karnataka

News

CS-New Examination Centers at Belgaum (Karnataka), Gwalior (MP) and Bhilai (Chhattisgarh)


NEW EXAMINATION CENTRES AT BELGAUM KARNATAKA GWALIOR MP AND BHILAI CHHATTISGARH FOR CS EXAMS The Institute is pleased to announce opening of new Examination Centres at Belgaum Karnataka Centre Code 32

Full Story

CA Examinations - May,2013 for the candidates of Bangalore (Zone 2) (Karnataka), Jaipur (Rajasthan), and Sikar (Rajasthan)


Due to unavoidable circumstances candidates earlier allocated to the examination centre in 1 Govt R C College of Commerce Management Bangalore Zone 2 2 University Commerce College Jaipur 3 University

Full Story

Postponement of Examination scheduled on 4th & 5th May 2013 in the State of Karnataka


The Institute of Chartered Accountants of India Set up by an Act of Parliament Post Box No 7112 ICAI BHAWAN Indraprastha Marg New Delhi 110002 TO BE PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF I

Full Story

Centralised Processing centre for IT return in Bangalore


IT Return Processing Centres The Government proposes to set up a Centralised Processing Centre CPC during 2009 10 only at Bengaluru for processing of all Income tax returns received in the State of Ka

Full Story

New hubs to bolster tax kitty


The Central Board of Direct Taxes CBDT has discovered new hubs to bolster the tax kittyat this time at the grassroots The CBDT has spotted Panchayats in states such as Gujarat Maharashtra Karnataka an

Full Story

More News

Experts Opinions

Karnataka vat rate for beverages


the Karnataka vat rate for aerated and non alcoholic beverages increased from 14 5 to 20 from budget 2016 17 is there any change in that

Read Expert Opinion

Sale ofgoods from gurgaon to karnataka


Hi If a registered dealer of Gurgaon sell goods to Karnataka unregd dealer what form should accompany with transfer of goods

Read Expert Opinion

emerging business in india specially in small towns like davanagere karnataka


emerging business idea

Read Expert Opinion

Karnataka vat rate for contractor?


Dear sir please tell me the vat rates for contractor in karnataka state

Read Expert Opinion

karnataka State excise


Can I get some information about karnataka State excise registration and returns and their procedures for microbrewery

Read Expert Opinion

Discussion

Karnataka

sales

Read full discussion

Composition tax in karnataka/maharashtra

In case of Works Contract Services in Karnataka 4 tax is payable under composition scheme i case i show material part say Rs 60 and Labour Part say Rs 40 separately in the bill whether i am supposed t

Read full discussion

Karnataka value added tax applicability

Whether the booking advance collected by developer of Residential Complex during construction stage through marketing firm sister concern attracts VAT

Read full discussion

Work contract tax in karnataka

please give me applicability of work contract tax in Karnataka state in case of applicable rate

Read full discussion

Wct in karnataka

Applicability of deduction of WCT in karnataka VAT A trust given acontract to local vendor for construction of a new building whether a trust is liable to deduct WCT TDS If yes whether trust need to t

Read full discussion


More Messages




File Download

  • Jurisdictional ITO Karnataka for 2016

    Income Tax Officers Karnataka jurisdiction along with telephone Directory for the year 2016

    Download

  • Karnataka Budget 2016-17

    Key features of Karnataka Budget 2016 17 presented by Honorable CM cum FM of Karnataka

    Download

  • Karnataka VAT Commodity Code

    KARNATKA VAT COMMODITY CODE

    Download

  • Important changes under Central and State Tax Laws

    The following are the important changes under Central and State Tax Laws with effect from 1st April 2015 1 Conveyance Allowance Transport allowance granted to an employee is exempted up to Rs 800 per month The limit of exemption is now enhanced to Rs 1600 per month 2 Profession Tax Those whose salary for a month was more than Rs 10 000 were supposed to pay Profession Tax of Rs 150 per month Now from 1st April 2015 the persons drawing salary up to Rs 15 000 per month are exempted from Profession Tax Applicable for Bangalore 3 Profession Tax exemption for senior citizens who have attained age of 60 Years Applicable for Bangalore 4 Wealth Tax Is abolished from 1st April 2015 Keep all the wealth tax papers of past 8 years in safe custody even though wealth tax is abolished from FY 2015 16 5 Mediclaim Insurance The premium paid towards mediclaim insurance is enhanced from Rs 15 000 to Rs 25 000 per year for senior citizen it is enhanced from Rs 20 000 to Rs 30 000 per year u s 80D 6 Basic Exemption Limit for VAT registration in Karnataka Now the traders who expect to do annual taxable turnover sales of less than Rs 10 Lakhs needn t register under Karnataka VAT Laws However other aspects of registration which were applicable till March 2015 will continue to apply 7 Reverse Charge Method under service Tax Laws w r t Manpower Consultancy Currently in case manpower supply or security services is provided by individual HUF or partnership firm to a body or a corporate the service provider is liable to deposit Service Tax to the extent of 25 and service receiver liable to deposit Service Tax to extent of 75 W e f 1st April 2015 Service Tax is not required to be charged by specified service provider i e individuals HUF Partnership Firms and the same is to be paid by the service receiver entirely i e instead of 75 the service receiver has to pay 100 F No 334 5 2015 8 ESIC Payment Through Online Online payment of ESI contribution made easier Now facility for payment of ESI contribution through net banking is made available through State Bank of India and 58 major banks 9 PF Payment Made Online The EPFO payment has been made online Mandatory effective from 1st May 2015

    Download

  • Karnataka VAT- Matching of Input Tax Credits

    Karnataka Commercial Tax Department has issued Notification no CCW CR44 2013 14 dated 29th April 2014 making mandatory for specified class of dealers to furnish purchases and sells details electronically After furnishing details next step is to rectify mismatching of uploaded details This article is an attempt to explain the provisions and procedures and also consequences of non compliance

    Download


More Files

Articles

Discussion on Value Added Tax, Karnataka - Part 2


Businessincludes Section 6 a any trade commerce manufacture or any adventure or concern in the nature of trade commerce or manufacture whether or not such trade commerce manufacture adventure or conce


Full Article

Discussion on Value Added Tax, Karnataka


Introduction The White Paper is a policy document indicating basic policies of State Sales Tax VAT Haryana was the only State to introduce VAT w e f 1 4 2003 About 21 States have introduced VAT though


Full Article

TDS on Industrial Canteens - Karnataka VAT


VAT is a levy on sale of goods For the purpose it is usually the seller who would be held liable for payment of VAT However there are few exceptions created under the VAT provisions As per Section 3 2


Full Article

VAT Problems In E-Commerce Transactions - Amazon's Karnataka Case Study


VAT Problems In E Commerce Transactions Amazons Karnataka Case Study A Potential Noscitur Principle Issue E commerce transactions in India are gaining popularity at the very fast pace majorly due to i


Full Article

Major Changes in E-sugam (Karnataka VAT)


Following major changes have been effected by the government of Karnataka for E Sugam videCircular No ADCOM IC P A CR 31 2011 12 DT 09 10 2013 Please spend some time to read the gist of major changes


Full Article

More Articles


Updated on : 6/9/2016 7:59:09 AM


close x