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Search results for: Goods and Services Tax

GST Bill Cleared by Cabinet, Awaiting Rajya Sabha Approval

Reportedly on Wednesday, the cabinet cleared the changes in the the GST Constitutional Amendment Bill. The changes made accompany 1 per cent drop in manufacturing tax and compensating the states that undergo any revenue loss in the first 5 years of the providing guarantee to compensate states for any revenue loss in the first five years of rollout of the proposed indirect tax regime.

gst in rajya sabha

GST Likely To be Listed in Rajya sabha this Week

Finance Minister Arun Jaitley will be meeting the state finance ministers on Tuesday and thereafter the Government will be listing the delayed GST bill in the Rajya Sabha for further discussion. Jaitley will discuss the proposed amendments regarding the GST legislations passed by the Lok sabha with the state finance ministers.

Chartered Accountant Day Special

Chartered Accountant Day Special: Significant Developments by ICAI Since May 2016

The recent growth of accountancy profession in India has led the statutory body, ICAI to introduce considerable measures in the areas of education, high accounting, auditing, and ethics and within 66 years of its presence, the institute has achieved a lot and recognized as a premier accounting body in the country.

A Complete Guide to the Company Auditor’s Report (CARO) 2020

The Companies Auditor’s Report Order – CARO 2020

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, 2020. Latest Update CARO 2020 Applicability It shall apply to every company, including a foreign company as defined […]

New Business Opportunities for CA

Best Business Opportunities for Chartered Accountants

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 […]

The GST Committee of State FMs selects Amit Mitra as a New Chairman

The GST empowered committee of state finance ministers has selected a name, Dr. Amit Mitra as a new chairman of the committee. He is a West Bengal Finance Minister also. Moreover, the post of chairman was empty since November, 2015 as the Kerala Finance Minister KM Mani had left the post in November due to corruption charges.

Arun jaitley

Government to Make Double Efforts to roll-out GST Bill in 2016: Jaitley

The Indian Finance Minister Mr. Arun Jaitley said, the government will roll-out new taxation regime, GST by just making “certainly” double efforts in 2016 and he is in “continuous touch” with opposition party to coax them to cooperate.

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