Slowdown, recession, bailout; nowadays in every newspaper, on every news channel, and every techie speaks about these words. This is a simple and humble attempt to explain what has been done, result of which is going on and where future lies? What i
Government of India unveiled on 11TH Nov 2009 First Discussion Paper on Goods and Services Tax. Highlights: The Structure-Dual The proposed GST structure in India proposes dual structure. GST shall have two components- Central GST and State GST. Th
APPEALS AND REVISIONS UNDER INCOME TAX ACT, 1961The Constitution of India gurantees the citizens of the country certain fundamental rights. Therefore , under a...
The actual challenge before the Finance Minister is not of drafting a model GST but of its proper implementation and smooth transition from the prevailing system. The challenges which the Government has to face in introducing GST are as follows:
INTRODUCTION XML stands for extensible markup language. Extensible means language that can be extended by anyone who wants to create additional ways to use it. Markup means that XMLs primary task is to give definition to text and symbols. Lan
The government has introduced a favourable tax regime for new manufacturing companies. The Taxation Laws (Amendment) Ordinance, 2019 passed on 20 September 2019 has inserted Section 115BAB offering a low tax rate of 15% (plus surcharge and cess) to new manufacturing companies
Loans from Director may be secured as well as unsecured. Unsecured Loans from directors may have zero rate of interest.
NACAS OF COMPANIES ACT 1956 Vis--vis NFRA OF COMPANIES ACT 2013(National Advisory Committee on Accounting Standard vis--vis National Financial Reporting Authority) As a corporate professional one should be equipped with the knowledge
What is section 8 Company :A Section 8 Company is an organization which is registered as a Non-Profit Organization (NPO).
What is meant by Assessment? Assessment defined as �Assessment Includes Re- Assessment and checking return of income for confirming its correctness�.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English