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GST is on the way and still, there is a lot to improve the statistics as the all of the finance ministry is looking up the best measures to fix the new tax regime in the best possible way. In this year, there is a significant event to take place which will affect many in a similar way, and that is Budget 2017 heading in February.
The goods and services tax has finally ended up the online party for the smartphone customers. The gap between the online and retail prices of the smartphone is now reduced to a considerable level with still lesser price marks in comparison.
Web-based business administrators like Flipkart and Snapdeal should deduct TCS (tax collected at source) in between making payments to their providers, as per the new model GST law, which has modified the meaning of ‘aggregator’. The model GST law accommodates 1 percent TCS to be taken by the E-business administrators.
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 […]
There is a need of some HR management software for maintaining employee database in the corporate world. SAG Infotech brings you Payroll software that keeps you manage the work efficiently and professionally. The software can be used to store several employee related information such as salary data, investment details, contact information, salary certificates, attendance and many other relevant details. Looking to the demand of the Payroll software, Gen Payroll is available for a free trail version, which helps the user to understand the basics of the HR management software.
As the Government is working on the 4-slab rate, somehow the Government would be synchronizing current exemptions schemes with upcoming GST regime as for some better reason and has declared that it would be that it is pro-poor with 50 percent of essential goods and services exempted from any tax.
People looking to download free TDS return filing software that can easily handle online TDS and TCS filing, along with quick intimation, don’t need to look any further. The solution is Gen TDS software for FY 2024-25, available as a free trial version. This TDS return filing software is designed to file returns by the […]
As per the CRISIL’s report(October 2015), the insurance industry of India consists of around 52 insurance companies of which 24 are life insurance and 24 are engaged in non-life insurance companies. India’s Life insurance sector recorded a new premium income of Rs. 1.38 trillion for the period April 2015 to March 2016 indicating a growth rate of 22.5 percent.
A new chapter viii titled ‘Equalisation levy’ is inserted in the finance bill which will take effect from the 1st of June 2016 to provide for an equalization levy of 6 % of the amount of consideration for specified services received or receivable by a non-resident not having a permanent establishment (‘PE’) in India, from […]
