Competitor analysis is something very crucial in today’s time to remain in business and retain the customer, competitor analysis helps organisation develop counter strategy to beat or manage competition. Below are the important point to be considered for analysis: 1....
Read moreIn a layman language tax is money that an individual or an entity provides or offers to the government of a country so that this money can be used for economic, infrastructural development or to provide various services to the...
Read moreA big launch from Samsung is the successor of SAMSUNG GALAXY M31 Check it out!Expand to read more… 48MP + 8MP + 5MP triple rear camera | 16MP front facing camera 16.21 centimeters (6.4-inch) FHD+ capacitive touchscreen with 2340 x...
Read moreSome of the key decisions taken by the GST Council in today’s meeting is stated below: Pruning of GST rates: S. No. Items Number of products recommended for rate shift Earlier GST rates Recommended GST Rate Consumer goods, personal Read more…
Press Release: Recommendations made by the GST Council in the 23rd meeting at Guwahati on 10th November, 2017 Press Release: Changes in Composition Scheme
Press Release on changes in GST/IGST rates as per recommendations of @GST_Council #GSTForTrade pic.twitter.com/pteTd6vORF — CBEC (@CBEC_India) October 6, 2017
Followings were the major points for 22nf GST council meeting Turnover for composition scheme raised from ₹75 Lakhs to₹ 1 crores. E-way bill provisions deferred till April 2018. Reverse charge to be abolished till 31.03.2018. Quarterly returns for taxpayers with Read more…
Purpose E-way bill is a mechanism to ensure that goods being transported comply with the GST Law and is an effective tool to track movement of goods and check tax evasion. How to generate E-waybill An e-way bill contains two Read more…
PRESS RELEASE On Blockage of Working Capital of Exporters. Source : Check Here
Clarification about Transition Credit: There are lot of speculations in the media about the credit of Rs. 65,000 crore claimed by taxpayers in respect of Central Excise and Service Tax in the pre-GST period. Some people are under the impression Read more…
The Goods and Services Tax (GST) Council has put in place an elaborate framework for division of taxpayers between the state and central tax authorities, in a move aimed at bringing clarity and effectiveness in the administration of the new Read more…
22 lakh GST returns filed till 6 pm Wednesday on GSTN portal : Over 21.83 lakh returns were filed till 6pm, a person aware of the development said. GST return filing would continue till midnight. Tax officials have asked about Read more…
GST Council prepones meet to October 6 The meeting that will be held will be a video-conferenceing meeting. जीएसटी और बैंकरप्सी कोड से भारत में बढ़ेगा एफडीआई: मूडीज Exporters urge government panel to speed up GST refunds GST : Small Read more…
1) How to identify register or unregister dealer? Register dealer should print GST number on their bill. 2) How to identify if they printed Fake GST number? You can verify GST number in this link: https://services.gst.gov.in/services/searchtp 3) What are the Read more…
The order is being issued today ie 18.09.2017 on date extension!!! @askGST_GoI Notification No. 35/2017 – Central Tax New Delhi , GSTR3B Return Dates for August to December 2017 whatsq.com No Further Extension in Filing Returns Under GST, Says Hasmukh Read more…
Notification No. 35/2017 – Central Tax New Delhi , GSTR3B Return Dates for August to December 2017 Sr. No Month Last Date for filing of return in FORM GSTR-3B (1) (2) (3) 1 August,2017 20th September,2017 2 September,2017 20th October,2017 Read more…
जीएसटी के तहत घर ख़रीदारों पर कोई अतिरिक्त बोझ नहीं हैं । माल और सेवा कर – अच्छा है सरल हैं #GSTSimplified pic.twitter.com/pdOsK6ElPc — GST@GoI (@askGST_GoI) September 16, 2017 No additional burden on Home Buyers under GST #GoodAndSImpleTax #GSTSimplified pic.twitter.com/KcIDRgxzuh Read more…
Attention Taxpayers ! Return Filing deadlines have been extended for July 2017 #GoodAndSimpleTax pic.twitter.com/7Rq5kvBAPZ — CBEC (@CBEC_India) September 13, 2017
LIST OF GOODS FOR CHANGE IN GST RATE RECOMMENDED BY GST COUNCIL IN ITS 21st MEETING HELD ON 9TH SEPTEMBER, Read more here.
GST Council recommended following updates as per the press release of 21st meeting held on 9th Sep.
GST Master is an app designed to keep the GST Info on the Tap, I’ll review the app here with best of my ability. GST Master app does gives you: Offline Ability to Search the GST rates for Goods and Read more…
GST council has extended filling date of GSTR-1,GSTR-2 and GSTR-3 for July and August month,
as many tax payers found the original due date very short as there are lots of confusion in filling of returns.Very often, we believe the employer-employee relationship to be beyond the purview of indirect tax. The company, we figure, is only a juridical person and operates through the acts of its employees. A close look at Model GST Law (MGL) Read more…
GST Registration FAQ: As GST rolled out on 1st July, 2017, and we all started to question if we need a GST registration, we are putting this FAQ to help you identify if you need GST Registration. When GST Registration Read more…
Latest GST Notifications We will list all the latest GST notification here for more details , please use comments to put up your questions if any. Will try to answer them. Use : ctr + D to Bookmark this page GST Read more…
Today, the Government (GST council) has clarified various points through Twitter. The same is attached for your reference. We have listed few important areas and the Government responses on the same below for your ready reference: Sr. No. Users Read more…
GST council has decided composition levy for small and marginal supplier as discussed below:Under GST transition, Any revision in contract for supply of Goods or service after appointed which was originally executed before appointed date will be carried as per transition rule. This rule also cover for revision in price of goods or service or return of goods which was originally supplied before GST applicability
Dear All,
As you are aware the nation is moving toward the GST regime where government intend to keep other cess at minimal, to that effect central government has issue press release on Cesses that will be abolished on implementation of GST, which are listed in below release. (more…)
The fitment of rates of services were discussed on 19 May 2017 during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir.
The Council has broadly approved the GST rates for services at Nil, 5%, 12%, 18% and 28%. The list of services that will be under reverse charge (more…)
The fitment of rates of services were discussed on 19 May 2017 during the 14th GST Council meeting held at Srinagar, Jammu & Kashmir. The Council has broadly approved the GST rates for services at Nil, 5%, 12%, 18% and 28% as listed below. The information is being uploaded immediately after the GST Council’s decision (more…)
As you must be aware requirement of way bill is going to come in new way under GST.
GST council is planning to implement waybill requirement under more structured manner to ensure goods movement tracking..
Below are the important point under GST E-way bill (more…)
We saw GST valuation general rules in previous article now we will wee special valuation rule for Pure agent.
1. Value of supply of goods or services where the consideration is not wholly in money:
Under GST regime Input Credit available for GST payment will be smooth but will have few conditions and restrictions as in existing Cenvat rule.
Below are few area where GST input is either conditional or (more…)
As Goods and service tax is set to be launched on july 1st, It is important to note that who are required to get registration under GST before the appointment date i.e.1st July 2017.
Below are list of person category who are required to get themselves registered under GST regime. (more…)
Introduction of GST would be a very significant step in the field of indirect tax reforms in India. By amalgamating a large number of Central and State taxes into a single tax and allowing set-off of prior-stage taxes, it would Read more…
India is a federal country where both the Center and the States have been assigned the powers to levy and collect taxes through appropriate legislation.Dual GST gives the same legal and systematic approach for the country to collect the tax. (more…)
GST Bills will deal with Central GST on supplies (Goods and services), Integrated GST for regulating transaction between two states, GST rules for union territory and rules for compensation that will issued by Central to respective states for loss of revenue due to implementation of GST.
With time coming closer to implement GST laws, finance ministry has finally published Draft Invoice rules for GST and Draft Invoicing format under GST laws. Original Text of Draft are as follow: DRAFT GOODS AND SERVICES TAX – INVOICE RULES, Read more…
The schedule of the enrollment activation drive for states is given below. We encourage you to complete the enrollment during the specified dates. However, the window will be open till 31/01/2017 for those who miss the chance. (more…)
GST Council of India on Thursday, 3rd November 2016 decided the Four-tier GST tax structure of 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an Read more…
Following driving principles will be considered while framing Place of Supply rules: Difference rules for Business to Business (B2B) and Business to Customer (B2C). For business to business provision of service place of provision should be place of official place Read more…
A. Present Tax model for Provision of Service B. Example of Within state provision of service under GST Model C. Example of Inter- state provision of service under GST Model *Note-1 : Centre will pay to Delhi ₹ 9.9 for Read more…
A. Current Tax Structure for within state Sale of Goods: • Total Revenue to Government (center and state combined) will be ₹ 24.31/- • Price paid by ultimate customer will ₹ 146/- B. Tax structure under GST Model for Read more…
Finance Ministry released today FAQ on GST along with working models on Dual GST Intra & Inter State. Dated : 3rd August, 2016 Question 1. What is GST? How does it work? Answer: GST is one indirect tax for the Read more…
When the Bill is passed today, we will prepare for the next stage of the debate, which is the Central GST Bill. I want an assurance that when that bill is brought, that will be brought as a Financial Bill Read more…
Constitution (122nd Amendment) Bill has been introduced in the 16th Lok Sabha on 19.12.2014. The Bill provides for a levy of GST on supply of all goods or services except for the specified goods. The tax shall be levied as Read more…
Center-State Fiscal Power: Currently, fiscal powers between the Centre and the States are clearly demarcated in the Constitution The Centre has the powers to levy tax on the manufacture of goods (except alcoholic liquor for human consumption, opium, narcotics etc.) Read more…
With GST active in business arena, followings are the expectation of the businesses from it:Government is expecting following list of benefits from GST: Simpler Tax system across nation. Broadening tax Base with reduced exemption. Better co-ordination between state and center to check evasion and administration. Better tax compliance & Growth in revenue collections. IT Read more…
Benefits of GST to economy and business in number of ways: Reduction in cascading and double taxation Reduction in multiplicity of taxes. Neutralize taxes especially for exports. GST will promote Development of common national market. Simplified tax structure by: 1) Reduced Read more…
The salient features of GST are as under: GST would be applicable on supply of goods or services as against the present concept of tax on the manufacture of goods or on sale of goods or on provision of services. Read more…
Present Tax Structure in India for Indirect Taxes Proposed Indirect Tax system after GST Introduction of GST The introduction of Goods and Services Tax (GST) would be a very significant step in the field of indirect tax reforms in India. Read more…
Effective communication skills are essential for exceptional leaders because they allow them to effectively convey their ideas, thoughts, and expectations to others, and to build strong relationships and trust. This includes the ability to communicate clearly and effectively through speaking, writing, and nonverbal cues, as well as the ability to actively listen and show empathy towards others. Strong communication skills allow exceptional leaders to effectively lead and manage others, and to create a positive and inclusive work environment.
emotional intelligence is a key characteristic of exceptional leaders. It allows them to effectively lead and inspire their team, and it is a skill that can be developed and improved upon through self-awareness, self-regulation, and practice.
Integrity is what helps exceptional leaders build strong, trusting relationships with their team and stakeholders. It is a crucial element of effective leadership, and one that is essential for building a positive, productive work environment. Read more.
In conclusion, having a vision is a crucial aspect of being an exceptional leader. It allows leaders to set a clear direction for their team and inspires them to work towards a common goal. An exceptional leader's vision should be bold, achievable, and inspire those around them to strive for excellence.
Exceptional leaders have a clear vision and are able to inspire and motivate others to work towards it. They possess integrity and are honest and transparent in their actions. They have high emotional intelligence and are able to build strong relationships. They are adaptable and able to change course as needed. And they have excellent communication skills and are able to effectively convey their vision and expectations to their team.
How to file a complaint in RERA? Fighting against a developer for your valuable properties has been now made easy and convenient. The Supreme court has ruled that buyers are free to select the legal remedies available for them Read more…
TRESPASSING : Trespassing means crossing or entering into the land or property without the consent or permission of the owner. It is a criminal offense unless you have a lawful reason to cross the boundary. There are 3 types of Read more…
What is cryptocurrency? Cryptocurrency or crypto is a digital currency and works as a medium of exchange where one can buy, sell or trade currencies securely. Cryptocurrency does not exist in physical form, it is basically an online medium of Read more…
What is SSD? SSD stands for a solid-state drive. It is basically a storage device where you can store your personal data. SSD is a type of secondary storage. In a computer, SSD also stores operating system code, frameworks, and Read more…
SENSEX: Sensex is a stock market index. Sensex is comprised of 30 financially sound and established companies listed on BSE( Bombay stock exchange) NIFTY: Read more…
#India has updated its #Covid-19 guidance for #international air arrivals and added countries to the “countries at-risk” list. Read all the Key points before your trip to airport.
AMOLED: Amoled display is a display technology invented by Samsung . In an AMOLED display both the backlight of the screen and the screen itself are LED. The word AMOLED stands for ‘Active Matrix Organic Light Emitting Diode’. RETINA: Read more…
LED: LED is a displays type in which source of light is ‘Light emitting diodes’ and LEDs are placed closely on circuit board to each other to produce vibrant display colours. LED provide more flexibility in display to electronic devices Read more…
SUKANYA SAMRIDDHI YOJANA ‘SUKANYA SAMRIDDHI YOJANA’ is an Indian Government-backed saving account scheme. This scheme allows the parents of the girl child to make their child’s future bright. Parents can build or save money into this account for their Read more…