GST on Service Providers, Bloggers, Youtubers & Freelancers

GST is applicable in India from 1st July 2017 and it is also applicable to Bloggers, Youtubers, Service Providers and all other types of Freelancers and the rate of GST in such cases is 18%. There is no confusion regarding...

Read More
Impact of Lower Interest Rates & GST on Home Loan & Personal Loan

The interest rates in India are currently at multi-year lows as a result of which opting for a loan is getting cheaper and cheaper. The rates of interest on loans is so cheap that affording a house is no more...

Read More
Why are ULIPs good monthly investment option?

Do you know, you can enjoy numerous benefits by choosing ULIPs or Unit-Linked Insurance Plans as your monthly investment option? Let’s know how: 1.Power of compounding: As said by Albert Einstein, “Power of compounding is the 8th wonder of the world”....

Read More
Compliance Notice: Non-filing of ITR – Reasons and How to Respond

An Income Tax Return is mandatorily required to be filed if the Total Income is more than the minimum amount which is exempted from the levy of tax. In other words, it is compulsory to file an Income Tax Return...

Read More
IPCC Pass Percentage Nov 2018

The IPCC Nov 2018 Exam Results are expected to be announced on 8th Feb 2019 during the day. The IPCC Pass Percentage of Nov 2018 Exams would be announced after the announcement of Results. The Students who are not satisfied...

Read More
How & When to raise a GST Invoice –Explaining all Practical Scenarios

A GST Invoice is one of the most important documents in any transaction as it evidences the supply of goods or services and also mentions all relevant details regarding such supplies. Moreover, the GST Invoice is also a major indicator...

Read More
How to deal with Intimation under Section 143(1)(a) of Income Tax

As the name states, an Intimation under Section 143(1) is only an Intimation and not a Scrutiny/ Assessment Order. Intimation under Section 143(1) is an auto-generated letter by the computers of the Income Tax Department without any human interference. Intimation...

Read More
GST Input Tax Credit (ITC) – Explained with Examples

Input Tax Credit means claiming the credit of the GST paid on purchase of Goods and Services which are used for the furtherance of business. The Mechanism of Input Tax Credit is the backbone of GST and is one of...

Read More
GST Reverse Charge – Explained with 7 Examples and Infographics

GST Reverse Charge Mechanism (RCM) basically means that the GST is to be paid and deposited with the Govt by the recipient of Goods/ Services and not by the supplier of Goods/ Services. Under the normal mechanism of levy of...

Read More
Pass Percentage of CA Final Nov 2018 (Higher than May 2018)

CA Final Results of Nov 2018 were announced on 23rd Jan 2019. Post the declaration of Nov 2018 CA Final Results, the pass percentage and details of toppers were also released by ICAI and the same is shared below. The Students...

Read More