"I am Practicing Chartered Accountant since 2012 in Ahmedabad exclusively in Income Tax, GST & Project Finance."
My objective is to brief on existing capital gain tax structure on short term and long term transactions and to give ‘To do list before March end’ which helps to minimize the tax.
The Indian Finance Minister Smt. Nirmala Sitharaman presented comprehensive budget before the Parliament on 1st February, 2020 to address multi-dimentional issues facing the economy. The Indian Government has taken a number of steps in the recent past & in this budget to achieve its objective of providing ease of doing business in India & proceed towards better tax compliant society. We have […]
Direct Tax Proposal – Quick Insight [Budget for clean environment, technology advancement, low cost housing and less cash economy] Brief presentation dealing with following subject areas proposed in Budget. i) Tax Rate ii) Electric vehicle [Section 80EEB] iii) Affordable Housing [Section 80-IBA & Section 80EEA] iv) Start-ups v) Tax deducted at source vi) Income Tax Return […]
Composition Scheme – GST Sr.No Questions Answer 1 Applicability A Registered Person whose Aggregate Turnover in preceding FY does not exceed i)75 Lakh (For other than Specified States) ii)50 Lakh (For Specified States i.e. North eastern States) 2 Optional or Compulsory It is optional scheme 3 Tax Rate Traders : 1.00% [CGST+SGST] Manufacturer : 2.00 […]
