It has been proposed in the Budget 2011-12 to increase the ceiling of 4% on declared goods under section 15 of CST Act to 5%. Currently State Governments cannot levy VAT more than 4% on declared goods. Declared goods are those goods which are of
TCS u/s 206C (1H) will be applicable w.e.f 1st October 2020. Let us understand the applicability, exemptions, and payment schedule etc. of the section.
Karniti Part 64Is it a tool to convert Black Money into White - Kisan Vikas Patra ?Arjuna (Fictional Character): Krishna, recently the Government has reintroduced the investment scheme of Kisan Vikas Patra. There are many questions rega
As 31st March is coming closer, everyone is busy in tax planning. There are many illegal way to avoid tax but why to opt for that when you have many other legal way to reduce your tax liabilities.Here are the Six most easy way to counter attack with
1. What is ICDS? The Ministry of Finance has issued ten Income Computation and Disclosure Standards (ICDS), which is a new framework for computation of taxable income 2. Who does it apply to ?It applies to all assesses in relation to their income und
Taxpayers file several types of GST returns annually, but this blog will focus on GSTR-1 and GSTR-3B. This article will explore the differences between the two....
GST Council fixes four-tier rate structure at 5%, 12%, 18% and 28%
Create your own client base. Start off with friends, relatives, and extended family, and once good compatibility is established with them they can help to further your career by referring you to others as well.
Salary not part of taxable value under security services: HC The system of employing contract labour is prevalent in most industries in different occupations including skilled and semi skilled jobs. A workman is deemed to be employed as Contract Lab
I will tell you how I have prepared for my CA PE-II (Now it is PCC) exams, you can follow if it suits you…Total subjects – 6Problematic - 3 (Accounts, Costing, Taxation)Theory - 3 (Remaining) Rank both the problematic an
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English