Foreign trade policy are a set of guidelines and instructions which are established by Directorate General of Foreign Trade (DGFT) related to import and export of goods in India. This is announced after every 5 years. It creates various expectations for exporters, traders and manufacturers.
If any person, had already given a declaration as required by the Bureau under sub-section (4) of section 18 of the Bureau of Indian Standards, Act, 2016 (11 of 2o16) declaring his old stock of Gold jewellery or Gold artefacts with old hallmarking as existed prior to 1st July 2021, such person shall be permitted to sell or display or offer to sell such declared stock of old Gold jewellery or Gold artefacts upto the 30th June 2023
Ensure seamless Year-End GST compliances for FY 2022-23. Stay updated on new billing series, e-invoicing, letter of undertaking, composition scheme, QRMP scheme, and essential reconciliations for a hassle-free transition.
MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 31st March, 2023 / Chaitra 10, 1945 (Saka) The following Act of Parliament received the assent of the President on the 31st March, 2023 and is hereby published for general information:— THE FINANCE ACT, 2023 No. 8 OF 2023 [31st March, 2023.] An Act to […]
Explore the comprehensive analysis of UAE Corporate Tax Law, article by article. Understand definitions, imposition rates, exemptions, taxable persons, and more for effective compliance.
Discover the art of mindfulness for a healthier work-life balance. Explore the significance of work-life harmony, the basics of mindfulness practice, and practical tips to enhance your well-being.
It was held that where an assessee claims deduction of interest paid on capital borrowed, assessee had to show that capital which was borrowed was used for business purpose in relevant year and it did not matter either capital was borrowed in order to acquire a revenue asset or a capital asset.
Navigate the crucial compliance obligations under GST Laws for the Financial Year end 2022-23 and the commencement of Financial Year 2023-24. Ensure absolute compliance with our checklist.
IBBI published the syllabus of phase 8 of the LIE. The revised syllabus is applicable for the examination to be conducted with effect from 1st July 2023.
Sale of prepaid sim cards / recharge vouchers by the assessee to distributors cannot be treated as commission / discount to attract the provisions of section 194H of the Act and hence there cannot be any obligation on the part of the assessee to deduct tax at source thereon and consequentially there cannot be any disallowance u/s 40(a)(ia) of the Act.
