Term Plan Life Insurance is a plan in which a person takes a life cover and pays a premium for the period of cover. The premium is usually paid annually, however other options as half-yearly and quarterly premium are also available. In case the person dies during the plan period, the beneficiary named in the policy will get the assured sum, and in case the person lives up to the period of maturity, he gets nothing.
Taxpayers may access the Grievance Redressal Portal for GST at https://www.selfservicegstsytem.in/. Enter the keyword related to issue/complain being faced by you in the Type of Issue/Concern. System will search and show the list of all the issues with the entered keyword from which you can select the exact issue.
Recently the Ministry of Corporate Affairs took up a bold initiative by introducing the RUN (Reserve Unique Name) service. Effective from 26th January, 2018. It is a simple and easy to use web service for reserving a name for a new company or for change of name for any existing company. Let’s check out the salient features of this newly introduced service:
As of June 2016, the total amount of gross non-performing Assets (NPAs) for public and private sector banks amounted to approximately ₹6 lakh crore. The economy remained clogged with the whopping amount of NPAs due to lack of any effective mechanism to deal with the same.
Let’s understand the tax ability of listed equity shares with a flow chart (assuming STT has been paid on purchase & sale of shares in a recognized stock exchange)
A few field offices have requested clarification as to whether LUT for exports would be accepted by Customs or GST officials. It is clarified that LUT would have to be accepted by GST officials.
