Tax planning and management is one of the primary areas accountants help their clients. Taxes are either direct tax or indirect tax. Where the amount of direct tax owing can be influenced by other factors, indirect taxes are straightforward in that their calculation is typically a predetermined perc..

The Tax Excessive CEO Pay Act, introduced by lawmakers aims to address income inequality by imposing a corporate tax rate increase on companies with a high CEO-to-worker pay ratio. Under this act, if a corporation’s CEO or highest-paid employee’s compensation exceeds 50 times the median worke..

The Tax Deducted at Source (“TDS”) provisions under the Indian Income Tax Act of 1961 (“IT Act”) have been the cornerstone of the country’s tax architecture. A payer (or a deductor) is expected to be vigilant at the time of entering into any transaction, so that the required taxes are duly..