CAclubindia News

Businesses with less than 5 crore annual turnover to file quarterly GST returns

05 July 2019 at 14:06

GST processes further simplified; businesses with less than Rs. 5 crore annual turnover to file quarterly GST returns; threshold for goods supplier to be enhanced from Rs. 20 lakhs to Rs. 40 lakhsSabka Vishwas Legacy Dispute Resolution Scheme to reso

Posted in Union Budget & Policy | 3072 Views

Complete official summary of Union Budget 2019-20

05 July 2019 at 14:05

SEVERAL TAX PROPOSALS AIM TO PROMOTE INVESTMENTS IN START-UPS AND SUNRISE INDUSTRIES IN THE COUNTRYLOWER 25% CORPORATE TAX RATE IS TO BE APPLICABLE TO THOSE WITH ANNUAL TURNOVER UPTO RS.400 CRORE INSTEAD OF THE CURRENT LIMIT OF RS.250 CROREINCREASE I

Posted in Union Budget & Policy | 2271 Views

All the Key features of Union Budget 2019 by FM Nirmala Sitharaman

05 July 2019 at 13:54

The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before the Pa

Posted in Union Budget & Policy | 4632 Views

Key Highlights of Direct and Indirect Tax Proposals in Budget 2019

05 July 2019 at 13:52

Key Highlights of Direct and Indirect Tax Proposals Indirect Tax Electronic invoice system will be introduced to prefill the taxpayers return. Roll out from January 2020 There will be no need for separate for e-way bill. A simplified single month

Posted in Union Budget & Policy | 19359 Views

Read & Download updated Finance Bill 2019-20

05 July 2019 at 13:48

THE FINANCE (NO.2) BILL, 2019 _________ARRANGEMENT OF CLAUSES__________CHAPTER IPRELIMINARYCLAUSES 1. Short title and commencement.CHAPTER IIRATES OF INCOME-TAX2. Income-tax.CHAPTER IIIDIRECT TAXESIncome-tax3. Amendment of section 2.4. Amendment of s

Posted in Union Budget & Policy | 18894 Views

Complete Union Budget Speech 2019 by FM Nirmala Sitharaman

05 July 2019 at 13:41

Budget 2019-2020Speech ofNirmala SitharamanMinister of FinanceJuly 5, 2019Mr. Speaker Sir,I rise to present the Budget for the year 2019-20.PART A2. The recent election which brought us to this august House today, was charged with brimming hope and d

Posted in Union Budget & Policy | 2502 Views

Extension of Last Date for availing the benefit of Alternate Composition Scheme from 30th Apr'19 to 31st July'19

05 July 2019 at 13:21

Vide notification No. 02/2019-Central Tax (Rate) dated 07.03.2019, as amended by notification No. 09/2019-Central Tax (Rate) dated 29.03.2019, an Alternate Composition Scheme has been made available to those suppliers of Services or Mixed Suppliers,

Posted in GST | 6 comments | 9930 Views

Key Highlights of Economic Survey 2018-19

04 July 2019 at 13:15

The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2018-19 in the Parliament today. The Key Highlights of Economic Survey 2018-19 are as follows:Shifting gears: Private Investment as the Key Drive

Posted in Union Budget & Policy | 16164 Views

Changes in the scope of CA Old course syllabus

04 July 2019 at 12:39

ICAI Announcement Modifications in the scope of syllabi of select subjects IPC course ICAI Announcement Modifications in the scope of syllabi of select subjects CA Final (old) coursePFA the attached file to know in details

Posted in Students | 5 comments | 15024 Views

12 clarification issued by CBIC on GST Annual return and Reconciliation statement

04 July 2019 at 12:32

The Government of India has been receiving a number of representations regarding Annual Return (FORM GSTR-9 / FORM GSTR-9A) and Reconciliation Statement (FORM GSTR-9C). In this regard the following clarifications are issued for information of all sta

Posted in GST | 9 comments | 27744 Views