Service Tax not payable when single transaction value is below INR 2,000/- paid through card

Service Tax not payable when single transaction value is below INR 2,000/- paid through card 
Notification Number 52/2016 – Service Tax dated 8th December, 2016 has been issued to add new entry number 64 to

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CREDIT NOTE AND DEBIT NOTE UNDER GST

CREDIT NOTE AND DEBIT NOTE UNDER GST
Credit Note
As per section 2(35) read with section 24(1) of model GST law, where a tax invoice has been issued for supply of any goods and/or services

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Year-end special: Invest in smallcap mutual funds with a long-term view

Year-end special: Invest in smallcap mutual funds with a long-term view

Several top-performing smallcap mutual fund schemes rewarded investors handsomely in 2016. Their impressive performance was against the backdrop of many doomsday predictions for

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RBI Policy: Invest in short-term debt mutual funds

RBI Policy: Invest in short-term debt mutual funds
The Reserve Bank of India (RBI) has surprised the money market by maintaining status quo on key rates in its policy review. Most bankers were expecting a

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What is Bill of Supply

What is Bill of Supply
As per proviso to section 23 of Model GST Law a registered taxable person supplying non-taxable goods and/or services or paying tax under the provisions of section 8 in relation

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Current Scenario of Indian Education System

Current Scenario of Indian Education System
Every creature on this planet is actively engaged in their own life race, starting from fulfilment of their day to day requirements till their aim of achieving the so

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