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As the Telecom Industry reels under the pricing war for more than two straight years now, the demand for streamlining GST issues is getting stronger with each passing day.
On March 15, 2019, the fourth instalment of advance tax payment is required for FY 2018-19 and by this date, 100% of advance tax liability has to be paid. compute your advance tax liability and before time surely pay the Advance tax instalment to avoid penal interest.
A recent ruling by the Kerala High Court states detention of vehicles transporting personal effect goods without e-Way Bill as invalid. Under the GST regime, an e-Way bill must be furnished against transport of goods whose value exceeds Rs. 50,000.
According to a senior government official, GST evasion worth Rs 12,000 crore has been recorded in 8 months between April and November.
In response to a plea filed by KTC (India), a travel & tour’s operator, against the Special Audit notice of GST, the Delhi High Court has recently issued a notice asking Centre to declare Rule 5A of the Service Tax Rules, 1994 as unconstitutional and inoperative.
Petrol and diesel will not be included under GST (Goods and Services Tax) until and unless the income under the GST reign strengthens said the former chief economic adviser Arvind Subramanian.
The reserve bank of India got a new governor namely Shaktikanta Das, who was also a former economic affairs secretary and also the member of finance commision currently.
Income Tax Return (ITR) filing is mandatory for all Indian nationals whose annual earning is over Rs 2,50,000/- in a Financial Year. The criteria are revised from time to time for accurate listing and record maintenance.
In a bid to make the National Pension System (NPS) more appealing for potential investors, the government has decided to make NPS withdrawals 100% tax-
