Have you ever suddenly recalled an incident from the past and felt an overwhelming sense of gratitude? Feeling grateful for someone or the circumstances that have shaped who you are now is a lovely emotion. Let's delve into those moments.
Pandemic economies are different from normal economies. The coronavirus pandemic like any other fatal ones as before has caused enough damage to our economy. It has affected almost 185 countries.
Is GST payable under RCM on Director's Remuneration or not? The Director's remuneration in case of employee director does not fall under the purview of supply itself, and hence, RCM provisions are not applicable to it.
The Public Provident Fund (PPF) account is a very popular, long-term investment and savings product. Individuals investing in the account can avail tax benefits as well. A PPF account can be opened at post offices as well as at banks. In order to make the process of opening an account easy, individuals can now open a PPF account online.
GST registration cancellation can shut down a business. The Gauhati High Court says authorities must provide clear reasons - not just portal-generated orders to justify such action.
Domestic companies get an option to pay their corporate taxes at a concessional tax rate u/s 115BAA and 115BAB of the Income Tax Act, 1961 by filing Form 10IC and Form 10ID pertaining to certain conditions.
Rule 14A, introduced under the CGST framework as a "Simplified GST Registration Scheme," promises faster registration for small taxpayers but hides complex compliance traps. This detailed analysis explains its operational flaws, officer discretion, withdrawal hurdles, and why it may burden rather than benefit micro-businesses.
Functionality for Revision of Form 27C is now available on e-Filing portal. Refer latest FAQs
The e-invoicing was introduced on 1st October 2020, for tax payers with an aggregate turnover exceeding Rs. 500 crore. This was also extended on businesses from 1st January 2021 whose aggregate turnover is exceeding Rs. 100 crore.
E-commerce is a great platform for entrepreneurs to start a business. Through this platform, businesses may communicate with customers directly. There are several advantages of e-commerce for both businesses and consumers
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English