Prime Minister Narendra Modi of India has taken a strong interest in preparing the forthcoming government budget in order to stimulate growth in Asia's third-largest economy.
India raises nearly 14.5 Lakh Crore, 34 percent of which is an indirect tax.� Indirect taxes include service tax, customs duty, VAT, etc. Taxes paid. This applies to the Indian government's partial collection of taxes.
In recent years, the issue of Service Tax/GST liability on the Notice period recovery is a subject matter of dispute.
GSTR 9C - The article deals with the pre-requisites for filing FORM GSTR 9C
The CBIC frozen tax credits of approximately Rs 40,000 crore, as reports did not match, exposing the alleged fraud of nearly 2,000 entities, except in cases where returns were not filed. CBIC president John Joseph said at an event on Monday last week, the indirect tax arm of the income department blocked the credits within four hours.
A glorious career is now within reach. All you have to do is to crack an interview and land a job with a good organization and you are bound to succeed. Afterall, you cleared the tough and highly competitive exams to become a Chartered Accountant, everything else should be much easier.
The Union Budget 2020 is around the corner. People have their eyes on the Union Budget. Taxpayers are expecting major tax reliefs from the Union Budget 202. This article summaries what all changes in the direct tax regime can we see in the Union Budget 2020.
A Pre-Built Home or a Plot of Land - Which One Should You Choose?
Reason for introduction of Section 194M This section was introduced for the purpose to cover some specified high value transactions in personal nature under TDS which was previously excluded from TDS provisions.
In�law, an�appeal�is the process in which cases are reviewed, where parties request a formal change to an official decision. Appeals function both as a process for error correction as well as a process of clarifying and interpreting law.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English