Govt. proposes to Lower Cash Transaction cap to 2 Lakh instead of 3 Lakh Rupees
Government today moved a fresh proposal to cap cash transactions at Rs 2 lakh instead of Rs 3 lakh as provided in the Union Budget, as it introduced...
Cenvat Credit cannot be denied on Ground of Non-Registration of Premises: Allahabad HC [Read Order]
In a recent decision, Commissioner Service Tax v. M/S Pangea 3 Legal Database Systems Pvt. Ltd, the division bench of the Allahabad High Court held that assessee can avail Cenvat credit in respect of...
Focus of the Budget is on Tax Compliance: Govt is committed to Honour the Honest Taxpayers, says CBDT Chairman
“The budget this year focuses on the clarity and certainty of the tax laws, while at the same time endeavoring to make the country more tax compliant and to honour the honest taxpayers. The focus...
Budget 2017: Securities Transaction Tax (STT) and Employee Stock Option Plans (ESOPs) may hit by new provisions
Budget 2017 brought some significant changes in the long-term capital gains tax. Till the announcement of Budget, there were speculations that the Government may withdraw some exemptions given to the...
