Purchase only from Registered Dealer under GST Consider the following scenario under GST. A registered dealer and an unregistered dealer sell the same goods as follows: Seller Registered Dealer (X) Unregistered Dealer (Y) Value of Goods 100 105 GST @ 12% 12 NIL Total 112 105 The question is whom should a buyer (A) Registered… Read More »
Board exams for Class X are set to become compulsory for all CBSE students from 2018, three language formula could be extended till Class X and foreign language might be treated as fourth and “elective”, according to decisions taken by the CBSE today. At the meeting of CBSE’s Governing body, its members “unanimously” agreed that… Read More »
CBSE Affiliated School- Extension of Teacher retirement only if National Awardee Earlier the CBSE teacher was required to retire after 65 years if he/she was recipient of National/ State/CBSE teacher award .But now he will be considered for further extension of two years after attaining age of 60 years only if he/she is recipient of… Read More »
Central Board of Secondary Examination CBSE/SECY/SPS/2016/ December 10, 2016 Subject: Promotion of cashless transactions in the CBSE affiliated schools The benefits of cashless transactions are enormous and the CBSE has introduced e-payment facilities for collection of fee for examination, affiliation and various activities including payments to its examination functionaries. The Board has been directing its… Read More »
User Manual – Taxpayers for Dealer Registration App – GST 1. How can I download and install the Dealer Registration App on my mobile phone from Google Play Store? To install and download the Dealer Registration App Android version from Google Play store, perform the following steps: 1. On your mobile device, go to the… Read More »
Government plans to set a threshold criteria for political parties to enjoy tax exemptions to check money laundering by outfits that do not contest elections, Finance Minister Arun Jaitley said today. He said the Revenue Secretary has been asked to look into the issue in the wake of Election Commission’s recommendations in this regard. Jaitley’s… Read More »
Measures for Promoting Digital Payments & Creation of Less-Cash Economy: Benefit of lower rate of Income Tax on digital turnover for small businesses. The benefit of lower rate of Income-tax on digital turnover for small businesses up to a turnover of Rs.2,00,000,00 (Rupees Two Crore), announced by the Government yesterday under Section 44AD of the… Read More »