Are Builders liable to Service Tax on Construction of Complex? Is there any service tax liability on builders in relation to construction of complex or the service is completely exempt?
GST on Electronic Commerce The Goods & Service Tax (GST) Bill proposes to bring e-commerce entities within the GST net to collect tax at source for all suppliers as well as file a monthly statement of transactions with every supplier. A brief note on the compliance on e-commerce operators is as under:
Bird eye view of the GST Act Everyone is awaiting what would be outcome of Constitutional Amendment Bill in the impending monsoon session. But the government seems to be very keen to introduce the GST from next financial year. After issuing Joint Committee Reports on registration, refund, tax payment and filing of return last month, […]
Bonus Shares – A Shareholders Right Every shareholder across various companies would dream for is receipt of bonus shares. The word ‘bonus’ has a very positive connotation, implying something extra or some gains at no cost. Issue of bonus shares is the most popular way by which companies like to utilize their large accumulated reserves.
Profession Tax Enrollment Amnesty Scheme 2016 The Maharashtra State Tax on Professions, Trades, Calling and Employment Act, 1975 (Profession Tax Act) is implemented with effect from 1st April, 1975. Under this act, every self employed person engaged in any profession, trade, callings and employment in the state of Maharashtra is required to obtain Enrollment certificate […]