Bizsol Thinkline

Article on “GST – Good & Simple Tax – Reality Check?” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd. ( March 2022)

Implementation of Goods & Service Tax (GST) w.e.f. 1st July 2017 is one of the historic moments in the Indian Economic history. When draft GST Law was prepared and thereafter in the manner GST was supposed to be made Good & Simple Tax, we need to have the reality check, whether implementor of GST, GST …

Article on “GST – Good & Simple Tax – Reality Check?” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd. ( March 2022) Read More »

‘Transformation of Bizsol’ by CA Manoj Behede, Director, Bizsolindia Services Pvt. Ltd.(January 2022)

It’s like a Dream come true for me. In 1997, it was a mea- gre beginning to provide all services under one stop re- lated to all laws. The idea was to provide all services under one umbrella and with a deep understanding of law and experience of operations, we could get associated with big …

‘Transformation of Bizsol’ by CA Manoj Behede, Director, Bizsolindia Services Pvt. Ltd.(January 2022) Read More »

‘Sense of Accomplishment & Vision towards Golden Jubilee…. ‘ by CMA Ashok Nawal, Founder, Bizszolindia Services Pvt Ltd (January 2022)

When I recall my days when I discussed to start the consultancy with difference providing the services w.r.t. Foreign Trade Policy, Direct Tax, Indirect Tax, FEMA & all related services and not limiting to only advise but also undertaking the implementation with concept of accountability. Thereafter, not only I got the green signal from my …

‘Sense of Accomplishment & Vision towards Golden Jubilee…. ‘ by CMA Ashok Nawal, Founder, Bizszolindia Services Pvt Ltd (January 2022) Read More »

‘A TRIP DOWN THE MEMORY LANE’ by CS R.Venkitachalam, Chairman, Bizsolindia Services Pvt.Ltd.

  I still vividly recall twenty-five years back almost to this day when two young men knocked at the door of my house and walked in on a sultry afternoon.  They were not the door-to-door salesmen pitching a new brand of soap or detergent.  One was Ashok Nawal a former colleague of mine from VIP …

‘A TRIP DOWN THE MEMORY LANE’ by CS R.Venkitachalam, Chairman, Bizsolindia Services Pvt.Ltd. Read More »

Article on “Insolvency Process against the taxpayer and provisions of GST thereof” by CMA Ashok Nawal, Founder, Bizsolindai Services Pvt Ltd (November 2021)

The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which seeks to consolidate the existing framework by creating a single law for insolvency and bankruptcy. The Insolvency and Bankruptcy Code, 2015 was introduced in Lok Sabha in December 2015. It was passed by Lok Sabha on 5 May 2016 and by …

Article on “Insolvency Process against the taxpayer and provisions of GST thereof” by CMA Ashok Nawal, Founder, Bizsolindai Services Pvt Ltd (November 2021) Read More »

Article on “Whether Social Welfare Surcharge is payable by importers under exports schemes?” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd. ( November 2021)

In the Finance Budget 2018, Social Welfare Surcharge was introduced vide Section 110 of Finance Act 2018 and thereafter Social Welfare Surcharge was levied on the custom duty levied and collected to the extent of 10% of such amount. Off let, Directorate of Revenue Intelligence (DRI) initiated the enquiries against the importers, who has imported …

Article on “Whether Social Welfare Surcharge is payable by importers under exports schemes?” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd. ( November 2021) Read More »

Article on “Production Linked Incentive Scheme (PLI) for Automobile & Auto Components” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt Ltd ( October 2021)

Government of India is focusing on promoting environmental friendly electric vehicles and electric batteries. The Phase-I of this Scheme was initially launched for a period of 2 years, commencing from 1st April 2015, which was subsequently extended from time to time and the last extension was allowed up to 31st March 2019. The 1st Phase …

Article on “Production Linked Incentive Scheme (PLI) for Automobile & Auto Components” by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt Ltd ( October 2021) Read More »

Watch Now: Part -2 ‘How To Prepare For Departmental Audit Under GST?’ with CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd

Part 2- ‘How To Prepare For Departmental Audit Under GST?’ with CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd In this video, our Bizsolindia Founder, CMA Ashok Nawal, shares how to prepare for GST Departmental Audit. As the GST department has started issuing notices to the assesses. It is now very important for business owners …

Watch Now: Part -2 ‘How To Prepare For Departmental Audit Under GST?’ with CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd Read More »

Article on ‘Ease of Doing Business & Custom Audit’ by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd.( August 2021)

Hon. Prime Minister of India has the reason to take India on the top rank of “Ease of Doing Business”, which will promote “Make in India” moment to ensure achievement of dream of making India USD 5 Trillion economy and India to be super power by 2024. One of the major hurdle of doing the …

Article on ‘Ease of Doing Business & Custom Audit’ by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd.( August 2021) Read More »

Compendium on ‘Benefits Offered To IT/ITES’ by Pravin Arote, Director & CEO, Bizsolindia Services Pvt Ltd (July 2021)

Information Technology (IT) is playing an important role in India today & has transformed India’s image as a land of innovative entrepreneurs. India is now one of the biggest IT capitals of the modern world and all the major players in the world IT sector are present in the country. Information technology sector has placed …

Compendium on ‘Benefits Offered To IT/ITES’ by Pravin Arote, Director & CEO, Bizsolindia Services Pvt Ltd (July 2021) Read More »

Article on ‘A Primer On Prepack A Simplified Debt Resolution Process Under The Insolvency & Bankruptcy Code For MSMEs’ by Venkat Venkitachalam, Chairman, Bizsolindia Services Pvt Ltd (July 2021)

BACKGROUND TO IBC In India when it comes to business there are two realities that you cannot escape from. The first is that you can somehow manage to promote a business enterprise but to close it down is not in your hands. Second reality is that enterprises can go bankrupt; but not the entrepreneurs who run them …

Article on ‘A Primer On Prepack A Simplified Debt Resolution Process Under The Insolvency & Bankruptcy Code For MSMEs’ by Venkat Venkitachalam, Chairman, Bizsolindia Services Pvt Ltd (July 2021) Read More »

Article on ‘4 Years Journey of GST & Future Path’ by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd. ( July 2021)

1st July will always be remembered by all the stake holders including trade & industries, tax administrations and also all the consumers, since the dream of One-Nation-One-Tax was achieved in the federal structure of India. Therefore, 1st July should be dedicated to the memory of Late Arun Jaitely. The dream of implementing One-Nation-One-Tax was achieved …

Article on ‘4 Years Journey of GST & Future Path’ by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd. ( July 2021) Read More »

‘Compendium on Production Linked Incentive Scheme’ by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd (June 2021)

Hon. Prime Minister Shri Narendrabhai Modi has the dream to make India self reliant. He identified the weakness of Indian Economy in spite of the background of liberalisation since 1990, but slow industrial growth and contribution of exports to the world market. The major constraint of ranking of India was too poor in the “Ease of Doing Business”. …

‘Compendium on Production Linked Incentive Scheme’ by CMA Ashok Nawal, Founder, Bizsolindia Services Pvt. Ltd (June 2021) Read More »

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