Download 151 Land Mark Judgements of The Supreme Court
The All India Federation of Tax Practitioners (AIFTP) and other leading professional organizations have issued a publication containing 151 land Mark judgements of the Hon’ble Supreme Court of India.
Transfer of PPF account from post office to Bank
I have my PPF account in Post office but want to shift it to Bank where I have my Saving Bank account, can I do it?
How to transfer money to NRE account from USA?
How to transfer money to NRE account? How to transfer money to NRE account from USA? These are common questions many NRIs have. There are several ways in which you can transfer money to a NRE account from abroad. The money is deposited in Indian rupees.
Another question you may have is- can I deposit money in NRE account from India? You cannot transfer money to a NRE account from a savings account in India. However, you can transfer money from NRO to NRE account. You can also transfer money from one NRE account to another.
Do I need to pay tax on income earned on gift amount?
I have received Rs.15 lakhs from my father who is filing his income tax Return (ITR) regularly and paying tax on his income. Money so received was invested somewhere and earned an interest income around Rs.2,25,000/-.Do I have to show such amount (i.e. Rs.15 lakhs) in my ITR?Do I need to discloses & file my ITR for interest if don't have any other income except interest, I understand that income up to Rs.2,50,000/- is not taxable.
GST Council Meeting Updates
Recommendations of the 42nd GST Council Meeting
The42nd GST Council meeting
has been held through video conferencing under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman. The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States & UTs and senior officers of the Ministry of Finance& States/ UTs.The GST Council has made the following recommendations:
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