GST ON MEDICAL & HEALTH CARE SECTOR : PART 1

स्वस्थ नागरिक ही, किसी राष्ट्र की सबसे बड़ी पूंजी है Health Care Sector is on the highest priority for the government and a significant portion of the government spending goes...

RBI RELIEF IN NPA NORMS TO SPECIFIED MSME BORROWERS REGISTERED UNDER GST

The Reserve Bank of India (RBI) has granted relief to specified M.S.M.E. Borrowers registered under GST be extending the overdue period for being classified as NPA vide Circular No.  RBI/2017-18/129...

PENALTIES & LOSSES ON DELAY IN FILLING OF INCOME TAX RETURN

The Union Budget, 2018 has introduced some of the most radical provisions to ensure Timely Filling of Returns. The Penalties and Losses for delay in filling of the Income...

RATE OF INCOME TAX ON COMPANIES FOR F. Y. 2018-19

The biggest beneficiary of the Union Budget, 2018 are Mid Sized Companies. We are discussing below the Rate of Income tax on Companies:-   A) TAX ON DOMESTIC COMPANIES:-...

INCOME TAX CALCULATION OF PARTNERSHIP FIRMS & LLPs FOR F. Y. 2018-19

No change has been proposed in the Union Budget, 2018 in respect of the Rate of Income Tax for the Partnership Firms & LLP’s. We are discussing below the...

PERSONAL INCOME TAX CALCULATION & PLANING FOR F.Y. 2018-19

The Union Budget, 2018 has not made any major changes in the Income Tax Rates for Individuals. We are noting below the method of calculating the Income Tax on...

NO E-WAY BILL UNDER GST – Notification No. 11/2018 – Central Tax

Vide Notification No-11/2018-Central Tax dated 02/02/2018 (today), Central Government recinds Notification No. 74/2017–CT dated the 29/12/2017 regarding date of effect of e-way Bill Rules from 01/02/18. Or In simple...

LONG TERM CAPITAL GAIN (LTCG) TAX ON EQUITIES (SHARES) @ 10% : BUDGET 2018 ANALYSIS

As per the announcement by the FM, a Tax on Long Term Capital Gain on sale of Listed Equities Shares or Equity Oriented M. F. or a unit of Business...

Big Relief Rajasthan GST : No E-Way Bill required for Intra State (within State) Supply of Goods

Relief has been given to the Taxpayers under GST in the State of Rajasthan, who are engaged in buying and selling of goods within the State of Rajasthan (Intra...

Reduced Rate of GST on Diamonds & Precious Stones – 0.25%

The GST Council in its 25th Meeting today (i.e. 18-01-2018) has decided ti reduce the Rate of GST as below:- Commodity – DIAMONDS & COLORED STONES Chapter Heading –...

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The Views expressed on this blog are strictly personal and for knowledge of our clients only. The contents of this blog are solely for informational purpose and it does not constitute any professional advice or recommendation. The laws related to GST and other taxes are under evolution and subject to constant changes and amendments over time. It is suggested to take specific legal advice and necessary due diligence before relying on the contents and information of this Blog. The authors of this blog, does not accept any liabilities for any loss or damage of any kind arising out of information on this blog and for any actions taken in reliance thereon.