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
Rajbir Chawla
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
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
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
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

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
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
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