Tag: TCS
As the deadline for filing income tax returns approaches, various aspects of tax law that require reform come under scrutiny. One such aspect is the provision of tax collected at source (TCS). Originally designed to mandate sellers to collect TCS on behalf of buyers and deposit it with the...
The vintage adage is that once the United States sneezes, the arena catches a cold. And this time, the U.S. stuck Covid-19. Notwithstanding repeated tries through its valuable bank, the probability of the area's largest economic system slipping right into a recession in the subsequent 365 days has shot...
