Articles by CA Ruby Bansal

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Summary of Interim Union Budget 2024-25

  CA Ruby Bansal    01 February 2024 at 13:19

The Finance and Corporate Affairs Minister Smt Nirmala Sitharaman, while presenting the Interim Union Budget for 2024-2025 in Parliament today announced that the capital expenditure outlay for the next year is being increased by 11.1 per cent to Rs 11,11,111 crore, which would be  3.4 per cent of the GDP.

Posted in Union Budget |   7122 Views


GST on Medicines

  CA Ruby Bansal    24 January 2024 at 16:58

This tax impacts the pricing of medicines and healthcare services, influencing the overall cost structure for manufacturers, distributors, and consumers. 

Posted in GST |   5470 Views


TDS On Sale Of Property For NRI

  CA Ruby Bansal    23 January 2024 at 17:35

While selling a property, the buyer is required to deduct a certain percentage of the sale amount as TDS. TDS on property sale is a mechanism to ensure that taxes are deducted at the time of property transactions.

Posted in Income Tax |   3774 Views


Form GST DRC-01

  CA Ruby Bansal    28 December 2023 at 17:43

DRC-01 stands for "Demand and Recovery Certificate-01" is a form that is used by the officer under GST to issue a summary of the show cause notice to a taxpayer.

Posted in GST |   8446 Views


Penalty Levied For Violation of Section 122(1)(i) of CGST Act, 2017

  CA Ruby Bansal    23 December 2023 at 13:34

The officers are conducting on-site visits to entities and shops to purchase products and inspect the issued invoices. If the invoices are fake or incorrect, they issue notices under section 122 (1) (i) of the CGST Act, 2017. 

Posted in GST  1 comments |   7390 Views


Customs Duty on Imported Goods

  CA Ruby Bansal    13 December 2023 at 15:50

Customs duty is a indirect tax which is imposed on goods when they cross international borders. It serves to protect a country's economy, jobs, environment, and residents by regulating the movement of goods

Posted in Custom |   1089 Views


Does It Make Sense To Use Cryptocurrency In Business?

  CA Ruby Bansal    11 December 2023 at 14:57

If you regularly make payments and need a reliable Ukrainian tool to track price dynamics for money exchange - Rates are what you need.

Posted in Others |   813 Views


What Are the Benefits of a Personal Loan for a Chartered Accountant?

  CA Ruby Bansal    01 December 2023 at 15:13

In this blog, we'll explore personal loans and the benefits of a Personal Loan for a Chartered Accountant.

Posted in Others  1 comments |   1698 Views


6 Tips To Improve Your Professional And Public Speaking Skills

  CA Ruby Bansal    27 November 2023 at 15:41

The good news is that with practice and the right strategies, it's possible to overcome this fear and become a confident public speaker. Here are six tips to help you improve your professional and public speaking skills.

Posted in Others |   1712 Views


India's Online Gambling Tax Rate: What You Need to Know

  CA Ruby Bansal    17 November 2023 at 11:58

"There are two sides to every coin" is an analogy that can be applied to almost every area of life. One scenario where this is certainly true is the taxes applied to money earned through gambling.

Posted in Income Tax |   1428 Views