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Goods and Service TaxLatest News

FM has Opened Special Window to States to Meet the GST Compensation Cess Shortfall

dateOct 29, 2020
timeReading Time: 2 Minutes

The Ministry of Finance has opened the Special Window to States for meeting the GST Compensation Cess shortfall. Un...

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Professional Tax Registration

Let’s Understand the Concept of Professional Tax in Tamil Nadu

dateOct 29, 2020
timeReading Time: 4 Minutes

Professional Tax is the state government direct tax imposed on an income earned by a wide range of people pursuing...

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Income Tax

10 Reasons Why Filing Income Tax Return Is Vital For You

dateOct 27, 2020
timeReading Time: 4 Minutes

Individuals who reap income by any means ought to pay income tax without any exception. Since it is a mandatory req...

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Goods and Service Tax

Goods and Services Tax (GST): Consequences of COVID 19

dateOct 23, 2020
timeReading Time: 3 Minutes

Imposing taxes on the services is perhaps the most convenient way for the government to generate revenue and “doc...

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Music License
Latest NewsTaxation

CBIC Prescribes Measures for timely Assessment of Bills of Entry and Clarification of Faceless Assessment

dateOct 20, 2020
timeReading Time: 3 Minutes

The Central Board of Indirect Taxes and Customs has issued the circular prescribing measures for smooth implementat...

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Goods and Service TaxLatest News

WB Authority of Advance Ruling on the applicability of GST rate in Various Sectors

dateOct 20, 2020
timeReading Time: 6 Minutes

The following are the latest notifications of WB Authority of Advance Ruling for the applicability of GST rate in V...

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NGOTaxation

An Insight into New Era for Religious NGOs under Taxation

dateOct 19, 2020
timeReading Time: 4 Minutes

Budget 2020 has amended certain provisions related to religious trust under the Income Tax Act. The amendment has a...

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TaxationTrust

Overview of Registration of Trust under Income Tax Act

dateOct 10, 2020
timeReading Time: 3 Minutes

Trusts are abided by the rules prescribed in Section 8, which claims the tax benefits as discussed in Sec 11 and 12...

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Goods and Service TaxLatest News

42nd GST Council Meeting: Key Recommendations

dateOct 10, 2020
timeReading Time: 2 Minutes

The 42nd GST Council meeting held under the supervision of honorable finance minister Smt Nirmala Sitharaman via vi...

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Income TaxTaxation

CBDT Amends the Tax Audit Report Form 3CD, ITR 6, Form No 10-IE and 10-IF

dateOct 08, 2020
timeReading Time: 4 Minutes

This Notification has come into force on a date of publication in an Official Gazette which was on 1st Oct, 2020. I...

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Income TaxTrust

Everything you need to know about Income Tax Return Filing for Trust in India

dateOct 08, 2020
timeReading Time: 4 Minutes

A Trust is an institution or association that is formed to provide or assist in the development of ecosystem, monum...

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Goods and Service TaxLatest News

GST Can’t be Imposed on Services Provided By Court Receiver

dateOct 03, 2020
timeReading Time: 3 Minutes

The Hon'ble Bombay High Court in the matter of Bai Mamubai Trust v. Suchitra [Decided on September 13, 20...

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Latest NewsTaxation

An Analysis on Margin Scheme on the Sale of Repossessed Vehicle

dateOct 01, 2020
timeReading Time: 2 Minutes

Volkswagen Financial Services UK deals with the financing business related to vehicle purchases under the renowned...

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Latest NewsTaxation

Lok Sabha clears the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020

dateSep 30, 2020
timeReading Time: 3 Minutes

The lower house of the parliament i.e. Lok Sabha has passed the Taxation and Other Laws (Relaxation and Amendment o...

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