Among the other decisions taken in 37th GST Council Meetings held on 20th September 2019, liability to pay tax on reverse charge basis on service of renting of motor vehicles is also decided and made effective through notification no 22/2019 Central Tax (Rate) dated 30th September 2019 w.e.f. 1st October 2019
It' s understandable that working remotely, without any company and communicating remotely with co-workers can seem like a cumbersome and tedious task, but what cannot be avoided, needs to be embraced!
Many individuals procrastinate when it comes to filing their income tax returns, especially those who are filing their tax returns for the first time. All individual taxpayers having a total income of more than Rs. 2.5 lakh are required to file the income tax returns on or before the due date.
MCA has made amendments under Schedule III has made amendments and introduced Companies(Furnishing of information about the payment to micro and small enterprise suppliers)Order 2019 thereby notified filing of Form MSME-1.
If the Company has excess funds they can buy back their shares from existing shareholder which will improve return on equity. This corporate restructuring step boost the confidence of the investors in the Company and prevents hostile takeover of the Company.
Employees' Provident Fund Organization, India, Ministry of Labour & Employment, Government of India has issued FREQUENTLY ASKED QUESTIONS ON EPF ADVANCE TO FIGHT COVID-19 PANDEMIC Dated 26/04/2020.
Most of us discuss the information related to remuneration during the salary negotiation round after qualifying for the job interview. After that, the matter is never brought up and employees do not bother taking their payslip in hands to analyze it. Let us understand the components of our pay slip.
CSR is intended for spending on welfare areas for which the government claims to lack funds and requires assistance. Yes, Corporate can claim Contribution given to a School though any trust and/or Corpus of trust for the purpose of promoting education.
Considering the canon of ability to pay tax, the income tax slabs have been introduced and it's been amended from time to time based on the exigency without affecting the canon behind the act. As such, I am not in line with a provision, section 87A of IT act, which gives rebate on Income Tax liability before adding up the cess on IT.
Franklin Templeton India recently announced the closure of six of its debt mutual funds. The decision caught everyone off guard. The investors were in a state of panic. But do we really need to worry about our Mutual Funds after the fiasco?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English