Ensure compliance & correctness of documents & transactions with an Audit Under CGST Act 2017. Get insights & advice from GST experts!
Learn the applicable GST rules to know if GST applies to brokerage & sales commission to agent in Outside India or not. Explore Section 2 sub-section (5) and Section 2 sub-section (11) of the CGST & IGST Acts, 2017.
Finance Minister has introduced the Finance Bill, 2023 in Lok Sabha today, that is 1st February, 2023. Amendments have been proposed through clauses 123 and 124 of the Bill to the Customs Act, 1962, through clauses 125, 126 and 127 of the Bill to the Customs Tariff Act, 1975 and through clause 153 of the Bill to section 136 of the Finance Act, 2001.
The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows: PART A Per capita income has more than doubled to ₹1.97 lakh in around nine years. Indian economy has increased in size from being 10th to 5th largest […]
Nirmala Sitharaman, Minister of Finance has presented Union Budget 2023-24 today and focused on Socio economic welfare measures, Ease of compliance, Widening and deepening of tax base/Anti-Avoidance, Improving compliance and Tax administration and Rationalisation of Provisions. AS INTRODUCED IN LOK SABHA ON 1ST FEBRUARY, 2023 Bill No. 17 of 2023 THE FINANCE BILL, 2023 A BILL […]
Budget 2023-2024 Speech of Nirmala Sitharaman, Minister of Finance – February 1, 2023 Hon’ble Speaker, I present the Budget for 2023-24. This is the first Budget in Amrit Kaal. Introduction 1. This Budget hopes to build on the foundation laid in the previous Budget, and the blueprint drawn for India@100. We envision a prosperous and […]
Understand the amendment of Central Goods and Services Tax Rules, 2017 with CBIC Notification No. 26/2022. Have a look at mobile number and e-mail address requirements in FORM GST REG-01.
India is a developing market with intriguing foreign exchange (forex) trading. Long-term positive gains from trading Indian forex are possible if you have patience. There are lots of investors hoping to profit from the currency market’s possibilities.
Wishlist for Union Budget 2023 Corporate Taxation – Focus on boosting growth, employment and new investment. Concessional tax regime for service sector high on agenda.
HC set aside detention order passed against assessee on the grounds of expiry of E-way bill. Held that, mere expiry of E-way bill does not create any scope for evasion, hence, in absence of evasion, there cannot be any loss to Revenue Department.