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Finance Ministry notifies e-advance ruling scheme, allows filing e-mail application

The finance ministry has notified the 'e-advance rulings Scheme', enabling taxpayers to file their application for advance ruling through e-mail, a move that will majorly benefit non-resident assesses in such proceedings. The 'e-advance rulings Scheme, 2022', notified by the Central Board of Direct Taxes (CBDT), further provides that hearing before the Board for Advance

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FinMin notifies e-advance ruling scheme, allows filing e-mail application

The finance ministry has notified the 'e-advance rulings Scheme'.

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Only 28% Non-Resident Indians regularly file their tax returns, study finds

Only 28% Non-Resident Indians regularly file their tax returns, study finds
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US scraps changes to H-1B visa rules - The Hindu BusinessLine

Trump curbs would have shaved off I-T firms’ profit margins by up to 5.80%, hit mid-tier firms most In a huge relief to Indian IT service companies and techies, the Biden administration has scrapped changes to H-1B visa rules introduced by the Donald Trump administration in October 2020. Though the Trump-era regulation never took effect due to a federal court ruling, the US government has formally rescinded it and reinstated long-standing H-1B eligibility criteria. The rules would have revised the definition of “specialty occupation,” placed new restrictions on the placement of H-1B workers at third-party work sites and reinstated contract and itinerary requirements.

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