As we all know share capital is the main source of finance of a company. Such capital is raised by issuing shares. Those who hold the shares of the company are called the shareholders and are owners of the company. The company may need an additional amount of money for a long period.
The Complications In GST System Still Troubling Traders, The Role of GST Software Will Be Crucial The government has implemented the GST system to simplify and improve the existing indirect tax system i.e. sales tax, service tax, etc. Since the implementation of the GST system was startedacross the country on July 1, 2017, many amendments […]
Relaxations in GST Compliance during second wave of Covid 19 (Notifications No. 08 to 14/2021 all dated 1st May 2021;Notification No. 01/2021 – Integrated Tax dated 1st May 2021) Rate of interest for late payment ♦ Notification No. 08/2021- Central Tax dated 1st May, 2021 Rate of interest for late payment of taxes with returns […]
Notification No. 88/2020 dated 15.10.2020 (Central Tax) In the said notification w.e.f 01.04.2021 Those Tax Payer whose Aggregate Turnover above Rs.5 Crore during the Financial year (2020-2021), 6 Digit HSN/SAC for Goods & Services to be mentioned in all Type of Tax Invoices. AND Those Tax Payer whose Aggregate Turnover upto Rs.5 Crore during the […]
Most of the students thought that the topic STANDARD COSTING is very time consuming and have covered only 5-10 marks in Exams, so chal yr leave it, itne me to koi aur topic cover kr lege. Actually the problem is not that we can’t understand the concepts of this chapter, but the issue is to […]
The current situation from which we all are struggling and fighting day in and day out is to eliminate COVID-19 as soon as possible by undertaking vaccines as per the criteria’s set by Central Government regarding Age limits, and following COVID appropriate behavior in the form of wearing masks, sanitizing hands, and maintain sufficient social […]
The Central Finance Act 2021 has been passed by both the houses of parliament and the President has given assent on 28.03.2021. It has made several amendments to the Central Goods & Services Tax Act, 2017 (CGST Act) followed by corresponding changes in the respective State Goods & Services Tax Acts, 2017 (SGST Acts) and […]
After 14 years of long effort by Dr. Kelkar Shah, Finally since 2017, The Government made 101st amendment in the constitution of india and implement GST Act, 2017 and lot many changes have taken place since then. Due to a large number of amendments in the Act, there is a confusion as regards to threshold […]
Today, with the rise of cryptocurrencies and their underlying technology, we stand at the helm of a digital revolution. Cryptocurrencies like Dogecoin, Bitcoin, Ethereum, and Mon-roe are the digital currency used to buy online goods and services, just like tokens or casino chips. Cryptocurrencies operate using a technology called blockchain. There are more than 6,700 different […]
Taxation of derivatives and shares in India – Trading in future & options, intraday and stock held for short term and long term by an individual As per the Indian income tax regulations, purchase of shares made with the objective of earning profit is considered as a business activity, whereas purchase of shares made with […]
