March 27, 2018

Rule – 69, Conditions for withdrawal for various purposes

69. 70[(1) The withdrawal 71[in connection with expenses on illness as specified in clause (a) of sub-rule (1) of rule 68 or] in connection with expenses on marriages as specified […]
March 19, 2018

Rule – 18DD, Form of report for claiming deduction under sub-section (11B) of section 80-IB

18DD. The report of an accountant which is required to be furnished by the assessee along with the return of income, under sub-section (11B) of section 80-IB shall be in Form […]
March 16, 2018

HostBooks Limited begins a new journey at the SRCC Alumni Meet 2018

August 30, 2017
arun-jaitley

GST collections top govt target, 64% file returns in July: Arun Jaitley

The collections under the goods and services tax (GST) in July, the first month of its roll-out, exceeded the Union and state governments’ target, even though 36 per cent of […]
August 24, 2017
Input-Tax-Credit

20 lakh businesses pay GST so far, more to follow: GSTN Chairman

NEW DELHI: Maiden tax collections under the GST regime have seen over 20 lakh businesses pay tax online so far and about 30 lakh more are expected to do so […]
August 23, 2017
GST

Retail inflation hits cinema tickets, biscuits, chocolates, cigarettes

The pace of retail inflation quickened in personal computers, biscuits, laptops, cinema tickets and cigarettes in July, when the goods and service tax (GST) was introduced, compared with June and […]
August 23, 2017
arun-jaitley

Finance Ministry modifies cash management system to include post-GST changes

The finance ministry has modified the cash management system of the Central government to incorporate the change in date of tax receipts arising out of the new indirect tax regime […]
August 23, 2017
GST in India

11 states may see Rs 9,500 crore revenue loss this year under GST

MUMBAI: Even though as a whole states’ revenue may clip past at a CAGR of 16.6 per cent in FY18 over FY16 under the GST, 11 of them may need […]
August 22, 2017
GST

FMCG dealers seek to recover GST cost from companies

NEW DELHI: Companies in FMCG and consumer durable space are facing a surprise bouncer from their dealers experiencing goods and services tax (GST) transition blues. Dealers have sought compensation from […]

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