Understand advance income tax provisions and avoid interest levies. Learn about the schedule and mode of payment for advance tax under the Income Tax Act, 1961.
Implementation of various decisions taken by the GST Council for the MSME Sector; Issue of Notifications there of The GST Council in its 32nd Meeting held on 10th January, 2019, inter-alia, had taken the following decisions to be effective from 1st April, 2019 (01.04.2019): Higher Exemption Threshold Limit for Supplier of Goods: There would be two Threshold Limits for exemption […]
The Government has amended CGST Act, 2017 vide CGST Amendment Act, 2018 with various changes w.e.f 01.02.2019 and one of the important amendment was made in Section 49 of CGST Act by introducing new section 49A to the CGST Act, 2017.
Ministry of Corporate Affairs has recently between 1st January, 2019 to 28th February, 2019 issued approximately 13 amendment notification / Circulars under Companies Act, 2013. These are Eight Notifications related to Amendments in Rules, Three other Notifications, One Circular and Companies Amendment (Ordinance) 2019. Most Important things about these notifications/ amendments is that for these amendments […]
Notification under Section 9(1) of the Ordinance for notifying the transactions that may constitute an issue. RNI No. MAHBIL/2009/31745 COMMISSIONER OF STATE TAX, MAHARASHTRA STATE, MUMBAI GST Bhavan, Mazgaon, Mumbai 400 010, dated the 7th March 2019. Notification THE MAHARASHTRA SETTLEMENT OF ARREARS of TAX, INTEREST, PENALTY OF LATE FEE ORDINANCE, 2019. No. Sett/MMB-2019/1/ADM-8.—In exercise […]
Central Board of Indirect Taxes and Customs (CBIC) had notified pdf version of GST Annual Return in Form GSTR-9 (applicable for regular taxpayers) back in September 2018. Since then, taxpayers have been awaiting for the Form to be made live at the common portal. Recommendations were even made by the industry to auto-populate the details […]
In the said article, MoM doesn’t stand for Minutes of the meeting, but Mom i.e mother.A lot gets discussed every year on women empowerment, legal and social dimensions and knowledgeable topics from the various leading female professionals who have carved their niche in their respective industries and professions.
For the purpose of determination of value of supply under GST, Tax collected at source (TCS) under the provisions of the Income Tax Act, 1961 would not be includible as it is an interim levy not having the character of tax.
CBIC), has issued Notification No. 12/2017-Central Tax Rate dated 28.6.2017, exempting ‘health care services’ rendered at clinical establishments by authorized medical professionals or paramedics, from applicability of GST, vide entry no. 74
The Indian government has always been in favor of providing benefits to Micro, small and medium enterprises (MSMEs). There are many advantages of obtaining MSME registration in India, which can be only availed if the business had registered itself as an MSME/SSI under MSME Act. The following are a few advantages or obtaining SSI/MSME registration […]
