The Indian Finance Minister, Arun Jaitley held a meeting on Tuesday to make changes with the opposition party Congress. He believes that these demands can “damage” the new system compared to its benefits.
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The Indian Finance Minister, Arun Jaitley held a meeting on Tuesday to make changes with the opposition party Congress. He believes that these demands can “damage” the new system compared to its benefits.
Finance Minister, Arun Jaitley says that the Prime Minister of India, Narendra Modi has majority votes to pass vital reform, Goods and Services Tax that was first proposed in 2006. Talking about the GST Bill, it is an indirect tax and one of the best and biggest economic reforms in India. The Bill could be applied from April 1, 2016 after it’s approval. The anti-persons of Narendra Modi have blocked the measure in the Rajya Sabha, Finance Minister told in an interview of Bloomberg TV India.
A Chartered Accountant (CA) empanelled with the state government will now give free certificates to the small traders in Haryana who have less than Rs 20 lakh in annual turnover. Manohar Lal Khattar announced this on Thursday. GST registration requires a CA certificate for small traders. They must pay some amount of money in order […]
The government has given provisional reliefs like reduction in GST rates on a certain category of products but are these benefits being passed on to the customers? National Anti-profiteering Authority (NAA) Get to know about complete guide of the anti-profiteering rules under GST in India. Also, we have attached Indian government provisional orders has recently […]
The Prime Minister of India, Shri Narendra Modi announced some visionary goals to enhance the Startup ecosystem in the country. Promoting the Startup ideology, the PM brought up the Startup India initiative. The initiative is proposed to fulfil the needs of struggling entrepreneurs and encourage them to work in a more feasible manner. Notedly, the […]
The Federation of All India Vyapar Mandal has filed a petition in the Supreme Court against Section 43B(H) of the Income Tax Act. The same newly introduced provision, part of the Finance Act 2022, limits Micro and Small Enterprises (MSEs) from extending credit to buyers beyond 45 days. Any buyer surpassing the same limit encounters […]
Planning the business is vital for the inception, growth, and success of the company. Such planning provides the company with an effective vision for the future and an expanding method. Choosing a good method can make your business growth efficient leading to success. There are seven essential elements that your business plan must follow. What […]
A new regulation for the assessment year 2024-25 has been enforced by the central government, mandating that purchasers settle payments for goods procured from MSMEs within 45 days of delivery. Furthermore, all outstanding dues to MSMEs must be cleared before March 31, 2024. Failure to adhere to these timelines will result in the pending payment […]
The Allahabad High Court rendered the Additional Commissioner, CGST, (Appeals), Meerut, to provide the benefit of Under Section 14 of the Limitation Act to the applicant and hear the petition filed under Section 107 of Central Goods and Service Tax Act, 2017 afresh. Section 14 of the Limitation Act, 1963 furnishes that the period where […]