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Major differences Between Excise Duty and GST

May 9, 2017 42669 Views 7 comments Print

Krishna, by subsuming indirect taxes such as Excise, VAT, Service Tax, etc. the GST is coming. What will happen if there will be an IPL match played between Excise and GST?

How to trade in Inter-dependency of GST?

May 1, 2017 4320 Views 2 comments Print

Krishna, the biggest change in the indirect tax law i.e. GST may be implemented from 1 July 2017. This law will be applicable to all, right from Large businesses to small traders. How will trading be done under GST?

GST Special: Major differences Between Service Tax and GST

April 23, 2017 30849 Views 0 comment Print

The Government is trying its best to bring into effect the GST Law on 1st July 2017. Seeing at the close encounters during the current IPL, tell me what will happen if a match is to be played between GST and Service tax?

GST Special – Major differences in laws of VAT and GST

April 17, 2017 6324 Views 1 comment Print

Krishna, Honorable President of India has given ascent to the GST and so it seems that GST will come into force from 1st July 2017 and the landmark is set for further steps. Presently VAT is applicable to all the business dealers and now GST will be levied, so please explain the difference between VAT and GST?

Navmi i.e Nine major changes in the New income-tax returns

April 3, 2017 55581 Views 20 comments Print

Income Tax department has introduced the new forms for filing the income tax Returns in the financial year 2016-17. The question is, what changes have they made in these forms?

Let’s build the Gudi of Income tax in new Financial year

March 27, 2017 2850 Views 2 comments Print

Tomorrow is the festival of Gudi Padwa i.e start of New Year. And it’s the last week of financial year 2017. New financial year will be starting from 1st April. According to budget, what are the changes made in income tax which will be applicable from new financial year and which will increase the prosperity of tax payers?

Holi of GST in four colours. Enjoy It!

March 12, 2017 20874 Views 2 comments Print

Krishna, In India, the colourful festival of holi is celebrated with lots of joy and excitement. Children are waiting for this festival eagerly. So is the finance world waiting for GST. Let’s discuss about these beautiful and knowledgeable topic GST and Holi .

“Arey O… Samba Benami Property Par Kitna Inam Rakhe hai Sarkar?”

March 5, 2017 3420 Views 2 comments Print

Modi government has brought in hard provisions for the persons having benami property and for tax evaders. There was a reward in the movie, Sholey for catching Gabbar Singh, so now, will the government be able to catch the benamidar and confiscate the benami property? And how will it be possible?

Clash of Cash Part 2- Now its turn of tax officers

February 28, 2017 2724 Views 0 comment Print

Krishna, After demonetization of currency, government has sent notices to tax payers. It is said that there are certain rights given to Income Tax officers to verify the answers of notices and to conduct further inspection. what are they?

Clash of Cash: 7 Questions by Tax Officer v/s Cash Depositor

February 5, 2017 12606 Views 1 comment Print

Krishna, after 1st February 2017 the Income tax Department is sending tax notices to the taxpayers through e-mails and SMS. How taxpayers will reply to these notices and why are these notices sent to persons who have deposited cash in bank accounts, please explain in detail.

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