Major 12 changes that may impact your life from July 1 July 1 is set to enter into history books, and not just for the Goods and Services Tax (GST). A number of other major changes will happen from this date. List of changes that may effect your life from July 1: No filing of […]
Do Mutual Funds investors need to alter their portfolio before GST ? India’s tryst with the Goods and Services Tax (GST) on July 1 is making some mutual fund investors nervous. They have been asking their advisors whether they should recast their mutual fund portfolio. According to mutual fund advisors, investors should not tinker with […]
LLP registration in India The whole idea of Limited Liability Partnership (LLP) is very common in India. This specific partnership pinpoints the fact that some partners in a partnership may have limited liabilities. Importantly, under LLP one partner is not responsible or liable for another partner’s misconduct or in any negligence. One can definitely say, […]
How GST complicates the employee – employer relationship “How would you treat a car given to employees for their use under GST (goods and services tax)?” a tax head of a car company asked me.
Assessments under GST Type of Assessment Self Assessment Provisional Assessment Scrutiny Assessment Summary Assessment in special cases Assessment of Non Filers of return Assessment of unregistered Dealer