CAclubindia Articles

Applicability Of GST On Restaurants, Hotels, Fine-Dining, Restaurants And Cloud-Kitchens

Shivam from Taxblock 17 September 2021 at 09:46

In this article we will talk about how GST affected the bills of restaurants, hotels and other places where we usually go out for eat something.

Posted in GST | 1 comments | 834 Views

New Income Tax Portal

Shivam from Taxblock 17 September 2021 at 09:46

New Income Tax Portal was launched on 7th June, 2021 by CBDT (Central Board of Direct Tax). The portal is being redesigned for the easy filing and to eliminate the glitches or any other difficulties.

Posted in Income Tax | 1 comments | 1206 Views

Advisory for Taxpayers regarding Generation of EWB where the principal supply is Supply of services

GST Plus 17 September 2021 at 08:43

GSTN has issued an advisory clarifying that in cases where the principal supply is classifiable as a supply of service but also involves the movement of goods i..

Posted in GST | 51 Views

New GST registration denial may badly affect our economy

CA Tejas Andharia 16 September 2021 at 17:49

Recently, many frivolous queries are seen to have been raised by concerned officials when businessman applies for registration of GST Number.

Posted in GST | 1239 Views

Payment of Gratuity and Exemption from Tax

Neethi V. Kannanth 16 September 2021 at 17:03

Gratuity is a monetary benefit given by the employer to employees. It is governed by Payment of Gratuity Act, 1972. The exemption limit has been increased to Rs 20 lakh from the earlier Rs. 10 lakh.

Posted in Income Tax | 993 Views

PLI Scheme for Drones and Drone Components

CS Lalit Rajput 16 September 2021 at 11:48

The PLI scheme and new drone rules are intended to catalyse super-normal growth in the upcoming drone sector. The aviation ministry expects drone manufacturing to attract investment of over Rs 5,000 crore in the next three years, generating over 10,000 direct jobs over the next three years.

Posted in Others | 432 Views

19 Key features of Drone Rules 2021

CS Lalit Rajput 16 September 2021 at 11:44

The Central Govt. on 15.09.2021, approved the Production-Linked Incentive (PLI) scheme for drones and drone components. It is a step towards realising our collective vision of an Aatmanirbhar Bharat.

Posted in Others | 540 Views

What is Mismatch under GST and How to arrive at Mismatches?

Shivam from Taxblock 16 September 2021 at 09:40

Mismatch in context of GST refers to the amount of disparity disclosed in GSTR 3B with the details given in GSTR 2B along with GSTR 2A. GSTR 3B is the consolidated form of monthly returns that contains details of total inward supply, outward supply, input tax availed, tax paid, and tax collected made by a registered person during a year.

Posted in Income Tax | 5205 Views

How to Overcome the Fear of Failure in Exams?

Neethi V. Kannanth 16 September 2021 at 09:40

If you have been struggling to overcome your exam fears, then this article is just for you.

Posted in Students | 1209 Views

Exemption to Section 64VB of the Insurance Act, 1938

FCS Deepak Pratap Singh 16 September 2021 at 09:39

The provisions of Section 64VB of the Insurance Act, 138 provides that an insurance company will not resume/accept risk unless insurance premium received in advance or before the date of assumption of risk.

Posted in Corporate Law | 699 Views