Today, I'd like to delve into a significant legal maxim, "Lex Non-Cogit Ad Impossibilia," which translates to "The law does not compel the impossible." This principle is deeply relevant in the context of India's Goods and Services Tax (GST) system, where the concept of Input Tax Credit (ITC) matching has been a persistent challenge.
In this article, we will delve into the complete procedure for recovering shares from IEPF.
In this article we aim to bring out the clarifications, applicable timelines and also way forward for taxpayers under GST.
Let's explore some down-to-earth tips that can help you boost your preparation. Let's dive in together.
E-commerce sellers are businesses or individuals who sell products or services online through various e-commerce platforms such as Amazon, Flipkart, eBay, etc. These sellers can be manufacturers, distributors, retailers, or even individuals who want to sell their products or services online.
GST Council in its 50th and 51st GST Council meetings recommended the substantial changes to the taxation landscape on the actionable claims supplied in Casinos, Horse racing and Online gaming,will be taxed @28% on full face value, irrespective of whether the activities are a game of skill or chance.
In the realm of financial governance and economic management, the simplification of the income tax system has always been a topic of paramount importance.
MSME stands for Micro, Small and Medium Enterprises. They are the backbone of the Indian economy, accounting for over 90% of the country’s industrial output and employing over 80% of the workforce.
Accounting is like the language of money that helps businesses understand their financial situation.
We invest money in the stock market with an intention of making more money out of it. But only a few can actually realise this profit out of their investments. This is due to the necessary precautions not being undertaken by the investors.