The GST council has at last resolved the so called deadlock of Dual Control problem over the GST Dealers and now as per the promise of lawmakers one dealer will be controlled by one authority and will not be put under dual control but the solution is very unique and not practical.
Comments/ suggestions on ‘Consolidated Foreign Direct Investment Policy Circular of 2016’ are invited from stakeholders by 27/01/2017 for consideration.
One of the community most affected by demonetization after common men and bankers would be bank auditors. Most of the auditors are dwelling in confusion after so many notifications of government of India and RBI.
This Article deals with Detailed Procedure for Reduction of Share Capital under Companies Act, 2013 and Rules made there under.
In todays world of extensive database, decisions are highly quantitative and appropriately assessed. To reach to the stage of qualitative and assessed decisions in business, one needs to acquire professional skills in valuation. In order to be successful finance professional, skills in valuation and financial modelling have become indispensable tool.
Input service distributor means an office of the supplier of goods and/or services which receives tax invoices issued under section 28 towards receipt of input services and issues a prescribed document for the purposes of distributing the credit of CGST (SGST in State Acts) and / or IGST paid on the said services to a supplier of taxable goods and / or services having same PAN as that of the office referred to above;
Offering one last window to black money holders, the government has come out with a scheme giving black money holders time until March-end to come clean by paying 50 per cent tax on bank deposits of junk currencies made post demonetization.
Income tax Appellate Tribunal is in the process of re-designing and re-development of its Information systems and in a few week, we will migrate out systems to NIC Cloud servers with much more and better resources and capacity.
Since common man is directly affected by the income tax provisions every budget raises expectation levels of common man on this front. What the common man is expecting from finance minister this time?
Real Estate Act is one of the most consumer friendly laws passed by the Parliament and States have no power to dilute its provisions. This law, which was widely welcomed and appreciated benefits both the buyers and sellers of real estate properties besides enhancing the credibility of the sector.
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