“To maximise ECONOMIC GAIN & minimize COMPLIANCE PAIN” LESS TO MORE Increased economic activity and investment Fillip to ‘Make in India’ initiative and exports Generation of more employment Efficient neutralization of taxes to make our exports competitive MORE TO LESS Single tax to replace multiple levies Single tax leviable on goods and services Automated […]
S.O.4110(E).— In exercise of the powers conferred by section 285BA read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:— 1. (1) These rules may be called the Income-tax ( 35th Amendment) Rules, 2016. (2) They shall […]
Seeks to further amend notification No 12/2012-Customs dated 17.03.2012, so as to withdraw the exemption from Basic Customs Duty on import of Technitium-99m Notification No 12/2012-Customs Amended
DATA MIGRATION FOR GST Existing taxpayers include taxpayers already registered under :- Central Excise Service Tax State Sales Tax or VAT (except exclusive liquor dealers if registered under VAT) Entry Tax Luxury Tax Entertainment Tax (except levied by the local bodies) One PAN allows one GST Registration in a State Enrolment under the GST is […]
Tax Rates are vital for all types for persons. It determines the amount of tax a person has to pay to the government. Undermining or overburdening with tax is hazardous. Tax Rates 1. In case of an Individual (resident or non-resident) or HUF or Association of Person or Body of Individual or any other artificial […]
TDS is one of the hot topics as of now. It is very vast and a good knowledge of TDS is required. We are hereby giving the TDS rate chart for A.Y. 2017-18 Rates for tax deduction at source [For Assessment year 2017-18] Read More…. http://www.incometaxindia.gov.in/Pages/charts-and-tables.aspx
The Micro, Small and Medium Enterprises (MSME) sector has been recognised as engine of growth all over the world. Many countries of the world have established a SME Development Agency as the nodal agency to coordinate and oversee all Government interventions in respect of the development of this sector. In the case of India, also […]
Place of supply of goods & services(Annexure-D) The draft model GST law released by the Government on June 14, 2016 in public domain lays down the principles to determine the place of supply and accordingly treat the taxable supply of goods and/or services either as Intra-State or Inter-State. The rules in this regard are framed […]
