GST Council Meeting Updates: The council has allowed the state of Kerala to impose a cess of up to 1 percent on intrastate sales for two years, says Finance Minister Arun Jaitley.… Read More
What is a limited liability partnership company? BRIEF INTRODUCTION Limited Liability Partnership (LLP) is business form which provides benefits of limited liability partnership and adaptability of a partnership business. Compliance requirement is a smaller… Read More
Direct Tax Updates: The Details of the Income tax circular is asked by the Government. The Circular was issued and then Reverted By the CBDT (Central Board Of Direct Tax)… Read More
RBI Updates: After a great run in building a liquor business of Vijay Mallya is became the poster boy of India in the 21st century. If Banks is blamed partly… Read More
GST Guidance on GST composition scheme GST Composition Scheme Particulars Supply of services [Section 10(2A)] Supply of goods [Section 10(1)] Applicability of the GST Composition Scheme. Whose aggregate turnover… Read More
Income Tax Updates: It is notified by CBDT that DTAA between India-Hong Kong for avoiding double taxation and Preventing Fiscal Evasion with Respect to taxes on Income. Indirect Tax… Read More
INCOME TAX UPDATES : Old vs New Tax Regime Choosing between the old and new tax regimes Choosing between the old and new tax regimes at the beginning of the… Read More
INCOME Tax Updates: The Assessment is reopened simply on the basis unclear information received from the Director of Income Tax by the Assessing without independently applying his own mind to… Read More
Generated E-invoice and applicability with Exception of E-invoicing Compulsory E-invoicing generation limit further reduces from Rs. 100 Cr to 50 Cr You needed to aware the E-invoicing is mandatorily applicable… Read More
Income tax Updates: Direct tax collection has risen up by 15.7% for the period of April-November as compared to previous year. Collections added to Rs 6.75 lakh crore while refunds… Read More