Preparation of State Govt. before BudgetGive bill wise Purchases and SalesArjuna (Fictional Character): Krishna, Maharashtra Sales Tax Department has proposed changes in the process and procedures of filing of returns, registration, assessment, appea
SERVICE TAX:1. No Change in rate of Service Tax.2. Krishi Kalyan Cess, at the rate of 0.5% of value of taxable service imposed, with effect from 01.06.2016.3. Definition of Negative list pruned by removing from the list (a) Education Services (b) Tra
DIRECT TAXES PROPOSALS UNION BUDGET 2016-2017: MAJOR DIRECT TAX PROPOSALSAdditional Resource Mobilisation Rationalization of taxation of income by way of dividend: It is proposed to amend the Income-tax Act so as to provide that any income by way of
Excise duty of 2% (without CENVAT credit) or 12.5% (with CENVAT credit) is being levied on readymade garments and made up articles of textiles falling under Chapters 61, 62 and 63 (heading Nos. 6301 to 6308) of the Central Excise Tariff except those
INTRODUCTION Growth of Economy accelerated to 7.6% in 2015-16. India hailed as a bright spot amidst a slowing global economy by IMF. Robust growth achieved despite very unfavourable global conditions and two consecutiv
GENERAL:Finance Minister says: Govt. has to prioritize expenditure. Focus on the rural and social sectors, infrastructure and recapitalization of banks Agenda for next year is to undertake transformative measures based on 9 pillars for India - Agri
IntroductionWhen an Indian hear the word "Mauritius" first thing come in mind is beautiful seashore, natural beauty , rivers and Honeymoon package but Mauritius is also famous for Tax haven. Placed 180th in the list of largest countries
A much awaited changes in challan correction mechanism finally arrived to its destination. Now bank can themselves correct the Income Tax and TDS challans without any restriction. No need to visit even to income tax officeChallan Correction Mechanism
Freelancers and Startups are the people who decide to take charge of their life and turn their passion into profession. So, they don�t have any authority or readily organised structure of company to be a part of. The freelancers and startups ma
Ahead of the Union Budget 2016, the Hon�ble Finance Minister Shri Arun Jaitley tabled today Economic Survey Report 2016 in the Parliament, outlin
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