The 45th GST Council Meeting was held on 17th September, 2021 under the chairmanship of Honorable Finance Minister Smt. Nirmala Sitharaman
Recommendations in 45th GST Council Meeting
Outcome of 45th GST Council Meeting held on 17th September 2021
An Indian Citizen who leaves India during the PY for the purpose of employment or as a member of the crew of an Indian Ship
Method for Determining Expenditure Incurred Towards Earning Income Not Forming part of Total Income - Section 14A and Rule 8D
There was a great need and importance for introducing the provisions of section 68 under the income tax act, 1961 to safeguard and protect the interest of revenue, as assessee was engaged in harmful tax practices to evade tax in the form of Black Money, Accommodation Entries, Cash Credit Entries etc.
The 45th GST Council meeting was held on September 17, 2021 Friday at Lucknow, Uttar Pradesh chaired by Union Finance Minister Nirmala Sitharaman. The Council meeting was held physically for the first time after one and half year of COVID - 19.
In a layman's language an initial public offer or an IPO is the first time when a company issues shares to Public. Before an IPO a company generally has few shareholders but when it decides to get listed on a stock exchange and to go public it takes the route of IPO.
The Provisions w.r.t GST payable by ECO on Notified services are contained under Section 9(5) of CGST/SGST/UTGST Act. Similar Provisions are also contained under section 5(5) of IGST Act.
The Account Aggregator (AA) network is a financial data-sharing system that could revolutionize investing and credit, giving millions of consumers' greater access and control over their financial records and expanding the potential pool of customers for lenders and fintech companies.
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