Income tax is the essential act that has to take place every year, however, not everyone likes filing it. As the income tax takes away a large chunk of the income, people keep looking for ways to do Tax saving. However, not everyone pays the same amount of tax.
Hello Friends, There is a gross confusion among the dealers and professionals as to what will be the gst rate of saree . Whether it will be decided on the Sale Price of the saree as in case of other garments and articles or flat rate of 5%.
The Government introduced GST with effect from 1 July 2017. The introduction of GST was a historic change in the Indirect Tax regime in India which replaced multiple indirect tax levies with single levy that is GST.
While hearing the case between Cellular Operators Association of India vs Union of India, the Delhi High Court rejected the claim to allow credit of the unutilized education and higher education cess.
Notification No.13/2018-Customs (N.T.) CBEC hereby determines rate of exchange of conversion of each of foreign currencies wef 16.02.2018
Reserve Bank continues to receive complaints about non-acceptance of coins by bank branches. Such denial of service has reportedly, in turn, led to refusal on the part of shopkeepers and small traders, etc., to accept coins as payment for goods sold and services rendered causing inconvenience to the public at large.
SEBI in consultation with stakeholders has decided to make following changes in extant regulatory provisions to ease the access norms for investment by Foreign Portfolio Investors (FPIs)
Notification No. 12/2018-CUSTOMS (N.T.) In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance
Certain amendments/corrections have been made to Table 2 of Appendix 3B of FTP 2015-20 to align them with the ITC(HS) codes 2017 for exports made w.e.f. 01.01.2017.
While the process of Applications Supported By Block Amount (ASBA) has resulted in almost complete elimination of complaints pertaining to refunds, there have been instances where the applicants in an Initial Public Offering have failed to get allotment of specified securities and in the process may have suffered an opportunity loss due to the following factors:
