Powerd By SAG INFOTECH
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In the time of inflation, it is very difficult to buy a house and it has become a dream for many in India. Making the new house purchase a beneficiary affair for the citizens of India, the government is giving the benefit of tax under the ‘housing for all’ initiative. And one of the key […]
MP activist Chandrashekhar Gaur is in action again with his question directed on the applicability of 18 per cent GST on the healthcare insurance seems to move within the political corridors as the letter has been sent to the prime minister Narendra Modi also.
Some taxpayers who get the stay granted by the Appellate Tribunal for Forfeited Property (ATFP) may encounter shocking news in the coming weeks. Acting as a semi-judicial authority, The income tax department is trying to abort the stay permitted to the taxpayers by Appellate Tribunal.
The income tax e-returns filed for the April-February period has marked up almost 30% more when the comparative study was done with the analogous span of time in FY18 which attested 6.7 crore income tax e-return filing.
Under section 80D of Income Tax Act, Tax deduction on Health Insurance Premium confirms the exemption on the premium paid for the health policy taken for himself or the children.
The GST portal over the last six months has witnessed several changes and updates. All the new updates are rolled out on a regular basis to help and assist the taxpayers in smoothly and effectively filing their GST returns.
In the wake of counter-terrorism steps against all the doubtful organizations, the income tax department too made some affirmative actions towards a financial supporter of terrorism namely Naeem Khan in the Kashmir region.
Goods and services tax is an endless topic with multiple provisions and acts. It is also considered to be very complex in nature as many of the professional chartered accountants, as well as tax experts, are trying to solve the puzzles introduced by the GST in the last 2 years.
This Article deals with defining and categorizing the transactions between the employer and employee from GST point of view.
