The service sector is the fastest and largest growing sector in India. India is among the top 10 service exporter countries having a 4.1% share in world commercial service exports in 2020. In the first half of the 2021-22 fiscal year service sector contributed more than 50% of the GDP of India and it is …
The list of Budget documents presented to the Parliament, besides the Finance Minister’s Budget Speech, is given below: with Easy Words CA in Gurgaon Annual Financial Statement (AFS) Demands for Grants (DG) Finance Bill Statements mandated under FRBM Act: i. Macro—Economic Framework Statement ii. Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement Expenditure Budget Receipt …
Continue reading “KEY TO BUDGET DOCUMENTS – BUDGET 2019-2020 .”
Income tax return (ITR) filling time has begun for financial Year 2021-22. All forms are open and utilities are available for individual, HUF and firm for which due date for filing ITR is 31.07.2022 make appointment CA in Gurgaon. Don’t wait till the due date and keep your all documents ready and handy. It will …
How to Revocation of Cancelled GST Registration. – CA in Gurgaon
Central Board of Direct tax (CBDT) has issued Standard Operating Procedure (SOP) for hading of cases related to cash deposit during the demonetisation period. Income tax official issued around 3 lakh notices under section 142(1) for filing of Income tax return of which around 87000 assessee has not complied the notices. SOP has clearly spelled …
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The economies that rank highest in the ease of doing business are those that have consistently well designed business regulation and Singapore is amongst the top 3 countries as per the report of Worldbank. Several Indian startups, although operating in India, have registered holding companies in Singapore to benefit from increased funding opportunities, business and …
Continue reading “Why Singapore is a Hub for Indian Startups?”
Real estate sector is one of the largest contributors to the national GDP and provides employment opportunity to large numbers of people. “Housing for All by 2022” envisions that every citizen would have a house and the urban areas would be free of slums. There are reports of slowdown in the sector and low off-take …
Continue reading “Recommendations of the 33rd GST Council meeting”
1. Meaning of Casual Taxable Person: “Casual taxable person” means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union territory where he has no fixed place of business. …
