The entire team of the committee for members in practice has taken various steps for the benefits of members which includes an arrangement for Free GST Software for Members in Practice.
In 39th GST Council meeting held on 14th March 2020 it was proposed that as a measure for Trade Facilitation Interest for delay in payment of GST to be charged on the net cash tax liability w.e.f. 01.07.2017 (Law to be amended retrospectively).
In the Corporate world, CP is used as a short term debt instrument. CP is generally issued by highly rated corporates borrowers to diversify their source of short term borrowings.
More transparency has been brought into the GST System by introducing the "Know Your Supplier" facility. This facility will help in reducing the non-compliance by the suppliers as if any supplier has defaulted in filing his returns, it will be shown on the portal.
Section 194-IB deals with the provisions relating to Tax deducted at source (TDS) on Rent paid by individual / HUF. Let us discuss some clarifications and FAQs on this section.
Discussing Section 194LBB of the Income Tax Act, which discusses TDS on Income in Respect of Units of Investment Fund including its meaning, eligibility, and rate of TDS etc.
With the pass percentage being too low, very few students manage to clear the CA exams. In this article, we discuss 3 reasons why candidates fail in CA exams and ways to correct that.
If an important business arises in between two annual general meetings that require shareholders' approval, then an extraordinary general meeting can be called....
In 58 years, petrol has approached INR 100 per litre with the implied growth in price of 8.86% p.a to date. Let us understand what this means for a common citizen of the country.
These FAQs offer only a simplistic explanation/clarification of terms/concepts related to the SEBI (Buy-back of Securities) Regulations, 2018 ['Buyback Regulations'].
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English