Un-denatured extra neutral alcohol / rectified spirit used for manufacture of alcoholic liquor, for human consumption is kept out of the ambit of GST Law.
by Lavanya 
Have you ever thought it’s secure to hold gold in your home and cost-effective to store gold in a bank locker…!!!
by Lavanya 
During today’s pre-election budget proposed for the financial year 2024-25, it is to be noted that there are no significant amendments.
by Lavanya 
The CBIC has notified that all the GST related amendments introduced vide Finance Act, 2023 shall be effective from 01.10.2023. Few of the important amendments introduced are as follows
by Lavanya 
Finance Bill, 2023 Summary of Amendments – DIRECT TAXATION Individuals: No change in old tax regime New tax regime is the default tax regime. However, individuals are free to change to old tax regime, which is same as last year. Rebate under New Tax Regime increased from INR 12,500 to INR 25,000 (If total income …
by Lavanya 
An invoice is a commercial instrument issued by a supplier of goods/services to a recipient. It not only identifies both the parties involved, but also lists, describes the items sold/services supplied, quantifies the items sold, shows the date of shipment and mode of transport, prices, and discounts if any, and the delivery and payment terms …
by MSAadmin 
In the Union Budget 2018, there has been a clear effort to empower rural economy by providing support to agriculture and boosting infrastructure and social sectors. Reduced tax burden for senior citizens has been met with great cheer and is a good step. Populist demand of tax benefits to individual taxpayers has been given a …
by MSAadmin