Dear Friend, Under the regime of the present Central Government which has tried to make the things digitalized to the extent possible, it has also emphasized on timely compliance for the taxpayers. From the Assessment Year 2018-19, the legislature has levied the fees for filing Income Tax Return after the due date. We […]
Dear Reader, Kindly find below updates of the decisions taken on the 27th meeting of the GST Council. The meeting has considered the below main subjects for discussion: New Return Design system Incentives for Digital Payments Sugar and Ethanol GSTN to be a fully owned Govt. company The detailed analysis of each subject is[…..]
Kindly find below the RECOMMENDATION OF THE 26TH GST COUNCIL MEETING: E-WAY BILL In the 26th GST Council meeting, it was expected that the council will announce the date of applicability for E Way Bill as the necessary amendments in the E Way bill rules were already made just before 2 days of the[…..]
Dear Reader, It was a pleasure to present you the analysis of the Union Budget 2018 on the very same day. The various provisions of the Finance Bill are explained below in the simple language to the extend possible: Education Cess: Education cess and Secondary and Higher Education Cess will be discontinued which was 2%[…..]