In a major step towards curbing Black Money, Union Finance Minister Arun Jaitley introduced for many changes in Income Tax Laws in India.

The proposed section is envisaged to have a far-reaching effect on the transactions and so much that even withdrawal of money from the banks will also be under the tax net.

If you have been producing fake rent receipts to lessen your tax burden there is a bad news for you now.

The government has already taken several steps to promote digital payments and several other schemes launched by the government have paved the way to save more money.

GST is expected to be implemented from 01/07/2017. GST would apply to all goods and services except Alcohol for human consumption.

If you are contemplating to take up the tax matters at the last minute, there could be bad surprises in the offing.

Any land used for agricultural purpose shall be treated as agricultural land. It can be situated in rural area or urban area.

The tax proposals in the Budget 2017 have now become law. In addition, some amendments were also introduced in the Finance Bill that was passed by the Lok Sabha.

The composition scheme under the new GST regime extends an important benefit to all small traders.

Transition to GST will require companies to reconfigure their inventory valuation or asset capitalization or expense recording rules

Fast moving consumer goods segment is the fourth largest sector in the Indian economy and the Food products is the largest consumption category in India

Planning financial issues is not an easy task. Many people invest in a haphazard manner without a plan.

The government has proposed to make Aadhaar card mandatory for filing income tax return and also applying for permanent account number (PAN).

With hardly a fortnight left for the end of the financial year 2016-17, the March 31 deadline remains sacrosanct for several tax-related matters.

GST implementation is rapidly moving forward with the government adhering to its self- imposed deadlines. we are going to discuss the GST provisions for “Time of Supply of Services”