CONTENT GST on Import of Gold Revised GST Rates of Gold Jewelry Effect of GST on Organized Sector Effect of GST on Gold Jewellery Making Charges Reverse Charge Mechanism on old Gold Jewellery Before the implementation of Goods and Services Tax in India, taxpayers need to pay service tax at the rate of 1% with…
Table of Content What is the Taxpayer’s Charter? What are faceless Appeals? Widening the tax base Proposed Measures for Widening of the tax base What is the Taxpayer’s Charter? The taxpayer’s charter is a historical document that contains the right of the taxpayer and obligations associated with these commitments. The aim of the Charter is…
Concept Features of this platform Main focus of platform Expectations from taxpayer’s field Benefits of the platform Every person in the present scenario always thinks about its own extraordinary gains before doing any act in his/her life. This line speaks very beyond meaning for the topic which is going to be discussed below. To enhance…
Content What is Agricultural Income Examples of agricultural income Tax on agricultural income Steps of computation of taxable income Benefit under section 54B Quantum of exemption Agricultural income means the revenue earned from farming or agricultural land, building on agricultural land and any commercial product obtained from horticulture land. It may be received in cash…
Some of the useful tips that should be followed for smooth completion of GST audit: Planning meeting by GST auditors: The taxpayers are advised to have a pre- meeting with the GST auditors to have a proper understanding of the requirements of the GST audit by CA. Prior meetings with GST auditors will help a…
What is notice pay recovery? When an employee joins or leaves an organisation, he/she is bound by the terms and contracts of employment. When an employee leaves an organisation, he/she is required to serve the notice period before resigning and most of the employee agreements contain a clause stating that if an employee wants to…
Content Definition of ESOP What are the advantages of Employees Stock Option Plan? What are the disadvantages of Employees Stock Option Plan? What are the documents required for drafting an ESOP? What is the procedure for drafting an ESOP scheme? What are the different types of ESOPs? Who can issue ESOP and how? To whom…
Table of Content What is Form no 16? What is the difference between Form No 16 and Income Tax Return? Can I compute income tax at lesser amount than shown in Form 16? What will happen if I do not share my PAN or share wrong PAN with my employer? Besides my salary income, do…
Content How to e- verify the returns without login to e- filing portal? For which years can I e- verify the returns without login to e- filing portal? Requirements to e- verify returns. Steps to e- verify the returns without login to e- filing portal. How to e- verify the returns without login to e-…
Content Definition of Electronic Commerce Operator. Impact of GST on e- commerce industry? Is it mandatory to have GST registration for Electronic Commerce business? Taxability on E-commerce Operator (ECO) Export through post by e- commerce operators. Definition of Electronic Commerce Operator Electronic Commerce Operator shall include every person who directly or indirectly owns, operates or…