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 »
FM: Current Financial Year 2016-17 is not a conventional year as major reformative decisions have been taken; There is need for out of box thinking; Doesn’t see any serious challenges as far as structural changes are concerned. The Union Finance Minister Shri Arun Jaitley said that the current Financial Year 2016-17 is not a conventional… Read More »
Dealer Registration Mobile App 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 Apps section. 2. Tap the Play… Read More »
Government decides to provide the additional grace period of 60 days to farmers, whose crop loan dues fall due between 1st November, 2016 and 31st December, 2016 Following the recent demonetization of Specified Bank Notes (SBNs) the Government is seized of the constraints faced by the farming community in repayment of loan dues within the… Read More »