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The enabling provisions for KRISHI KALYAN CESS (KKC) are contained in Chapter � VI of Finance Act� 2016. As per the provisions, KKC shall be applicable at 0.5% on all taxable services and the proceeds of KKC would be exclusively used for
SIMPLIFIED APPROACH TO SERVICE TAX - KRISHI KALYAN CESS - CHAPTER VI OF FINANCE ACT� 2016BUDGET SPEECH(�152. I propose to impose a Cess, called the Krishi Kalyan Cess, @ 0.5% on all taxable services, proceeds of which would be exclusively
ENTRY STRATEGIES FOR FOREIGN INVESTORS A foreign company planning to set up business operations in India has the following options: 1. AS AN INDIAN COMPANY A foreign company can commence operations in India b
A return is a statement of specified particulars relating to business activity undertaken by the taxable person during a prescribed period. A taxable person has a legal obligation: To declare his tax
One more Report of Joint Committee dated April 2015 was issued to give clarity on the issues relating Goods and Service Tax Payment.It is said that more the system and procedures are made electronic more is the efficiency of tax administration and gr
We carried the article on our website titled �Swachh Bharat Cess � Not so Swachh� containing the issues that needs to be settled by the board relating to Swachh Bharat Cess (SBC).The Board acted proactively and responded even when w
Good news for Baba Ramdev�!!!Will yoga classes carried by charitable institutions for consideration be chargeable to service tax?Charitable trusts organise yoga camps or other fitness camps and they generally are not free for participants, as
The thrust of Modi Government towards clean India has made the government to impose Swachh Bharat Cess. With the objective of financing and promoting Swachh Bharat initiatives, enabling provisions were made in the Finance Bill� 2015 to empower
As per the amendment made by Finance Act� 2015, the rate of service tax has been increased from 12.36% to 14% w.e.f. 01.06.2015. In this respect the issue which arise is that �Whether the cenvat credit of education cess which is available
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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