Now Income Tax Officers may be rewarded by the Central Government for settling all impending issues related to non-payment of direct taxes.
Powerd By SAG INFOTECH
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Now Income Tax Officers may be rewarded by the Central Government for settling all impending issues related to non-payment of direct taxes.
Tax and India are slowly but surely arriving at reconciliation terms. This is echoed in a recent statement made by a government official.
Maharashtra has mentioned that it would surge the cap for e-way bill threshold limit for goods and services supplies within states considering GST norms from existing Rs 50,000 limit to Rs 1 lakh.
In a bid to curb tax evasion, the government has finally decided to take a step ahead in the direction of implementing reverse charge mechanism provision. For this, there will be a meeting of a group of ministers GoM scheduled on 16 April.
The government has asked businesses to enroll for e-way bill ahead of roll-out from April 1 because only 11 lakh businesses and transporters registered for the platform yet.
On Wednesday, Union Finance Minister Arun Jaitley said that the GST Council members will discuss to be included real estate sector under the newly implemented Goods and Services Tax (GST) Regime.
It is uncertain that what if the implementation of the Goods and services tax (GST) goes expensive with inflation goes higher but the government is still assuring the fact, that it won’t be the case in the GST.
In a general issue regarding the mismatch in names occurring in the PAN card and Aadhaar card has been surging day by day as in the common process to link the Aadhaar card to the tax return file, the issue of name mismatch recurring in every taxpayer application.
No result found! Clear search ACCOUNTS AND RECORDS 1.Maintenance of accounts by registered persons (1) Every registered person shall keep and maintain, in addition to the particulars mentioned in sub-section (1) of section 35, a true and correct account of the goods or services imported or exported or of supplies attracting payment of tax on […]