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The Union budget for FY23 seems to announce the procedure to diminish the tax litigation, increase compliance by keeping an eye on the transactions in a strict way and does work for the target to draw more companies into the formal sector. Inside the procedure beneath acknowledgment are the changes towards the issue resolution policy […]
The Central Board of Indirect Taxes and Customs (CBIC) decided to conduct the meetings through the officials of state tax administrations in the country to surge GST collections mentioned in an official discussion. A similar meet has formerly been conducted in Karnataka towards the revenue boost plan along with that to find out the areas […]
Before the assembly polls furnishing relief to the traders the Punjab council has decided to provide the privilege for Rs 1.5 lakh cases from the assessment concerned to the cases of C form from 2014-15 to 2017-18. The decision indicated that nearly 8500 cases shall be examined beneath the same class every year. “This trader-friendly […]
The government is thinking about the proposal on the concession of tax on the vehicles that are bought after scrapping old vehicles beneath the launched national automobile Scrappage Policy, Union Minister Nitin Gadkari. Final Call by FinMin, GST Council Beneath the national automobile scrappage policy, the union government mentioned that the states and the Union […]
A trademark agent or attorney is a permitted verified professional who suggests complete legal concerns of the Trademark filings, registration, and objections. To hold the trademark agent it is essential to clarify the exam accompanied by the Trademarks Registry called the Trademark Agent Exam. A company Secretary shall get privileged from the Trademark Agent Exam. […]
There are some diversified banks and firms that might see some more taxes beneath the GST upon their intangibles like goodwill, brand, logo fees, and despite franchise fees furnished through them, following a recent adjustment in tax rates. In recent times the government has executed rate parity between ‘right to use’ and ‘transfer of right […]
At the present time, there are 2 tax slabs – 5% for bills below Rs 999 and 12% towards the bills apart from that. GST official has specified that the GST price amendment from the date Jan 2022 so as to improvise the inverted duty plan towards the Footwear and textile sector. GST is subjected […]
An Easy System of Implementing the Business for MSMEs The Confederation of All India Traders (CAIT) inside the communication to chief ministers of all the states shown that the cause of the significant delay of the GST by the “big e-commerce companies by artificially reducing the prices of the goods sold at their e-commerce platform […]
There are various companies and people who might avoid furnishing the taxes has come beneath the taxman’s lens mentioning an explained investigation upon the grounds of the application of the data analytics and machine learning and robust information sharing amid different tax councils. The government practised the statistics of the last 2 fiscal years to […]
