GST 2016

Change in the shareholding pattern of GSTN

The Goods and Services Tax Network - Special Purpose Vehicle (GSTN-SPV) was created as a private limited, not-for-profit company under Section 25 of the Companies Act, 1956 (Section 8 of the Companies Act, 2013) by Govt. of India on 28th March, 2013 with an objective to provide shared IT infrastructure and services to Centre and States Governments, tax payers and other stakeholders .

By whatsq, ago
Finance

Tax Exemption to startup, exmeption us Sec80-IAC, eligibility ,definition for Forms for application 80IAC and 56(2)(viib) of Income-tax Act, 1961

To promote new startup and make in India, government has taken several initiative to give benefit to startup and attract fresh fund in startup business. Hereby we are trying to consolidate all the provision that provide exemption to startups under section 80-IAC, We will see who the eligible startup as Read more…

By whatsq, ago
GST 2016

Employee and Employer relation in GST

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) suggest that law makers have addressed several issues under existing Read more…

By whatsq, ago