Transaction of transfer/sale of one of independent running business divisions of Applicant, namely, business of providing/supplying of engineering services primarily relating to semi-conductor services as a whole, along with all the assets and liabilities of the independent business division on a going concern basis,
Govt of Maharashtra notifies Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Bill, 2023 to notify changes in Profession Tax Rates w.e.f. 01.04.2023. One of the notable change is that bill exempt the profession tax payable by the women who draw the monthly salary or wages upto rupees twenty-five thousand w.e.f. 01.04.2023. RNI No. […]
DGGI detected a case of an entity not making timely payments to its suppliers & availing input credit. Rs. 260 Crores ITC been reversed.
Nirmala Sitharaman, the Finance Minister of India, recently announced the New Income Tax Regime in the February 2023 Union Budget. Since then, parallels have been drawn between both the regimes to establish similarities and differences and find out which one has more benefits.
The cryptocurrency market is a mixture of various things you must pay attention to for the best profitability. Anyone not completely aware of the cryptocurrency market will keep making mistakes and lose all the money.
The government tries to take participation in everything that is increasing in popularity in every country of the world. Regardless of where you live in the world, you will see the government interfering in the Personal options of the people.
If you are a business operator based out in India, then you know how important it is to claim input tax credit as per GST norms. Claiming GST is a very common norm practiced by Indian business person, but it used to happen in offline businesses.
CBIC notifies Customs Exchange rate for Import & Export with effect from 17th March, 2023 vide Exchange rate Notification No. 15/2023 – Customs (N.T.) | Dated: 16th March, 2023. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 15/2023 – Customs (N.T.) Dated: 16th March, 2023 In […]
Government of India has decided that the date of closure of residual transactions for the month of March 2023 be fixed as April 10, 2023. In view of the ensuing closing of Government accounts for the financial year 2022-23, receiving branches including those not situated locally, should adopt special arrangements such as courier service etc., for passing on challans/scrolls etc., to the Nodal/Focal Point branches so that all payments and collections made on behalf of Government towards the end of March are accounted for in the same financial year. These instructions regarding special messenger arrangements may please be informed to all branches concerned.
Import of 10000 MT of marble [under ITC (HS) Codes 2515 and 6802] shall be allowed from Bhutan without Minimum Import Price each year, subject to valid Registration Certificate issued by the DGFT. The procedure for issuance of Registration Certificate shall be notified separately. Government of India Ministry of Commerce & Industry Department of Commerce […]
