The Budget 2019-20 (Released on 5th July 2019) Product description Budget Highlights Finance Minster’s Speech Finance (No. 2) Bill 2019 Price Rs 240 Click here to buy online Paperback: 188 pages Publisher: Taxmann; 2019 Edition edition (2019) Language: English Other New GST and Tax Books
Tax on Cash withdrawal from bank : Budget 2019-20 I TaxHeal TDS on cash withdrawal from banks: In order to discourage large amount of cash withdrawal from bank accounts, it is proposed to provide for tax deduction at source at the rate of 2% on cash withdrawal by a person in excess of Rs. 1… Read More »
10 Amendments in GST Law Coming Soon FY 2019-20 I TaxHeal
Ministry of Finance GST processes further simplified; businesses with less than Rs. 5 crore annual turnover to file quarterly GST returns; threshold for goods supplier to be enhanced from Rs. 20 lakhs to Rs. 40 lakhs Sabka Vishwas Legacy Dispute Resolution Scheme to resolve litigations involving more than Rs. 3.75 Lakh Crore of pre-GST regime… Read More »
Government to consider issuing Aadhaar Card for NRIs with Indian Passports Government to open four new Embassies in 2019-20 17 iconic Tourism Sites being developed into world class tourist destinations Indian Development Assistance Scheme (IDEAS) to be revamped Posted On: 05 JUL 2019 1:27PM by PIB Delhi The Union Finance Minister proposed to consider issuing… Read More »
Ministry of Finance Lower rate of 25 % Corporate Tax extended to companies with Annual Turnover up to Rs. 400 crore from earlier cap of upto Rs 250 crore Interchangeability of PAN and Aadhaar to file tax return proposed 2 % TDS on cash withdrawal exceeding Rs. 1 crore in a year from a bank… Read More »
Ministry of Finance Scheme of Fund for Upgradation and Regeneration of Traditional Industries (SFURTI) aims to set up more Common Facility Centres for generating sustained employment opportunities SFURTI envisions 100 new clusters in 2019-20 to help 50,000 artisans economically 10,000 new Farmer Producer Organizations to be formed to ensure economies of scale for farmers over… Read More »
Extension of Last Date for availing the benefit of Alternate Composition Scheme from 30.04.2019 to 31.07.2019 Posted On: 04 JUL 2019 7:26PM by PIB Delhi Vide notification No. 02/2019-Central Tax (Rate) dated 07.03.2019, as amended by notification No. 09/2019-Central Tax (Rate) dated 29.03.2019, an Alternate Composition Scheme has been made available to those suppliers of Services… Read More »