CORPORATE AND PROFESSIONAL UPDATES 16-JAN-2018 RBI Update: The Reserve Bank of India has today notified that the Foreign Portfolios Investors (FPIs) investment limit under Portfolio Investment Scheme in M/S Granules… Read More
VAT Registration Threshold If the Annual Turnover of the company is more than AED 375,000/, it is mandatory for the company to register under UAE VAT If the Annual Turnover… Read More
CORPORATE AND PROFESSIONAL UPDATES 15-jan-2018 MCA Update: Stakeholders of Coadunation of Delay Scheme (CODS) (notified vide General Circular No.16/2017 dated 29th December 2017) may kindly note that the process for… Read More
TAX INVOICE UNDER GOODS AND SERVICES TAX Invoice is a commercial instrument issued by a seller to a buyer. It identifies both the trading parties and lists, describes, and quantifies… Read More
AN ANALYSIS- VALUATION OF UNQUOTED SHARES Finance Act, 2017 inserted two new provisions under the Act- under Section 56(2)(x) section 50CA. The said sections were inserted to deal with a… Read More
DON’T GET CONFUSED WITH UAE VAT Value Added Tax (VAT) is an indirect tax. It is a type of general consumption tax that is collected incrementally, based on the value-added, at… Read More
Registration Of GST Made Easier For Service Providers GST Registration for Service Providers Registration of GST has been made easier for service providers by implementing modified rules in the 23rd… Read More
How to charge GST on expenses in the Invoice There are following possible options for charging expenses like: Freight, Packing Charges, and Loading/Unloading Charges: Options Appropriate Option 1 Charge GST… Read More
HOTEL INDUSTRY & FOOD INDUSTRY UNDER GOODS AND SERVICES TAX Goods and Service Tax (GST) is a destination-based consumption tax which is a levy of tax on all goods and… Read More
CORPORATE AND PROFESSIONAL UPDATE 9-JAN-2018 Direct Tax: Mumbai ITAT rejects AO’s invocation of deeming fiction u/s. 50C in computing capital gains on land introduced into an LLP as a capital… Read More