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Archive: 02 July 2017

Posts in 02 July 2017

GST: Impact on Second Hand Goods Industry (an undiscussed theory)

July 2, 2017 6282 Views 6 comments Print

The industry of second hand goods in India is substantially growing since last many decades. There is a huge market of traders dealing in only second-hand commodities which include four wheelers, two wheelers and electronic items like mobiles, laptops, gaming consoles, wrist-watches, women hand bags, jewellery etc. Most of these businesses involve luxury items.

Why Company provided Group health insurance is not sufficient?

July 2, 2017 1695 Views 0 comment Print

When we come to this life – parent provide a cover from unseen dangers. A tree –provides a cover from wind and water. Whereas water protects us, further from fire. Therefore, by the law of nature somewhere, someone is always protecting other.

Accounts and Records to be Kept by A GST Registered Person

July 2, 2017 10377 Views 0 comment Print

Manufacturer of goods shall maintain monthly production accounts showing quantitative details of raw materials or services used in the manufacture and quantitative details of the goods so manufactured including the waste and by products thereof.

Cabinet approves recommendations of the 7th CPC on allowances

July 2, 2017 1092 Views 0 comment Print

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi approved the recommendations of the 7th CPC on allowances with some modifications. The revised rates of the allowances shall come into effect from 1st July, 2017 and shall affect more than 48 lakh central government employees.

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