Watch ‘Parallel Proceedings by CGST and SGST authorities Against Same Matter Conflicts’ by Adv Nidhi Nawal, Director, Bizsolindia Services Pvt Ltd
Watch ‘Latest Updates in Table 14 & 15 of GSTR-1’ by Adv Kiran Sawale, Sr.Advisor, Bizsolindia Services Pvt. Ltd.
Concept Dollarisation: Dollarisation is the phenomenon where the US Dollar replaces a nation’s own currency. It is a complex economic exercise. Imagine a country where shopkeepers price goods in Dollars, wages are negotiated in Dollars and even savings are tucked away in greenbacks. This is dollarisation, where a foreign currency takes over often replacing or …
The Indian Medical Association (IMA) has a headache for which the Association does not seem to have a remedy despite it being the association of all doctors in India. The cause for the headache comes from none other than a ubiquitous Baba who challenged the efficacy and credibility of allopathic medicines and its practitioners. Baba …
CMA Ashok Nawal, Founder, Bizsolindia Wishes You a Happy New Year!
“Aspects to Consider when Replying to Assessment Notices under GST” By Adv Nidhi Nawal
Goods news for IT/ITES SEZ Developer & Units – SEZ Rules Amendment
The Lessons and Legacies of the Chinese ‘One Child Policy’ Macro-economic policies state and substantiate the cardinal economic principle that population growth fuels economic growth. The reality of both India and China, however, was that explosive population growth resulted in unmanageable consequences in the late seventies. China had an autocratic ruling dispensation and India was …
The favourite pastime post any cricket match for an average Indian is to dive deep into an in-depth analysis of the already concluded matches in the tournament. This year also after the recently concluded Cricket World Cup the self-styled cricket experts got sufficient vicarious opportunities to give vent to their bitter feelings of disappointments. The …
Currently lot of taxpayers has received Show Cause Notices for the financial year 2017-18 as due date of issuing SCN for FY 2017-18. Department is not even considering the submission made by the taxpayers before issuing SCNs. Due to this, many taxpayers are facing un-necessary hardship of replying to such baseless SCNs. Department can issue …
The ongoing Israel – Hamas war was something that was waiting to happen. The first instinctive question that crops up is why this war and why now? There is nothing about the ongoing war that has not been analysed threadbare in the newspapers or on the TV screens. I do believe that no conflict is …
CHALLENGES BEFORE THE HUMAN RESOURCE DEPARTMENT Even those who may have difficulty in defining organisational culture in precise terms with its varied hues and indeterminate characteristics, will have no hesitation in admitting to the fact that great organisations have been built over the years whether in India or elsewhere not just based on their performances, …
Background There are various schemes under the Foreign Trade Policy 2023 like Advance Authorisation (for raw material & components), EPCG (for capital goods), Export Oriented Unit (for raw material, components and capital goods). By availing these schemes read with corresponding exemption notifications issued by Ministry of Finance, the exporter ensures that the goods are exported …
JP Morgan Chase & CO, the US-based financial services behemoth, announced late September, 2023 that they had decided to include certain Indian Sovereign Bonds in its Global Bond Index – Emerging Markets (GBI-EM) Index starting 28th June 2024. This inclusion would commence in a staggered manner, with 1% incremental weightage considered for each consecutive month, …
Matching ITC with GSTR-2B has been made mandatory effective from 1st January 2022 by inserting clause (aa) in section 16(2) of CGST Act, 2017. Prior to this amendment, though GST Act has not made it mandatory but Rules,36(4) was inserted w.e.f. 09.10.2019 to match ITC with GSTR-2A, the said rule initially allowed to take ITC …
Section 10 CGST Act, 2013 Composition levy extended to suppliers of goods under ecommerce model: Benefit of composition scheme which was earlier not available to registered persons engaged in supplying goods through Ecommerce operator shall be extended to them. However, restriction will continue to apply for such registered persons who are engaged in supply of …
Procedure for Reassessment of Income under Income Tax Act, 1961 has been provided under Sec 147 to 153, wherein Assessing Officer (AO) can reassess the Income which has escaped assessment done earlier. These provisions of reassessment has been revamped by Finance Act, 2021. Prior to 1.4.2021, u/s 147 of the Act, the power to assess …
Adapted From the Book “What Would the Great Economists Do”? By Linda Yueh One of the most challenging questions that keeps haunting me all the time is one for which the answer is known but not a satisfactory one. With problems in the field of Economics plaguing countries around the world increasing as never …
Bizsolindia Services Pvt. Ltd. has been honored with the "Maharashtra State Best Employer Brand Award 2026" at a prestigious ceremony held at Taj Lands End, Mumbai.
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