On March 24th, 2023, the Finance Amendment Bill was passed by the government. This bill is aimed at making changes to the existing financial laws in order to bring in more transparency and accountability, and to facilitate ease of doing business. The bill has been lauded by experts and industry leaders for its many benefits, which we will discuss in this article.
Amendments w.r.t. GST in the Finance Bill, 2023 passed by Lok Sabha
Sec 10(10D) provide exemption with respect to any sum received under a life insurance policy, including the sum allocated by way of bonus on such policy, where premium payable for any of the year during the tenure of the policy
As per Regulation 24A of SEBI (LODR) Regulation,2015 the Annual Secretarial Compliance report is applicable to all listed entities. This report is to be submitted by the listed entities to the stock exchange(s) within sixty days from end of the financial year.
I have given an attempt to draft a Forensic Audit Report with every care to ensure accuracy.
In this article, the author has highlighted 50+ GST checkpoints that one may consider for the financial year end, i.e. March 2023 as a safeguard.
TDS is applicable to various types of payments such as salaries, interest, rent, commission, professional fees, etc. The rate of TDS varies depending on the type of payment and the status of the recipient.
This post will go over five frequent blunders to steer clear of while purchasing health insurance.
FAQs | ICAI Know Your Member (KYM)
Deemed exports are an important provision under the GST law that aims to promote the export of goods and services from India. The procedure for deemed exports involves eligibility, tax invoice, certificate from the recipient, and refund/exemption of GST.