7 Reasons Why You Shouldn’t Ignore GST Impact on Vendor Management
GST is not a tax reform but a business reform- I am sure you must have heard or read this statement many times in the last one year. GST will change the way business decisions are made regarding vendors selection... Read More →
5 Major Impacts of GST on E-Commerce Industry!
However, going through the finer print of CGST Bill, it seems that though the e-commerce industry will have clarity regarding taxability but at the same time it will be burdened with huge tax compliances. In this video about “5 Major... Read More →
5 Major Changes Related to Intrenational Taxation
In the Union Budget ‘2017, many provisions related to International Taxation has been introduced or amended. In this 13 minutes video, I’ll explain 5 major changes related to International Taxation in Union Budget’2017, which you must know so that you... Read More →
10 Things Most People Don’t Know About Impact of GST on Service Sector
The major impact of GST is going to be on Service Sector in terms of compliances. Presently, a company in service sector is filing only 2 tax returns in a year on half yearly basis. This number remains same even... Read More →
Finance Bill 2017 A Crisp Analysis of Income Tax Provisions by Blue Consulting
Corporate tax for domestic companies having turnover up to INR 50 crore has been reduced from 30% to 25%. Period for claiming deduction for start up increased.Provision of “Secondary Adjustment” introduced in Transfer Pricing. Interest deduction restricted to 30% of... Read More →
Newsletter August’2016: Important Circulars & Notifications
Salary of employees pursuant to a secondment agreement is not subject to TDS in the assessed’s hands. Transactions to be entered at an Arm Length’s Price irrespective of the profit or loss yielded. Updates on GST. Service-tax billed on rendering... Read More →
Newsletter September’2016: Important Circulars & Notifications
Seven districts in Andra Pradesh notified for availing Tax incentives. Service Tax Return to be filed in Amended Form ST 3 by 25th October, 2016. Apex Indirect tax body ‘CBEC’ to be renamed as ‘Central Board of Indirect Taxes’(CBIT). Ratification... Read More →
Newsletter October’2016: Important Circulars & Notifications
Section 14A cannot be invoked if there is no regular activity in respect of Investment. Addition for mere appearing of TDS credit in form 26AS not justified. Allowance of Chapter VI-A Deduction on enhanced Profits. Judgment of Delhi high court... Read More →
GST Registration – A whitepaper by Blue Consulting
Provisional registration process for Goods & Service Tax (GST) has already been kicked off by GSTN on it’s portal (www.gst.gov.in). In this backdrop, we have researched and compiled this whitepaper to walk you through with complete registration process under the... Read More →
Important Circulars & Notifications- Nov’ 2016
ICAI’s FAQ on the presentation of Dividend Distribution Tax as per Ind AS. Disallowance by AO is justified even without formally recording his dissatisfaction with assessed’s working. Service Tax on cross-border B2C Online services. Revised Model GST Law released. India-Japan... Read More →