A financial meltdown, a depressed business environment, a sudden fall in share market prices- all these phenomena are a part of any economy. These phases affect all those who are closely linked to the stock market. Such happenings give rise to an environment where myths are born.
Touted as Good and Simple Tax (GST) by our Hon’ble Prime Minster, we believed it so. But when we started finding HSN codes, setting up billing system, identifying place of supply, determining the dilemma of applying IGST or CGST & SGST, we came to know about the ground realities. Neverthless, we transcended the journey of supplying and procuring goods and services in GST regime in July.
India’s budget documents over the last seventy years since Independence capture the struggles and achievements, frustrations and leaps of faith of India as a nation. These mirror the nation’s aspirations and achievements. The jejune budget figures spring to life in the context of India’s post-colonial history
The Direct Tax collections up to July, 2017 continue to register steady growth. Direct Tax collection, net of refunds, stands at Rs. 1.90 lakh crore which is 19.1% higher than the net collections for the corresponding period of last year.
As we all know the Renting of Immovable Property is one of the debatable topics with regards to it Place of Supply, Registration and other aspects. However I am sharing my views on the GST applicability on Renting of Immovable Property
Whether the Income Tax Appellate Tribunal was justified in deleting the addition made by the assessing officer by dis-allowing the deduction claimed under section 80-IB of the Income Tax Act, 1961
Reserve Bank had issued draft directions on Commercial Paper for public comments on February 02, 2017. Taking into account the comments received, The Reserve Bank Commercial Paper Directions, 2017 have been finalized and enclosed herewith.
Please refer to Paragraph 6 of the statement on Developmental and Regulatory Policies, Reserve Bank of India issued as part of the third Bi-monthly Monetary Policy Statement for 2017-18 dated August 2, 2017 regarding introduction of tri- party repos.
(1) This Act may be called the Right of Children to Free and Compulsory Education (Amendment) Act, 2017. (2) It shall be deemed to have come into force on the 1st day of April, 2015.
These regulations may be called the Pension Fund Regulatory and Development Authority (Exits and Withdrawals under the National Pension System) (First Amendment) Regulations, 2017.
