While doing Investment Diversification is important We have heard many a times that one should have a Diversified investment. But “why” and “how” is the question we all have.
GST: DISTORTIONS TO BE COUNTER PRODUCTIVE The three day meeting of GST Council scheduled from 18th to 20th October, 2016 ended in two days only with a resolve to meet again on 3-4 November and then on 9-10 November, 2016 to discuss rate stricture and draft GST law respectively. The winter session of Parliament has […]
Tax ReturnPreparar(TRP) Under ‘GST’ Law Section 34(1) of the model Goods and Services Tax Act, 2016 (‘Act’ for short) provides that the appropriate Government may prescribe the manner of approval of Tax Return preparers, their eligibility conditions, duties and obligations as may be relevant for their functioning as a Tax Return Preparer.
How GST effect on Small Traders and Startups The GST will have an impact on Small Traders and Startups of the nation. If you are in confusion whether the Goods and Service Tax (GST) is necessary for you or not, then I will make you clear about it. After gaining presidential assent on September 8, […]
CONVERSION OF A FIRM INTO LLP Section 55 of the Limited Liability Partnership Act, 2008 (‘Act’ for short) provides for the conversion of a firm into llp from firm into limited liability partnership (‘LLP’ for short). Section 55 provides that a firm may converted into a LLP in accordance with the provisions of Chapter X […]