Tag: Grant Thornton India

CBDT allays SMEs fear over reopening of past cases

The income tax department has sought to allay fears of companies, particularly those in the Small and Medium Enterprises (SMEs) sector, over reopening of earlier cases due to increased turnover reported in the current financial year because of digitisation. In a circular, the Central Board of Dir…

Raising funds, tapping talent may get easier for start-ups

Taking the Start-up India drive a step ahead, the Companies Law Committee has laid out a bunch of recommendations that specifically address issues relating to start-ups, in its draft recommendations submitted on February 1. At present, the fund raising limits for start-ups during the initial five…