Any land used for agricultural purpose shall be treated as agricultural land. It can be situated in rural area or urban area.
Author: NEHA GOYAL
GST legislation enters the final lap
NDA government is poised to introduce the last batch of GST legislations this week in Lok Sabha, probably as early as Monday.
CBEC to be renamed, reorganised for GST regime
The Central Board of Excise and Customs (CBEC) will be reorganised for the implementation of the Goods and Services Tax (GST) regime and will be renamed the Central Board of Indirect Taxes and Customs (CBIC).
GST- Alarming Your Business to Reconfigure
Transition to GST will require companies to reconfigure their inventory valuation or asset capitalization or expense recording rules
Working Groups set Up By CBEC For Addressing GST Issues
Ten working groups have been set up to address issues related to banking, financial services and insurance sector, telecommunication, MSME and government services.
Government removes 1% tax on cash purchase above Rs 2 lakh
The government today removed the 1% tax on cash purchases above Rs 2 lakh, after putting a limit on transactions.
GST- What Going to Effect FMCG Industries
Fast moving consumer goods segment is the fourth largest sector in the Indian economy and the Food products is the largest consumption category in India
Aadhar to be made mandatory for filing I-T return, applying for PAN card
The government has proposed to make Aadhaar card mandatory for filing income tax return and also applying for permanent account number (PAN).
Get your food business registered under FSSAI
FSSAI License need for all kind of business whether it is manufacturer, retailer, distributor or warehousing.
Due Date Extended for filing online Quarterly DVAT Returns
DVAT department further extended the due date of filing return for Q-3, financial year 2016-17 till 31st March 2017.
Protect tobacco farmers’ interest in GST laws
Farmers’ body FAIFA asked Finance Minister Arun Jaitley to protect interests of Indian tobacco farmers while formulating GST laws.
Service contracts set to be renegotiated under GST
Some of the service contracts are set to be renegotiated under the goods and services tax (GST) framework.
Soon, you could withdraw up to 90% from PF account to buy your dream home
Government will amend EPF scheme to enable around 4 crore members of retirement fund body EPFO to withdraw up to 90 per cent of their fund for making down payments while buying homes
GST-Time of Supply of Services
GST implementation is rapidly moving forward with the government adhering to its self- imposed deadlines. we are going to discuss the GST provisions for “Time of Supply of Services”