The finance minister uncovered that a reconsidered Customs Duty construction will be set up from October 1, 2021. On Monday, Union Finance Minister Nirmala Sitharaman made various key declarations relating to aberrant tax assessment while introducing the Union Budget 2021-22. Explaining on the endeavours to improve the GST, she guaranteed all the partners that it […]
Partnership Deed is a written document of rules and Regulations between individuals who wish to start a business and share profit and losses.Various terms such as asserts, admission of a new partner, salary, profit/loss percentage all are mentioned on it. The minimum age to become a partner and open a business is 18 […]
With the Introduction of this act, there were minor changes introduced on commercial rental income, the limit was 10 Lakh for commercial rental income, with the introduction of GST it raised to 20 lakhs. Since rent has been an important source of income for many and here so the implementation of GST on commercial rental property […]
A scheme in which money is collected from people and invested in various asserts, such schemes are called mutual funds. These. Funds are usually invested in financial securities like shares and money market instruments like certificate of deposit and bonds. Or in other words Mutual fund is like a trust pool where investor […]
A permit needed for inter-state and intra -state transportation of goods worth more than Rs.50,000, that permit is your e-way bill. Details of the recipient, the transporter and the consignor are mentioned on this electronically generated bill. From 1st April 2018 e-way bill was mandatory for inter-state supplies and for intra -state supplies e-way became mandatory […]
The Budget 2021-22 was presented by our Hon’ble Finance Minister Nirmala Sitharaman on the first day of February,2021 and for the first time the budget was all in a paperless format. The FM started presenting the budget at parliament at 11 Am on Tuesday.
