Manual processing of refund claims in detailed REFUND PROCEDURES UNDER EXPORT: Following are the Forms for Refund Procedures GST RFD – 01 Application for Refund GST RFD – 02 Acknowledgement for Application of Refund submitted GST RFD – 03 Deficiency Memo GST RFD – 04 Provisional Refund Order GST RFD – 05 Payment Advice GST […]
Private Banks raise MCLR after deposit rate hike – home/car loan expect to rise Borrowers should prepare more for their home and car loans in the months ahead as bank rates have changed course and are now on the way up. Private sector banks led by Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes […]
Unexplained deposits in focus The income-tax department will in all likelihood go into overdrive in the next three months with the Central Board of Direct Taxes — the apex body — alerting all senior tax officials that their performance is being “monitored at the highest level.” It will also give a renewed push towards imposing […]
GST – Invoices and other documents Bill of Supply under GST Issued by the registered person supplying exempted goods or services or both; and Suppliers opting for the composition levy Revised Invoice Issued by Register Person (not registered earlier) If Invoice/s issued before the issue of registration certificate Revised invoice to be issue form the […]
While taking term insurance people forget Important points A term insurance plan is critical in securing your family’s future. In case you’re unfamiliar with what a term insurance policy is and what exactly it does, here’s a quick explanation.