The buying and selling of second-hand goods will not attract Goods and Services Tax (GST) if sold at a price cheaper than the purchase price,
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
GST: Why being GST-compliant can actually increase your creditworthiness–16.07.2017
By Aditya Kumar Goods & Service tax aka GST, is often dreaded and misunderstood. The confusion simply does not seem to go away. In this
Bitcoins are business as usual in Bengaluru | Business Standard News–16.07.2017
There is nothing about Indiranagar, Bengaluru’s middle class suburb, to suggest subversion might be brewing here. Least of all at the Suryawanshi restaurant, an open-air
When danger lurks behind every file | Business Standard News–16.07.2017
It’s morning. You pick up your cuppa and head for the computer, which was set to download a torrent file of Wonder Woman before you
Portability can be tricky for older customers | Business Standard News–16.07.2017
The Insurance Regulatory and Development Authority of India (Irdai) had introduced health insurance portability guidelines in 2011 to enable customers to shift seamlessly between insurance
As call to boycott Chinese goods grows, shopkeepers say make in India first | Business Standard News–16.07.2017
Mumbai’s schoolchildren can teach China a lesson — that is what an association of school principals in the city believes. On Monday, July 10, it
Profit on resale of used and empty bottles to attract GST | Business Line–16.07.2017
Dealers in the business of old and used empty bottles will have to pay the Goods and Services Tax levy on second hand goods. The
‘Post-GST, the period of normalisation at check posts could be long’ | Business Line–16.07.2017
As the goods and services tax (GST) regime took off from July 1, implementation of the e-way bill provision will prove to be a tough
Non-performing loans: Government, RBI nudge banks to pursue one-time settlement to recover non-performing loans–Economic Times–15.07.2017
One-time settlement of dues by defaulters may rise in the next few months as banks’ aggressive move to recover loans and the Reserve Bank of
Indian economy: Trade deficit narrows to $13 billion in June–Economic Times–15.07.2017
India’s trade deficit narrowed in June after swelling to a 30-month high in May even as exports grew slowly in the month. Exports grew 4.39%,
Demonetisation: 5.5 lakh under I-T lens for deposits after note ban–Economic Times–15.07.2017
Over 5.5 lakh people who deposited cash during the demonetisation drive are set to get a call from the income tax department while another one
Guenter Butschek: Tata Motors MD Guenter Butschek writes impassioned letter to employees about the company’s crisis–15.07.2017
Butschek called the dismal growth of the company “not a hallmark of a leader.” MUMBAI/NEW DELHI: Tata MotorsBSE -1.42 % managing director Guenter Butschek has
Filing income tax return: Form 26AS: What is it and how does it help in filing income tax return?–Economic Times–15.07.2017
By Shalini Jain, Tax Partner, EY India What is Form 26AS Form 26AS is an annual consolidated tax statement that can be accessed from
A dark lesson from shining China–Economic Times–15.07.2017
For many of us in India — and, indeed, in the rest of the world — the Chinese economic story has been seen for what
Yes Bank gets $150 mn from OPIC to fund SME lending – The Financial Express–15.07.2017
Private sector Yes Bank has received $150 million funding from the US government and Wells Fargo to increase lending to support women entrepreneurs and small
Indian economy can get Rs 18 lakh cr boost from mobile apps – The Financial Express–15.07.2017
A 10% increase in India’s Internet traffic delivers on an average a 3.3% growth in the country’s GDP and a 10% increase in India’s mobile
GST to severely dent liquidity of exporters: FIEO – The Financial Express–15.07.2017
The initial procedural and software glitches of Goods and Services Tax have smoothen a lot, Calcutta Freight Brokers Association said today. “Initially, there were lot
CAIT for early passage of Consumer Protection Bill – The Financial Express–15.07.2017
“The passage of this bill is critical not only in terms of protection of consumer interests’ but also to differentiate between the roles and responsibilities
Fiscal deficit: Finance Ministry to decide on NK Singh panel report – The Financial Express–15.07.2017
The finance ministry will soon decide on the NK Singh panel’s recommendations on fiscal management, a senior official said on Thursday. The government will calibrate
Under Operation Clean Money II, 6.6 lakh more persons on I-T radar | Business Line–15.07.2017
In hot pursuit of black-money hoarders who may have made high-value cash deposits during the demonetisation window, the Income Tax Department has identified an additional
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