Cashback on shopping could be taxable!

Cashback on shopping could be taxable! In festive season, Cash backs offered by e-shopping websites to attract customers.  But this year, Mr. Sharma is a little hesitant in buying anything from these websites. Last year, he bought a smartphone, laptop, refrigerator, AC, and TV for his new house from one of the e-commerce websites. He […]

Export Promotion Schemes Features – DGFT

Export Promotion Schemes Features – DGFT The office of the Director General of Foreign Trade is situated in New Delhi; the said authority is responsible for the execution of the Foreign Trade policy of the Government of India. Export promotion schemes under Foreign Trade Policy provides promotional measures to boost India’s exports with the objective […]

Mutual fund investors worry about elections?

Mutual fund investors worry about elections? The general election is not far away, but some investors are really concerned about it. So Many views are comings from advisers and managers with more strategy about elections.which are confusing  and managers with “Now the question is What investment strategy should follow and ahead of the elections for our […]

Withdrawal rules of provident fund account

Withdrawal rules of provident fund account Provident Fund is a product which helps salaried people to accumulate funds while they are earning for the period the income flow stops. So generally it is not supposed to be withdrawn before its maturity and jeopardise one’s retirement. However there are circumstances when resorting to the money accumulated […]

What About carry forwarding of CESS credit into GST

What About carry forwarding of CESS credit into GST The common observation of the department during the transitional credit verification is that the closing credit balance of the Education Cess, Secondary and higher Education Cess, Krishi Kalyan cess (herein after referred as ‘Cess credit’ for brevity) is not eligible for the transfer into GST.