5 Important Steps for FY 2019-20 Including Budget and Tax Planning
Financial planning is all about the 5Ps and they are Proper, planning, prevents, poor, performance. Here we would be discussing why the beginning of this new Financial year 2019-20.
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Financial planning is all about the 5Ps and they are Proper, planning, prevents, poor, performance. Here we would be discussing why the beginning of this new Financial year 2019-20.
The West Bengal Chief Minister, Mamata Banerjee gearing up for the upcoming election has announced the Election Agenda and with this has tried to assure the national audience for a thorough review of the GST system.
It is 18% GST which is being charged on all the outdoor and industry catering services. The caterers urged that the GST tax levy of 18% on outdoor and industry catering services should be brought down to 5%
E-Way Bill is abbreviated as Electronic Way Bill. It was April 2018, when the e-way bill system came into existence under the GST Regime.
The Congress president Rahul Gandhi is facing objection by a representative Body of traders especially the small businessmen comprising the retailers, due to his alleged statement where he denoted GST as ‘Gabbar Singh Tax’.
The GST implementation has affected almost every sector and thus the power sector too. There has been a shift seen in the promotion of the power generation mode.
Clarity regarding GST & ITC is much required by any Company and industry, Big or small, as it touches the Economy part of the Businesses. GST Council has constantly endeavoured to make the process crystal clear and gave proper clarification regarding any discrepancy.
Confusions were prevailing in the Food industry and baseless inceptions were being drawn regarding the Sweet shops, as should be considered amongst the dine-out eatery or not. It is the GST Council which had to finally plunge in this scene and the GST Appellate brought the clear picture.
As a result of the recent GST tax reduction, the Starbucks was expected to make relevant cost reduction on its products and supplies, but reflecting fishy, the Tax authorities have questioned about the Brand’s prices and has issued two sets of letters asking about the data to get close to the exact position.