Taxability of Gift received by an individual or HUF It is important to note that such gifts received could have tax implications in the hands of the recipient; therefore, one needs to exercise caution so that he is not caught unawares.
Accounting treatment of CENVAT refund notification no 187/6/2015 In order to support the survival of exporter of services in international market and for the growth Indian economy, the Central Board of Excise and Custom department has provided the facility of refund of CENVAT credit under rule 5 of CENVAT credit rules, 2004.
Implementation of GST to attract more FDI ‘Around seventy two per cent respondents felt investments can rise across sectors and a big portion of this can are available the shape of FDI.
Impact of GST on Real Estate Sector GST is that the tax that amalgamates numerous Central and state taxes into one that aims to make a typical market in Republic of India , additionally avoids paying tax in multiple stages.
India, EFTA talks on planned FTA to resume this month The last spherical of negotiations was control in November 2013 and thenceforth the negotiations have remained suspended.