Advocates’ Tax Bar Association requests Finance Minister of India for an extension of Income Tax Return verification period to ease burden on taxpayers.
Advocates Tax Bar Association urges Finance Minister to reduce GST interest rate from 18% to 12% per annum. The letter emphasizes the strain on businesses, proposing a balanced approach for economic growth. Read the full text for insights into the association’s concerns and the potential impact of a reduced interest rate
Proposing the inclusion of Cost and Management Accountants under Section 288(2) of the Income Tax Act to enhance tax audits and promote voluntary compliance in India.
Goods & Services Tax Act has been introduced after various debates and discussions in Parliament to replace the present Value Added Tax Act to reform the Tax structure prevailing all over India on 1st July, 2017. With the introduction of this innovative GST, the business community covered and spread all over the country are […]