GSP means GSTN (Goods and Service Tax Network) Suvidha Provider which is considered to play a pivotal role in the roll out GST. It is also considered as the activator to the businesses for a paperless tax compliance regime and brings more ease in doing business.
There will be a change in Valuation Mechanism relating to valuation of unquoted equity shares for the purposes of section 56 and section 50CA of the Income-tax Act, 1961 as per Draft rules issued by CBDT.
Insolvency and Bankruptcy Code -2016 amend the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons,
During the transition of Local Government General sales tax to State VAT and the subsequent initiatives of E Governance, similar to GST, many state Governments made various attempts. But they did not bring the desired result.
Vinod Behl The three- year term of Modi government is marked by its commitment of ensuring development for all through its progressive approach of ‘Reform, Perform & Transform’, putting an end to years of policy paralysis, through good governance. Fully realizing that urban development by way of boosting real estate, housing and infrastructure, is key […]
Though both the Reserve Bank of India (RBI) and the Government have been working to tackle the problem of mounting bad loans, the ordinance on non-performing assets (NPAs) approved by President Pranab Mukherjee will define the way forward in this regard, a top RBI official said at an ASSOCHAM event held in Mumbai today.
