are sourcing the fuel below the lowest permissible threshold stipulated…

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