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Search results for: Income tax Act

All About US Certified Public Accountant Course

Career Scope & Benefits of US CPA Studies for CA Students

It is quite an effective decision to do US CPA within CA besides because most of the concepts are likely towards the Indian MNCs such as Infosys, Wipro, DRL which has been listed in the US and also these four needs that you must have a CPA for their global delivery services. Complete Information Concerning […]

GST Collection in Feb 2021

Expectation of INR 1 Lakh CR GST Collection in February 2021

There is an expectation of Rs 1 lakh cr GST collection for the straight 5th month in Feb converting it to the highest sustaining collection ever where its indirect tax regime was launched in July 2017 which shows the reliable economic return. The early prompts like the GST e-way bills generated Get to know about […]

Labour Laws 2021

Every Detail About Upcoming New Labour Laws 2022 for Workers

The new labour laws which were to be implemented on 1st July 2022 for all the corporates and organizations under the registration of the ministry of corporate affairs have been postponed as of now due to multiple states not agreeing on the terms. The new labour law will shrink working hours, and PF as well […]

Steps After Suspension of GST Registration

Legal Procedure to Follow After GST Registration Suspension

Prior to the changes in the CGST reform act 2018, there is no idea of the suspension of the GST registration beneath GST law. This act introduced the suspension of the enrollment through inserting the proviso to section 29 (2) of the CGST Act, 2017 effective from 01.02.2019. The proviso directed that: Moreover, it further […]

Order Related to GST Recovery for Official

Gujarat HC Orders GST Authorities for Any Recovery Mid Search Operations

There are several complaints of the urgent recovery through the GST officials in the search operations, Gujarat high court directed the central and state council for a stay as temporary in collecting or taking any due or amount from the businessman till search operation goes on. It is to be implemented if they are imposed […]

18 to 5 Percent GST Rate on Pesticides

Government Planning to Cut GST Rate from 18% to 5% on Pesticides

The council of the chemical and the petrochemicals has been asked by the finance ministry to lessen the GST on the pesticides from 18 to 5% with the aim to provide equality to the agriculture sector towards taxation. The 18% GST has been imposed on the pesticides and the fertilizers with 5% GST or more […]

Comparison Guide Between QRMP and GSTR 3B

Full Comparison Between QRMP Scheme & GSTR 3B Monthly System

There is confusion in every GST-enrolled individual and professional furnishing of GST returns in the current times to which the policy is to be taken, QRMP policy, or the monthly 3B system such as in Income Tax, the incorporation of the new income tax slab regime in lower tax price done by the government and […]

GST for Notional Interest on Security Deposit

KAR AAR: GST Can Be Imposed for Security Deposit’s Notional Interest

The Karnataka Authority of Advance Ruling (AAR) held that GST might be imposed on the notional interest upon the security deposit. The petitioner is the owner of Midcon Polymers Pvt. Ltd. who has the intention to involve in the business of renting commercial property on the monthly rents and allied business. They have an idea […]

Better Compliance Improved GST Collection

GST Collection Rise Through Improvement in Compliance & Deep Investigation: FS

Still, the economy is far away from meeting the pre-covid platform, but the finance minister is very well known about the compliance and the rise in the scrutiny which will assist in revenue collection in the next result. Ajay Bhushan Pandey the Finance Secretary said to TNIE that the collection will rise up through the […]

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