Introduction: To optimize your taxes, it is essential to understand how capital gains are taxed on properties. When you sell an immovable property, the IRS taxes the difference between the sale price and your original purchase price, i.e the gain on your capital...
The Insolvency & Bankruptcy Code -2016 For last four years the Reserve Bank of India has been coming down heavily on NPA situation accumulated in the banking system over a long period through quarterly Asset Quality Review (AQR) process, bringing to light the...
PERIOD DEC16 – JUN 17 Insolvency and Bankruptcy Code 2016 (I & B Code 2016) was published in the Gazette of India on 28th May 2016. The object and reasons for the enforcement of the said Code the objective of this Code is to preserve by providing linear,...