Definition of works contract service: Service tax under works contract services has been imposed on the service element involved in the works contracts. It should be noted that unlike VAT laws in various States service tax is applicable only on a fe ..
The following are the points are worthy to note before designing the good salary package to an employee. As said by someone, tax evasion is a crime but tax planning is inevitable Let us proceed to know how to save your salary from ..
Notification 18/2011 dated 1st March 2011 brought stringent provisions of service tax to get early revenue to the government by introducing Pont of Taxation Rules, 2011. The purpose of rule is to set out as to when service tax to be ..
Penny Saved is the Penny earned. Whenever a person sells any property, he has to pay income tax on the gain he earned. This gain is the difference between the sale ..
UPDATION ON GST GST is Indias most far reaching tax reform and aims to integrate the country into a common market by dismantling fiscal barriers between states. The introduction of GST is expected to lower the cost of doing business, whic ..
PENAL PROVISIONS UNDER THE HVAT ACT, 2003 By- B.R. Bhalla, Advocate ..
STUDY ON WORKS CONTRACT UNDER HARYANA VALUE ADDED TAX ACT BY RK JAIN ADVOCATE Works Contract is an agreement between contractor and contractee to transfer the moveable goods as per section 2(1) (zt). This includes the activities of assembling, c ..
Service Tax & Budget-2011 The Finance Minister presented the Union Budget 2011 amidst low expectations of any major indirect tax policy reforms due to lack of any concrete understanding between the Central Government and some of the State Gover ..
Service Tax & Budget-2011 The Finance Minister presented the Union Budget 2011 amidst low expectations of any major indirect tax policy reforms due to lack of any concrete understanding between the Central Government and some of the State Gov ..
Meaning of Remand:When an appellate court sends an appealed case back to the trial court for further action, the case is said to be remanded. This usually happens if the trial judge has made an error which requires a new trial or hearing. ..