In case of GST, there is need for Central Registry for GST compliance by the banks which have branches on pan India basis.
Rule below SR-148 for admitting Travelling Allowance (TA) claim by family of deceased employees beyond one year period of the death of the employee is also covered under GOI decision 2(iii) below Rule SR-147
If a trader makes his transactions in cash on a turnover of Rs.Two Crore, then his income under the presumptive scheme will then be presumed to be Rs. 16 lakhs @ 8% of turnover.
