Each year HMRC receives a number of unusual excuses from Self Assessment customers who didn’t complete their tax return on time.
For every home buyer, the most important thing is to get the home loan application accepted by the lender. But this can be challenging for a person who has a low CIBIL score. And most people learn that after their home loans are rejected.
Guidelines, approved by Central Board of Trustees, EPF on 19.12.2016, for processing cases of surrender of EPF Exemption granted to Establishments, is as under:-
Be it the tax reforms or demonetization or interest rate cuts or Shrinking stock markets real estate sector always reflects without a doubt
The exit of Cyrus Mistry from TATA group was not a crisis situation and wouldnt change the fundamentals of companies. The sudden removal of Mistry took the market by surprise and in the near-term, some volatility in Tata Group stocks was seen. It raises questions on the governance front too.
An attempt has been made in this article to analyse revised provisions of Input Tax Credit. Eligibility and Conditions for taking ITC:
Govt is promoting small traders to do their trading through bank accounts due to cash shortage. Govt given option to these traders under section 44AD to pay 6% tax on total turnover made through bank accounts.
GST Council members debated on Model Central/State legislation and finally, Council reached a broad consensus on draft of CGST and SGST
India is going through one of the major reform in tax system since independence i.e. Goods & Service Tax(GST). GST GST will replace 17 indirect tax levies and compliance costs will fall.
Now there no need to take NCLT approval for prescribed Merger(s)/Amalgmation for certain type of companies including small companies as Fast Track Merger (FTM) is notified now.
