[ad_1] Arun Jaitley said that demonetization forced money holders to deposit the same with banks. Finance Minister Arun Jaitley said Thursday that the demonetization has resulted in a formalization of the economy …
Read More »gst: No deadline for filing GST returns for the input tax credit
[ad_1] NEW DELHI: The deadline for the filing of the 2017-18 input tax credit return is Saturday, as the government rejected the extension request by Indian companies. The Department of Finance notes, …
Read More »The GST Board accepts the "transaction value" to tax the hotel rate
[ad_1] NEW DELHI: You will no longer be charged a higher tax rate for your stay at the hotel, the Goods and Services Tax Council finally accepting the "transaction value" for the …
Read More »ITR filing: Lied in your tax return? You are responsible, not your ITR preparer and here's how to save you
[ad_1] Ashish Kumar did not believe his ears when a friend told him about the huge tax refund he received last year. "The tax professional who had refunded him charged him 15% …
Read More »GST-exempt Sanitary Napkins: "No Price Reduction Due to Refusal of the Input Tax Credit"
[ad_1] Written by Aanchal Magazine | New Delhi | Last Updated: July 27, 2018 3:30:06 am The badociation asked the government to find a solution for granting input tax credit to manufacturers. …
Read More »Azim Premji: Use resources on broadening the tax base, no repetitive litigation: Azim Premji, head of Wipro
[ad_1] BENGALURU: Wipro's chief, Azim Premji, suggested to the Income Tax Department that it devote its resources to increasing the country's tax base rather than applying it in "Unnecessary and repetitive litigation". …
Read More »Wipro President Azim Premji calls for lower tax rates
[ad_1] Wipro President Azim Premji suggested that low tax rates encourage voluntary compliance by taxpayers and help broaden the tax base. The lowering of the tax incentive rate would not be proportional …
Read More »Tax: MS Dhoni country Rs 12.17 crore in taxes, highest in Bihar and Jharkhand | India News
[ad_1] RANCHI: Former Indian cricket captain Mahendra Dhoni Singh Dhoni has paid Rs 12.17 in the fiscal 2017-18 fiscal, senior IT officials in Ranchi said on Monday. Dhoni, who gave up the …
Read More »GST: With exceptions, businesses start tax planning
[ad_1] You can blame companies for tax evasion, but not for tax planning. A few hours after the GST Council cut rates on 88 products, businesses and tax advisers have been struggling …
Read More »Income Tax Statement: Common Mistakes to Avoid When Filing ITR-1
[ad_1] The compliance form is simple for those who earn income solely from sources such as salary, home ownership and other income. These taxpayers are required to file their income tax returns …
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