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To provide support to the small business and makes the entrepreneurs strengthen the union budget 2022-23 must begin to start the other Indian startup-friendly schemes and exemptions in tax for simplifying the business, innovation spending, and diminishing the compliance costs. Upgraded reforms, policy assistance, and support mechanisms to build effective solutions for the incompleted fiscal […]
The appeal has been refused by the Rajasthan high court towards the elimination of the issues in the income tax portal. The PIL furnished via the tax bar association of Jodhpur states various issues by taxpayers towards the errors in the portal of the income tax department. The extension of the time limit is important […]
The high court of Gujarat has asked the Central Board of Direct Taxes ( CBDT) to fix the technical problems which has been faced by the taxpayers while filing the Tax Audit Report (TAR ) and Income tax returns (ITR), warning to expand the deadline to March 15 in case the job is not been […]
Impact of No Taxes in India The system of tax is so difficult in India. As a CA student, it would diminish your taxation syllabus which is difficult for many students to crack. As an assessee in India, they would surely find it cool as they do not need to give the time to all […]
The government is required to diminish the regulatory load and reduce the cost of performing the business towards enabling micro, small and medium entrepreneurs to differentiate the corporate sector as per the retired chief economic advisor in the finance ministry Arvind Virmani. Discussing the webinar conducted by the industry body PHDCCI and the Foundation of […]
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 […]
The Central Board of Indirect Taxes and Customs (CBIC) mentioned that the law is concerned with the recovery of penalty through the goods sale or conveyance confined or seized in transmit. The Board has declared Central Goods and Services Tax (Tenth Amendment) Rules, 2021 that asks for the change of the Central Goods and Services […]
The union finance minister Nirmala Sitharaman had recently stated her suggestions to the state finance ministers with the inclusions of chief ministers, deputy Chief Ministers, also senior officers from centre and state. TV Somanathan, the Union Finance Secretary greeted all the senior ministers and officials by mentioning the importance of the meeting as per the […]
