GST Impact- Gujarat set to regain its foothold in Pharma Sector
Gujarat which till 2008, had about 40% of its share in Country’s Pharma Industry, saw its share in the industry tanking to low of 20%... Read More
Rajbir Chawla
As the deadline for selecting cases for Scrutiny nears, Department sending Scrutiny Notices
3 min read
As the deadline for selecting the case of Financial Year 2014-15 nears, the department is sending the notices for Scrutiny. This year, not necessarily all... Read More
Why is J&K State not accepting GST? What if J&K does not adopt GST
The Much talked about and ambitious bill by NDA Government, also touted as bill that would ensure reconciliation of inputs and outputs and thus eliminate... Read More
Would those missing deadline of Income Declaration Scheme 2016 face Raid-Raj by Income Tax Department
From various speeches in various forums by Prime Minister, Narender Modi and Finance Minister, Arun Jaitley, one can sense the focus that the Government is... Read More
Shopping Online? How GST will affect Online Shopping and Ecommerce sites?
As online commerce and shopping sites are gaining popularity, various states are getting alive to fact of revenue they are losing. Currently, the state from... Read More
Excise Duty, Service Tax, Additional Custom Duties, VAT, CST, Entertainment Tax, Octroi or Entry Tax, Purchase and Luxury Tax would be subsumed into GST
Post implementation of GST, following Central Taxes would get subsumed into GST Central Level Excise Duty, Additional Excise Duty, Service Tax including applicable surcharges; Additional... Read More
Threshold Turnover limit for registration under Rs 25 lacs and 24 x 7 Call Center would be available
1 min read
Threshold Turnover limit for registration under Rs 25 lacs and 24 x 7 Call Center would be available
Revenue Secretary, Ministry of Finance, Government of India announced in a recent Press Conference that traders having turnover lesser than Rs 25 lacs per year... Read More
Restructuring your Salary in Tax Efficient Manner can increase your carry home Salary by upto 10%
3 min read
Importance of getting salary rationalized cannot be over emphasized. With times, as salary levels have risen and the Income tax exemption limits still at ridiculously... Read More
GST Coming……Are your IT systems compliant to handle GST?
Come GST and various assessees would need to put in place a mechanism to have correlation between every entry. Most companies would need to upgrade... Read More
CBDT notifies revised form for Declaration under Income Declaration Scheme
S.O. 2705(E).— In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 199 of the Finance Act, 2016 (28 of 2016),... Read More
Major Changes Expected in Direct Tax Code 2025 and why these matter 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA 
What is remedy to taxpayer if the Tax deductor fails to deposit the TDS or fails to file TDS Return