Goods and Services Tax : KSCAA requests improvements to the Karnataka Professional Tax website to streamline processes for taxpayers and enhance user exper...
Goods and Services Tax : Who is liable to pay Professional Tax in Maharashtra? Any individual or entity engaged in a profession, trade, calling or employme...
Income Tax : Explore the amended Professional Tax Schedule in Karnataka effective from 01/04/2023. Understand the tax liabilities, exemptions, ...
Goods and Services Tax : Stay compliant with Maharashtras Profession Tax Rules effective from 01/04/2023 onwards. Learn about the analysis of Rule 11, incl...
Goods and Services Tax : Stay informed about Maharashtra Profession Tax changes effective from 01/04/2023. Understand the threshold, rates, and amendments ...
Goods and Services Tax : KSCAA requests improvements to the Karnataka Professional Tax website to streamline processes for taxpayers and enhance user exper...
Goods and Services Tax : KSCAA urges Karnataka Govt. to extend professional tax deadline amidst technical issues, fostering trade & industry relief. Detail...
Goods and Services Tax : KSCAA has sent a representation to the The commissioner of Commercial Tax, on umpteen number of glitches and hardship in payment o...
Goods and Services Tax : Periodicity for Paying Tax and Filing Return under PT Act for the F.Y. 2021-22 Instructions:‑ 1. Periodicity of the PTRC dealers...
Goods and Services Tax : In my last budget speech, I had mentioned about the Jal and Bhoomipoojan for Chatrapati Shivaji Maharaj Memorial in Arabian Sea ne...
Goods and Services Tax : The last date for online filing of West Bengal Profession Tax returns for FY 2023-24 is extended to 15-06-2024, with paper submiss...
Goods and Services Tax : Learn about the latest notification from the Maharashtra Finance Department granting late fee waivers for Profession Tax Payers. U...
Goods and Services Tax : Extension of Last Date for Filing Return in Form III- An Opportunity to Avoid Penalties Order dated 27.04.2023 I am writing to inf...
Goods and Services Tax : Govt of Maharashtra notifies Maharashtra State Tax on Professions, Trades, Callings and Employments (Amendment) Bill, 2023 to noti...
Goods and Services Tax : Last date of filing PT return return in Form III for Year Ending 2021-22 is extended to 31.5.2022 in West Bengal vide order dated ...
Employer being an educational institution which receives grant-in-aid from the State Depart Government (a) Return specified in column (c) shall be filed on or before the 30th June 2016 on the website of the Sales Tax Department.
Tax Calendar for filing of Return And payment of taxes under (MVAT ACT) in the State of Maharashtra 1. MONTHLY Sr. No. Month Due Dat Sr. No. Month Due Date. 1 April 21st May 7 October 21st November 2 May 21st June 8 November 21st December 3 June 21stJuly 9 December 21stJanuary 4 July 21stAugust […]
Arjuna, there is a very beautiful relation between Black color and Tax Evasion. After the new government has come into force, Respected Finance Minister has given special focus on tax evasion. This means that the person engaged in tax evasion would be colored black.
1. Concept of fair market price is being introduced. It is proposed to give powers to assess a dealer on the basis of fair market price if goods are sold below market price with intention to evade tax. 2. Registration of dealer shall be cancelled if false documents are submitted for obtaining registration
Maharashtra Government has presented its Budget for 2016-17 on 18th March 2016. We are presenting proposed Changes in Computerization in Sales Tax Department, Amendments to the Value Added Tax Act, Entry Tax, Profession Tax, Sugarcane Purchase Tax, Motor Vehicle Tax, Lottery Tax, Composition Scheme,Changes to set off rules and Amnesty Scheme.
Part I: Profession Tax 1. In case of late registration for Profession Tax penalty will be restricted to 3 years instead of earlier 8 years. 2. Exemption to armed personnel of CRPF & BSF. 3. No late filing fee for Government aided educational institutions. Part II: Amnesty Scheme under VAT for disputed dues: 1. For […]
Initially separate applications were required to be made with the Registering Authorities for registration under MVAT, CST and PT Acts. The application were received by different Registering Authority and processed in silos for granting registration under different Acts.
1. Local Body Tax- Local Body tax is proposed to be abolished from 1st August, 2015 and the loss of revenue due to the abolishment shall be compensated by enhancing the rate of Value Added Tax. 2. Entry Tax- Entry Tax at 5% is proposed to be levied on import of Long Steel.
Local Body Tax to be abolished from 1st August 2015. Compensation of Revenue by enhancing VAT tax rate. Women drawing salary upto to Rs. 10000 per month exempted from Profession Tax . Tax rate on ladies Hand Bags and Purses reduced from 12.5 per cent to 5 per cent. Work Book, Graph Book, Drawing Book and Laboratory Book for student’s tax free.
SAILENT FEATURERS OF THE BUDGET SPEECH OF HON. FINANCE MINISTER SHRI SUDHIR MUNGANTIWAR ON WEDNESDAY, 18TH MARCH 2015 Part 1 Main Thrust Areas : Emphasis on dry land farming, accelerated development of infrastructure, removal of disparity, development of urban areas and generation of employment opportunities for youth. Stringent measures to enhance revenue collection and ensuring […]
