GST has completed 4 years from its implementation as on 1’st July’2021 and it is time for celebration of 4’th Anniversary. The Government has been taken number of steps for the simplification of GST and easing of compliances in the GST regime as per the recommendations of GST Council. In the last 4 years about […]
Today is 1ST July and on this day in 2017 GST was introduced in India, that is why this day is also called as GST Day. This tax was introduced in order to eliminate the effect of tax on tax i.e. cascading effect, widen the tax base and increase the revenue of the government and give a simplified tax system to the taxpayers.
सीए-चार्टर्ड अकाउंटेंट एक ऐसा नाम जिसे सुनते ही सबसे पहले हमारे दिमाग मे खाता–बही, हिसाब एवं कर की बात आती है। अमूमन लोग सीए को किसी चिकित्सक से कम नहीं समझते है। चिकित्सक आपकी सेहत का इलाज़ करता है तो सीए आपकी फाइनेंसियल हेल्थ का इलाज़ करता है। एक जीवन रक्षक है तो दूसरा जीवन […]
If you’re an aspiring world forex trader, then you’re probably wondering how much capital you need to get started. But that shouldn’t be a grave concern since some brokers allow you to open accounts for free and some, with as low as $5. This kind gesture has enabled people to get started trading, but how efficient is it in your quest to grow an income?
1st July will always be remembered by all the stake holders including trade & industries, tax administrations and also all the consumers, since the dream of One-Nation-One-Tax was achieved in the federal structure of India. Therefore, 1st July should be dedicated to the memory of Late Arun Jaitely. The dream of implementing One-Nation-One-Tax was achieved […]
Relaxation on levy of additional fees in filing of certain Forms under the Companies Act, 2013 and LLP Act, 2008 The MCA vide General Circular No. 11/2021 dated 30.06.2021 , in continuation to its General Circular No. 11/2021 dated 30.06.2021, has granted additional time up to 31st August, 2021 to Companies & LLP to file […]
In this article, the author has attempted to highlight the significant changes brought in by the virtue of the Finance Act’2021 in context to the Income Tax assessments to be made in pursuance to an Income Tax Search and Seizure Action conducted u/s 132 of the income tax Act’1961 and its implications thereupon.
What are intellectual property rights? Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time. The most well-known types are copyrights, patents, trademarks, and trade secrets. The modern concept […]
Finance Act 2020 introduced Section 206C(1H), where a person who is a seller and receives consideration for the sale of goods of value or aggregate value which exceeds Rs 50 lakhs in the previous year shall, at the time of receipt of money, collect TCS at the rate of 0.1% of the value exceeding Rs […]
‘194Q. (1) Any person, being a buyer who is responsible for paying any sum to any resident (hereafter in this section referred to as the seller) for purchase of any goods of the value or aggregate of such value exceeding fifty lakh rupees in any previous year, shall, at the time of credit of such […]
