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Income Tax Highlights
There are amendments to Section 24 of the Income Tax Act 1967 (ITA) of which effective from the year of assessment 2016.

Businesses put in the tight spot-The Star
SMEs are increasingly struggling to meet their debt obligations, and may find themselves in prolonged financial constraint as banks tighten the belt on credit and the economy continues to languish.

GST Highlights
Refer to the Para 4 third scenario, the calculation of total cost to the donor for the gift rule is excluded on the cost of goods subject to the 0% and acquired from a non-registered person.

PRISM- TAX NEWSLETTER (1st Quarter 2016 issue)
We are pleased to bring to you the latest issue of PRISM – the quarterly tax newsletter, which is part of Reanda’s effort to stay in touch with our clients by sharing updates and insights on the recent taxation changes and current hot topics.
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