ppf interest taxable

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Tax rate on fertilizers reduced to 5% from 12% under GST


Decision to reduce Tax Rate on Fertilizers from existing 12 to 5 under GST taken in the interests of the Farmers Under GST regime a uniform MRP of Rs 295 47 per 50 kg bag to be fixed across the country GST regime to deter inter state smuggling of fertilizers by integrating the entire fertilizer mark

Final GST Registration Rules and Format of Forms


CHAPTER REGISTRATION 1 Application for registration 1 Every person other than a non resident taxable person a person required to deduct tax at source under section 51 a person required to collect tax at source under section 52 and a person supplying online information and data base access or retriev

International Opportunities for Company Secretaries


Dear Professional Colleagues A number of our members have from time to time been expressing interest for professional avenues in different countries Many among these are those who would like to shift their base to some other country at least temporarily in order to practice the profession of Company

Govt announces revised rates of interest on Small Savings leaves PPF untouched


The Union Government has announced revised rates of interest on Small Savings Schemes for the First Quarter of 2017 18 to bring them somewhat closer to market rates Small Savings schemes will continue to be attractive as some of them enjoy income tax benefits and additional interest rate spreads Rev

Inviting expression of interest from CA firms for Indian Railways project


ICAI Accounting Research Foundation ICAI ARF established by the Institute of Chartered Accountants of India in January 1999 as a Section 25 Company under the Companies Act 1956 now a Section 8 Company under the Companies Act 2013 for promoting research in the areas of accounting auditing capital mar

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Experts Opinions

gift taxable or nit


is gift received from nephew to aunt is taxable or not

service (gst) on transportation of agricultural commodity by trader to trader is taxable or not


It s applicable or not

HOUSING LOAN INTEREST DEDUCTION


Sir I have a small doubt Some x take a house loan from a bank to construct a house for which the land is in the name his wife let it be y Y had no income at all Can x can take the deduction of that interest paid by him

TDS ON INTEREST


If A takes loan in his personal account and then transfers the same to his proprietorship bank account which is subject to tax audit is there any liability of TDS deduction on interest

TDS on interest


If i take loan in my personal account then transfer the funds to my proprietorship firm account which is liable to tax audit then is there liability of TDS deduction

Discussion

co operative society taxable heads

in housing society which collection heads are exempted and on which heads GST applicable

int accrued on ppf

hi interest accrued on public provident fund PPF is it taxable under o s thanks

gst on interest

dear sirplease explain me that I am paying interest to creditors on late payment charge so what gst applicable on this tipe transaction please explain

composition and interest income

Partnership firm registered under gst composition scheme had also given loan to other firm and earn intt Can the firm still opt for composition

free goods taxable in gst or not?

as in Pharma sector free goods likeproduct X 10 2freeis 2 free is taxable in gst or not

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Interest Rate Under GST Act 2017


Central Board of Excise and Customs has notified fixed Interest to vide Notification No 13 2017 Central Tax date 28 06 2017 The fixed rate of Interests are as under S NO Nature of Levy interest Rate of Interest 1 Delay payment of Tax 18 2 Contravention output tax liability of the recipient in his re


Casual and Non-resident Taxable Person under GST


GST Law provides for some safeguards and provisions to levy taxes on a person who doesnt have any permanent base for supplying goods or services or a foreigner who entered in taxable territory without any intention to stay in India for a long time with a fixed base to supply goods or services in Ind


Payment of tax, interest, penalty and other amounts under GST


Payment of tax interest penalty and other amounts under GST in 10 points 1 In the GST regime for any intra state supply taxes to be paid are the Central GST CGST going into the account of the Central Government and the State UT GST SGST going into the account of the concerned State Government For an


Audit of taxable person as per CGST Bill


Like existing provision of law every taxable person shall self assess the tax in the Goods and Service Tax regime also The tax departments dont have direct control over supply of goods or services The departments through audit conduct verification of accounts returns and other records related to pro


Casual Taxable Person And Non-Resident Taxable Person


A A casual taxable person is defined u s 2 20 of the GST Act as follows 20 casual taxable person means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business whether as principal agent or in any other capacity in a Sta


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Updated on : 7/16/2017 2:12:14 PM


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