Finance Minister proposed to reduce the number of Basic Custom Duty (BCD) rates on goods, other than textiles and agriculture, from 21 to 13.
Ministry of Finance DIRECT TAX PROPOSALS AIMED AT REDUCING COMPLIANCE BURDEN, PROMOTING ENTREPRENEURIAL SPIRIT & PROVIDING TAX RELIEF TO CITIZENS NEXT-GENERATION COMMON IT RETURN FORM FOR TAX PAYER CONVENIENCE TO BE ROLLED OUT LIMITS OF PRESUMPTIVE TAXATION ENHANCED TO Rs 3 CRORE FOR MICRO ENTERPRISES AND Rs 75 LAKH FOR PROFESSIONALS WITH CASH PAYMENTS LESS […]
Professional Staff member Login & Registration FAQs – Article explains Professional Staff Member Login And Registration Process and also explains Who is a Professional Staff Member, Who is a Professional, can a member of Professional Firm not having Professional Membership Number register as Business User to access the LLP Forms, process to register as ‘Professional Staff […]
Section 43B(h) any sum payable by the assessee to a micro or small enterprise beyond the time limit specified in section 15 of the Micro, Small and Medium Enterprises Development Act, 2006 shall be allowed as deduction only on actual payment.
Nutraceutical products have been included in the jurisdiction of the Shellac & Forest Products Export Promotion Council (SHEFEXIL) in Appendix 2T of FTP 20152020. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan New Delhi Public Notice No. 55/2015-2020-DGFT | Dated : 2nd February, 2023 Subject: […]
Though this issue is no longer res integra in view of catena of judicial decisions of the highest court of the Country, the Hon’ble Supreme Court once again considered this matter when the Punjab & Haryana High court relegated the assessee to alternative remedy in a challenge made to jurisdiction of the revisional authority to reopen proceedings u/s 34 of the VAT Act.
Discover the key highlights of the Union Budget 2023 regarding changes in Customs & Excise, including notification numbers and proposed rates of duty. Get all the info here!
Familiarize yourself with the Budget 2023 related updates in GST, as India witnesses GDP growth of 6-7%. Get all the details with Economic Survey 2023-24.
Understand proposed amendments to the Income Tax Act 1961 for Budget 2023 and their impact on premium and paid expenses from Micro and Small Enterprises.
The Ministry of Corporate Affairs has introduced the ‘Limited Liability Partnership (Second Amendment) Rules, 2022.’ Understand the key changes in the LLP Amendments with this blog post: new web-based forms, Latitude & Longitude in address block and Digi Locker Database for Directors’ information.
