Discover India's move towards a digital Rupee announced in Budget 2022. Learn how it could reshape banking and challenge cryptocurrencies.
Small entrepreneurs face a pandemic dilemma as banks slash OD/CC limits. Discover how this impacts recovery and what solutions are needed.
Discover how to ease coronavirus lockdown restrictions gradually. Learn strategies for balancing public health with economic recovery and living alongside the virus.
Understand the Going Concern concept and auditor responsibilities during the pandemic. Learn how to assess business continuity amidst uncertainty.
The Central Board of Indirect Taxes and Customs issued notification no 49/2019 dated 09-10-2019, amending the rules for claiming Input Tax Credit wherein the government has capped the ITC that a registered person can claim.
In the erstwhile Central Excise and Service Tax regime the benefit of claiming export exemption was also available down the line to MSME and small scale suppliers of goods and services who supply goods and/or services to the primary suppliers supplying to exporters and sez's.
Facing GST interest demands on gross tax? Discover your rights and recent court rulings clarifying interest on net tax after ITC. Learn more!
The provisions relating to the cap of 20% on availing input tax credit notified as per Notification no 49/2019 dated 9th October 2019 only adds salt to the wound as businesses which are already reeling under the present adverse economic conditions.
This refers to the Service Tax Return for the period 1st July 2012 to 30th September 2012 which I have filed for some of my clients the last date of filing of which is 30th April 2013. I found that none of the returns filed by me has been reflecte
It has come to my notice that several banks are charging service tax on interest and finance charges on credit card payments. In certain cases although the nomenclature is clearly mentioned as “Interest” still the bank has charged servic
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English