Daily Archives: February 22, 2020

GST Rate on Lottery 28% :Notification No 1/2020 Central Tax (Rate)

By | February 22, 2020
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CBIC has notified the uniform rate of 28% under GST for lottery which will be effective from March 1, 2020. Now, there is no distinction for lottery authorized by State Governments and lottery run by State Governments for the purpose of taxability and, hence, standard rate of 28% shall apply. Seeks to amend notification No.… Read More »

Bank Audit-A Practical Guide for Bank Auditors (5th Edition 2020) 

By | February 22, 2020
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Bank Audit-A Practical Guide for Bank Auditors (5th Edition 2020) Paperback – 21 Feb 2020 by CA Anil K. Saxena (Author) Incorporating: Practical FAQs covering the entire gamut of Branch Audits Revised Guidance on Agriculture loans with practical templates Checklist on verification of Branch Capital Adequacy Returns Pre Sign off Checklist for signing partners Practical guidance on NPAs Comprehensive… Read More »