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TDS is an acronym of Tax Deducted Source (TDS) which was implemented by the Indian government to collect taxes from sources on the income earned by an individual.
Hero MotoCorp, country’s largest two-wheeler maker called for a reduction in GST rates on bikes and scooters to 18 percent which is currently 28 percent.
In today’s busy world, each and every person wants some income tax exemptions through their salary or profession. Also, to make India cashless and bring it out of corruption, the government is trying every possible way. Now the IT (Income Tax) department has again come up with something in which it warned the people to […]
The examination of Goods and Services Tax Practitioners (GSTPs) has been conducted by the National Academy of Customs and Indirect Taxes and Narcotics (NACIN) in terms of second proviso to sub-rule (3) of rule 83 of the Central Goods and Services Tax Rules, 2017.
CBDT (Central Board of Direct Taxes) Chairman Sushil Chandra said that the IT department has proposed an extra investigation to stop the outlay of money towards the fraud repay claims which are based on the corrupt investments as shown in the tax return forms.
Goods and Services Tax is makings its way to hawala transactions because businesses are claiming ITC that are not able to be matched with the invoices, said West Bengal Finance Minister Amit Mitra.
Strict actions will be taken against the 1,300 dealers who did not pay the GST from starting, i.e. July 2017, by the Jammu and Kashmir state tax department.
As section 194C is a very important section, which is largely involved in business scenarios. If a person who is working in the accounting section in any company then he must have the deep knowledge about the provisions of Section 194C.
A major point of discussion on Times Network’s annual flagship event — India Economic Conclave 2018 was PM Narendra Modi’s flagship the ‘Ayushman Bharat Scheme’. Akrita Reyar, Chief Editor (Digital), Times Network caught up with Apollo Hospitals MD Suneeta Reddy at the event to know the laters take at the health insurance scheme and also the future needs of India’s abysmal healthcare sector.
