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Archive: 24 February 2020

Posts in 24 February 2020

A radical approach towards Indian Taxation System

February 24, 2020 2238 Views 0 comment Print

Being a Chartered Accountant, many people (especially people from business fraternity) usually asks me how to save tax. But I always ask them to focus on increasing their revenues and consequently their income net of taxes.

Stop Charging Interest on Gross GST Tax & Stop coercive action

February 24, 2020 24534 Views 5 comments Print

Ahilya Chamber of Commerce and Industry has made a request to Prime Minister of India to instruct CBIC through Finance Ministry to stop imposing unjust interest on GROSS TAX for belated payment of tax and returns despite its having agreed earlier, in its 31st meeting, that interest is payable on NET Tax liability only. Full […]

Changes to Margin Framework for Cash & Derivatives segments

February 24, 2020 3111 Views 0 comment Print

The Extreme Loss Margin shall be 3.5% for any stock and 2% for ETFs that track broad based market indices and do not include ETFs which track sectoral indices.

Physical Submission of Audit Report in Form 704 for FY 2018-19

February 24, 2020 5883 Views 0 comment Print

The last date for electronic uploading of form e-704, for the financial year 2018-19, is 28th February, 2020 and the last date for submission of above documents is 09th March, 2020.

CA Final Law- Self Study Tips

February 24, 2020 5331 Views 0 comment Print

I believe when we reach at final stage, we are already able to do great things. Study theory subjects on your own or atleast initiate it. Earlier, the better. Why? 1. It develops your interest in reading. Theory is something we tend to find boring. However, when you dive into it, you will understand it […]

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