Service Tax not payable when single transaction value is below INR 2,000/- paid through card Notification Number 52/2016 – Service Tax dated 8th December, 2016 has been issued to add new entry number 64 to the mega exemption notification number 25/2012-Service Tax. The notification is coming into effect from 08th December, 2016.
CREDIT NOTE AND DEBIT NOTE UNDER GST Credit Note As per section 2(35) read with section 24(1) of model GST law, where a tax invoice has been issued for supply of any goods and/or services and the taxable value and/or tax charged in that a tax invoice is found to exceed the taxable value and/or […]
Year-end special: Invest in smallcap mutual funds with a long-term view Several top-performing smallcap mutual fund schemes rewarded investors handsomely in 2016. Their impressive performance was against the backdrop of many doomsday predictions for the sector. Many market pundits have been predicting a sharp correction in smallcap stocks for a while now
RBI Policy: Invest in short-term debt mutual funds The Reserve Bank of India (RBI) has surprised the money market by maintaining status quo on key rates in its policy review. Most bankers were expecting a rate cut of 25-50 basis points (100 basis points = 1 per cent). Against this backdrop, what should be your […]
Current Scenario of Indian Education System Every creature on this planet is actively engaged in their life race, starting from the fulfillment of their day-to-day requirements to their aim of achieving the so-called lifetime goals, and we human beings are no exception to that. India, the second most populated country in the world with 125 […]