How to invest the corpus across equity and fixed income assets in New Year When we have cash to invest and save, many investors often find themselves failing to decide which asset class to pick and how much allocation is to be made.Even seasoned investors often stumble, while trying to draw the best strategy to […]
Which digital payment method should we use ? Every Indian has only one thing on mind: choosing a safe,secure, convenient and cashless digital payment option. Currently available cashless payment systems include credit/debit cards, ewallets such as Paytm, Unified Payment Interface (UPI), IMPS, USSD, RTGS, and NEFT.
Composition Tax under GST law Revised GST Law under Section -9 provides that small taxpayer can opt for the scheme of composition tax instead of opting for paying tax under the regular supply of goods.
Composition scheme under Model GST Law and its impact on construction. The New Model GST Law ( hence forth “MGL”) as made available on public domain as on 26th November 2016 have bring out many changes with respect to the provisons with respect to composition levy.
AGGREGATE TURNOVER UNDER GST Scope of ‘aggregate turnover’ [Section 2(6)] As per section 2(6) of the Model GST Act, ‘aggregate turnover’ shall be total of the following amounts or sums in relation to a person carrying on business, i.e., aggregate of the following–