The council of Institute of Chartered Accountants of India every year submits Pre-Budget Memorandum to Government.
The Lok Sabha has passed the Finance Bill (No. 2), 2019 on 18 July 2019 with certain amendments. The key direct tax amendments are summarized as under: ..
The Union Budget 2019 was presented on 5th July in the Lok Sabha by the First Female Finance Minister Mrs. Nirmala Sitharaman. Highlights of the Budget 2019 for..
INDIRECT TAXA. CustomsCustoms Duty Increased/Imposed- Increase in custom duty on Gold and other precious metals - from 10% to12.5%.- Basic Customs Duty increase..
It is a common understanding that an obligation file the return of income under the income-tax Act arises only if the income exceeds the maximum amount not char..
GDP- Gross Domestic Product Gross Domestic Product (GDP) is the final value of all Goods and Services produced by a country in a particular
NBFCs: Impact Assessment of Carrot & Stick Approach of Proposed Amendments in the Union Budget 2019-20!!
1. There is not any change in slabs of tax rates, but there are following changes in surcharge rates for Individual, Hindu undivided family, association o..
Arjuna (Fictional Character): Krishna, Union Finance Minister has presented Union Budget for
Applicability and Process:Before the introduction of GST India was a curious mix of taxation laws, some aligned to global standards, and some not.Traditionally ..
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