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New tax, New Opportunity!! After more than a decade waiting, finally GST is passed in the both houses of Parliament. Now there is an easy way for bringing a new tax reform in India. Currently we all professionals are talk about the indirect taxation improvement.
Big!! Big!!! Big!! the wait is over!! Now GST Act is not a dream for the companies. It will be implemented very soon. After passing bill in Rajya Sabha, the way of GST act became more easy and we can hope that this act will come in working very soon.
As seen from very long, the GST Debate is going well with enormous talks going again and again in parliament, Lok Sabha, Rajya Sabha and where is needed to reform the taxation scheme currently prevailing in India. Till today, Indian business units are running with basic indirect tax scheme which includes various steps and channel gates by which a tax payer has to undergo.
Even after almost a month of the launch of GST in India, people and businesses are still struggling to accept it completely. Let’s see how people from different areas are reacting to GST and what are their concerns.
Indian tax forms are used to document information in compliance with the Income Tax Act of 1961 and in accordance with the Income Tax Rules (codified in 1962), which govern the process of filing income tax returns in India. Two of such forms are Form 3CA & Form 3CB. Latest Update Filing 3CA and 3CB Form Via Software […]
Find TDS/ TCS return due dates with the time period and last date for filing for AY 2024-25 (FY 2023-24). TDS stands for tax deduction at source while TCS stands for tax collected at source. As per the Income-tax Act, if any person makes a payment to the receiver, then TDS is required to be […]
What is CARO? Sec 143(11) of the Companies Act, 2003 requires that the auditor’s report of specified companies should include a statement on the prescribed matters. These reporting requirements have been prescribed under the Companies(Auditor’s Report) Order, 2016. Latest Update 26th July 2021 ICAI has officially announced that the CARO 2016 is applicable to the […]
After the completion of the Chartered Accountant course, the aspirants can become either employed in a firm as an employee or can start their own private practice. If you want to start up your own business, then firstly you need to learn about the important terms and conditions of Business. Before getting started, the first things […]
Maintaining an accurate and correct payroll is the key factor to run a business. Never depends, which kind of business an owner runs? It can be a small-scale business or a well-settled multinational organization. The management of records of employees all details from its basic information to the taxes, company needs to pay for having […]
