If Statutory Audit is exempted then there will be no check on business transactions and such exemption will lead to an emergence of spurious companies within MSMCs.
Listed in this article, are some of the suggestions given by a CAclubindia member - CA Rohit Kapoor to the Committee for Review of Education and Training (CRET) that has been set up by ICAI.
This article throws light on the highlights of the important provisions announced under the Union Budget 2021, presented in the parliament on 1st February 2021...
Tabular Presentation of some of the most asked questions regarding TCS on goods u/s 206C (1H) w.e.f 1st October 2020.
Know the GST compliances to meet in the month of September 2020.
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually. The Gross Domestic Product measures the value of economic activity within a country
The government has launched form GSTR 2B for the Input Tax Credit. The form will help the government as well as the assessees in matching the input and output of ITC in forms GSTR 3B, GSTR-1, and GSTR 2A, accordingly.
In 39th GST Council meeting held on 14th March 2020 it was proposed that as a measure for Trade Facilitation Interest for delay in payment of GST to be charged on the net cash tax liability w.e.f. 01.07.2017 (Law to be amended retrospectively).
Aadhaar verification or Physical verification of premises mandatory for GST registration from 21.08.2020 as per Notification 62/2020
As CA Final Exams have been postponed again for the second time and now exams would commence from 29th July 2020 and I have received lot of requests to share a suggested study planner as students are not able to focus due to negativity around.