Goods and Services Tax : Professionals who started their career in the Indirect tax space some 10- 15 years back in Asia would have never thought the kind ...
Service Tax : With effect from December 1, 2016 the taxability of Online Information and Database Access or Retrieval (‘OIDAR’) services sha...
Goods and Services Tax : Goods and Services tax (popularly known as GST) would soon be the new system of indirect taxation in India that will subsume all t...
Goods and Services Tax : Currently, majority mobile handset companies operate from warehouses in every state via stock transfer (through statutory forms) a...
Goods and Services Tax : Not so long ago in order to have a one off scrumptious meal, an ordinary citizen was required to go through the travails of an ino...
Owing to various conflicting views that have been held by various courts across the country on the availability of CENVAT credit on the ‘passive telecom infrastructure of tower and shelter material’, there lies great confusion which needs to be addressed by the government of the day and settled the matter once and for all.
Various e-commerce companies including the likes of Uber, Makemytrip, Zo Rooms etc are engaged in commercial transactions over the Internet. Customers transact in millions of rupees on these e-platforms where goods (i.e., merchandise) and services (i.e. digital products including travel, tickets, hotels etc) are conveniently bought and sold.
The Service Exports from India Scheme (‘SEIS’) was introduced last year under the new Foreign Trade Policy 2015-2020 (‘the FTP’) to encourage export of services from India. The new SEIS policy initiative is a much better policy initiative than the erstwhile Served From India Scheme (‘SFIS’) that had its own limitations in terms of usage and transferability.
In an era of zealous consumers wanting everything at the drop of a hat, we see a number of new start-ups mushrooming everyday with their unique and ingenuous ideas. We recently met the founderts of one such start-up that made us explore quite an interesting proposition. The start-up offers various items of clothing on rent to its customers including casual wear, party wear and designer wear which, for valuable consideration, are rented out to the customers for fixed number of days.
It’s unbelievable to see the excitement that runs in today’s Indian youth and professionals on the way they see matters relating to start-ups. With new unicons like SnapDeal there is a hope in almost everyone’s eyes that one should at least give it a shot and try something worthwhile. Ideas are in abundance and people […]
While wondering whether the course would meet the objectives and feeling little jittery since I was attending a course after a long time, the cab entered the IIM Ahmedabad campus. The campus has an old wing and a new wing.
Do you remember the person in your office who used to always criticize the efforts put in by management to improve the quality of processes and make life exciting for the staff by saying – ‘these guys have no idea how to run a business and they only think about themselves and not us’. Where is he/she now?
Assessment means appraisal, evaluation, estimation, measurement, judgment etc. In the context income tax law it means then evaluation, estimation, or measurement of income. The term ‘assessment’ in field of taxation law has a definite meaning. This term is comprehensive and may include varied ranges of activities and procedures. The definition of assessment has not been provided with the IT Act,
Lot of students asks me the options available to them while they are doing CA or after completing CA. And one of the most asked question is ‘should they go for a CFA degree’. The reason of writing this article is not to tell you how to do CFA and what’s involved in it, but more about ‘Why CFA’.
This article is very special as it doesn’t relate to any career guidance or mentoring I generally do. This article is inspired from a real life incident that happened with me couple of weeks back when I acted in a way I shouldn’t have and later how I made it good by a simple apology. […]
