Come July 1 and leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the Goods and Services Tax.Sale of land and buildings will be however out of the purview of GST, the new indirect tax regime. Such transactions will continue to attract the stamp duty, … Continue reading Land Leasing, Renting To Attract GST From July 1
If you are not already registered your business under GST otherwise you are a replacement business and don't have a VAT or service tax or excise registration, you'll be troubled regarding the way to move this. It is wide famed that GST registration is necessary once combination turnover exceeds Rs twenty 100000 (Rs 10lakh for … Continue reading Registration For GST Reopens On June
The union budget for 2017 is expected to be unique in many ways. For the first time. The budget is planned to be presented In the parliament on 1 February as compared to the regular practice of presenting it on the last day of February. Defying the age old tradition, the initivative of presenting the … Continue reading Hope Budget Brings Cheer To The Honest taxpayers.
Even as the contours of the GST remain fluid, the Delhi government has eased the procedure for grant of registration to fresh applications to encourage more traders to contribute towards its kitty of Value Added Tax (VAT). Guidelines eased: In circular issued on Friday, The department of trade and taxes said that applicant dealers would … Continue reading Traders Promised Registration In One Day
We all know that running a business successfully is not a child’s play as there are so many activities need to be managed in a synchronized manner in order to expect fruitful results. People who take care of all activities achieve success at later stages while others will suffer the consequences like unit shutdown in … Continue reading Tips to Incorporate a New Business in India