The concept of a franchise Business in India has now caught on in full swing with most large brands being represented by franchisees across the country. With the big daddy’s of the business like McDonalds, Pizza Hut and KFC proving the scope and potential of the franchise phenomenon, desi brands are now following suit and growing from strength to strength in both quality and brand image.
Nowadays the very question arises is of the social networking sites and the news and the knowledge shared by them is the fastest among all. But from the professional point of view what we have to think is all about the incomes and expenses of this particular type of industry in which our country has achieved the fastest growth ever in the history.
The Article 265 of The Constitution of India is as follows- Article 265. Taxes not to be imposed save by authority of law – No tax shell be levied or collected except by authority of law. Article 265 requires that- -there must be a law, -the law must authorize the tax, and -the tax must be levied and collected according to law.
No. LAD-NRO/GN/2014-15/07/1414(1) Dated-1st September, 2014 On and from the commencement of these regulations, no person shall act as a research analyst or research entity or hold itself out as a research analyst unless he has obtained a certificate of registration from the Board under these regulations:
CIRCULAR NO. 21 of 2015-16 Value Added Tax System of taxation of sale of goods envisages to deposit tax on value addition of the goods after availing set-off of the tax paid on earlier stage. It is a multipoint tax and tax invoice issued by the seller serves as the basic document for availing input tax credit.
CIRCULAR NO. 22 of 2015-16 it is decided that the Systems Branch shall remove checks only against those functional dealers who have filed the objections online and also filed a hard copy of the same before the OHA in the matters related to the objections pertaining to the tax period prior to 01/10/2011
All scheduled and non-scheduled banks – public, private, foreign, cooperative, regional rural and local area banks – will observe public holiday on second and fourth Saturdays from September 01, 2015; and will observe full working days on Saturdays other than second and fourth Saturdays (referred to as working Saturdays in the Press Release).
RTGS will not be operated on second and fourth Saturdays but would operate for full day on working Saturdays. Processing of future value dated transactions with value date falling on second and fourth Saturdays will not be undertaken under RTGS.
Taxpayers are requested to go to “Profile Settings –> Link Aadhaar” after logging to their account to link their Aadhaar with PAN. This is an optional feature that will enable taxpayers to e-Verify their Income Tax return if their Aadhaar-PAN linking is successful and if they have an valid mobile number registered with Aadhaar. Electronic […]
Kind attention is invited to Rule 3(1)(a) of the Cigarettes and Other Tobacco Products (Packaging and Labelling) Rules, 2008 which stipulates that every package of cigarettes and other tobacco products produced/ manufactured/ imported after 315′ May, 2009 shall carry Specified Health Warning in the manner as prescribed in the said Rules.
