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The GST Council has notified that guarantees provided by corporates to their subsidiaries will attract an 18 per cent GST, while no tax will be levied if a personal guarantee is given by a director to the company.The council has also cut the GST rate on molasses to 5 per cent from 28 per cent. The reduction in GST on molasses will benefit sugarcane farmers and enable their dues to be cleared faster because more money will be left in the hands of the mills.
The term ‘Previous year’ is defined under which section of Income Tax Act?
Any decrease in the bank balance is recorded on ______ side of Cash Book and in _______ Column of Pass Book.
What is the due date for filing GSTR-9, the annual return, as per GST law?
The following information is available about CrismsonCoporation. Study it carefully to calculate the basic EPS for the year ended Marc,31, 2015.
When was the Government e-Marketplace (GeM) launched in India?
Calculate debt to total assets ratio of the company?
An entry with more than one debit or credit is known as
What type of banking transaction allows customers to invest in a diverse portfolio of stocks, bonds, and other securities?
In the proposed budget (2017-2018), presumptive budget increased to: