Powerd By SAG INFOTECH
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Currently, there is a turbulence in the minds of car dealers, as the tax authorities are not leaving any stone unturned to curb the government’s revenue loss. Time has arrived for the car dealers to be investigated by the Indirect Tax authorities. The surveillance is all about the discounts and freebies offered by major car […]
AMC stands for Annual Maintenance Contract. AMC provides security on all the components let that be the large manufacturing machine of the company or the basic components like the printer or the computer. It gives the benefit of repair and maintenance to such products and the time period of the contract might vary from 1 […]
In a report on Monday, it has been said that to promote the tourism sector, the government should simplify the hotel GST rates and must encourage the private participation because it has a huge potential to further increase the jobs and economic growth. By the year 2029, the Indian tourism sector could see a growth […]
The high court of Telangana recently ordered that no individual or taxpayer will be getting input tax credit until unless he had filed the GST returns. Also, the court has said that in case he had missed the return filing he is liable to pay the penalty on the tax amount. This would impact the […]
A smart humanitarian step regarding GST elimination on the equipment, including wheelchairs, crutches and hearing aids by an 11 years old schoolboy.
The provision under Section 80C and 80D of the Income-tax Act is that specified taxpayers could claim for deductions to the Insurance company on the total amount paid to them for specified insurance schemes.
Cost-effectiveness is trending and the implementation of GST and E-way bill supports the same. This is evident from the declaration which has come from the Accutime which hinted and suggested the Cos rethink its logistics.
GST 2.0 regime is a new advancement in GST taxation. It is assured for a single, moderate, standard rate of tax by the Congress, which would be covering all goods and services.
GST council had already finalized the decisions regarding the alteration in the GST rates on real estate to 1% & 5% for affordable houses and other under construction properties respectively.
