Minimum Alternative Tax (MAT) is a provision in the Indian Income Tax Act introduced to ensure that companies, despite having zero or low tax liabilities as per the regular provisions
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UPSC Preparation Strategy
Know the right preparation strategy for UPSC Civil Services Exam.
Goods and Services Tax (GST) stands as a pivotal fiscal policy tool adopted by many countries, including India, to streamline the taxation system.
The e-way bill, abbreviated for electronic way bill, serves as a requisite permit for the transportation of goods exceeding the value of Rs. 50,000,
The Goods and Services Tax (GST) stands as a pivotal taxation reform implemented by numerous countries worldwide, aimed at revolutionizing their tax structure.
Pigovian taxes and ad valorem taxes are two distinct mechanisms utilized by governments to address market inefficiencies and generate revenue
The Tobin Tax, named after Nobel laureate economist James Tobin, is a proposed levy on foreign exchange transactions. First suggested in the 1970s
Economy Notes
Transfer Pricing and Advance Pricing Agreements (APA) – UPSC Economy Notes
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Transfer pricing refers to the pricing of goods, services, and intangible assets exchanged between related entities within multinational corporations.
Economy Notes
Convention on Mutual Administrative Assistance in Tax Matters – UPSC Economy Notes
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The Convention on Mutual Administrative Assistance in Tax Matters stands as a pivotal international agreement facilitating cooperation among nations in the realm of taxation.
A Tax Information Exchange Agreement (TIEA) is a mutual agreement between countries that facilitates the exchange of information relevant to the administration and enforcement of their respective domestic tax laws.
Place of Effective Management (PoEM) is a crucial concept in international taxation that determines the jurisdiction where a business entity is considered to be managed and controlled.