The Union Budget seeks to complement macro-economic level growth with a focus on micro-economic level all inclusive welfare. The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman tabled the Union Budget 2022-23 in Parliament today.
Through this write-up, we intend to cover the intricacies of claim of ITC from practical and accounting perspective working a ready reference for your business...
Honorable Finance Minister Mrs. Nirmala Sitharaman will be declaring the Finance Budget of 2022-23 on 01st February in the Lok Sabha. Everyone is excited for the Budget. But due to corona, "Halwa" Tradition has been discontinued and "Mithai" has been distributed.
Nirmala Sitharaman is all set to announce Union Budget 2022 on 1st February. Before the budget let me bring to you some interesting facts about budget
International trade is the exchange of goods and services as well as resources between countries. A product that is sold in foreign market is called an export and a product that is bought from a foreign market is called an import.
Through this note, an attempt has been made so that the readers could understand the overall structure of the Budget documents and areas one should immediately focus as finance/accounts/tax/costing person or as an economist.
In this article, the author has shared some similarities between CA course and Cricket.
This article is the final part of the series on the Tax Audit and Form 3CD and I’ll be discussing clause 32 to 44 through this article.
The rate of tax under forward charge is at 12% with ITC available or 5% without the benefit of ITC. Under the reverse charge, the rate is 5%.
IRDAI vide Ref. No: IRDAI/NL/GDL/SIC/01/01/2022 dated 03.01.2022, in exercise of the powers conferred under section 14 (2) (i) of IRDA Act, 1999, has issued the IRDAI (Surety Insurance Contracts) Guidelines, 2022 ("Guidelines") to regulate the business of surety insurance ("Business") in view of the unique risks and features of surety insurance.
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards