The Reserve Bank of India (RBI) has issued a circular stating that banks and finance companies can enter into compromise settlements or technical write-offs with wilful defaulters and companies involved in fraud.
CBIC has issued Notification no. 56/2019 - Central Tax dated: 14th November 2019 on simplification on GSTR-9 & 9C for FY 2017-18 and 2018-19.
LLP stands for Limited Liability Partnership and is a business entity that gives you the benefit of limited liability.
In this article, we will be talking about the relevance of an e-way bill, how to generate it, its validity in India, and the documentation required to generate it.
RBI employs various tools to maintain price stability and ensure the efficient functioning of the economy. Among these tools, repo rates and reverse repo rates are fundamental in nature. By adjusting these rates, the RBI strives to strike a balance by controlling inflationary pressures and promoting economic activity.
"FDMs shall be given a full refund of taxes for the underlying value of their Input Tax Credit in Procedure and Manner as may be prescribed” clarifies GST Council vide circular number 68/2018.
The Hon'ble AAR, Punjab in the matter of M/s. Sutlej Coach Products Pvt Ltd. held that 'Seats for Railway Coaches' supplied to Rail Coach Factory falls under Heading 9401, liable to GST at 18%, and cannot be classified at 5% under HSN 8607 as parts of Railway.
An investment which has been made by an investor but he or she either forgets to claim the same or in case of any contingency one's family is not aware about such investment is called Unclaimed Investment
The man said 'girls should not study' and yet he won everyone's hearts
15 FAQs on RBIs moratorium of EMI
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English