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All About Finance -

CHECKLIST OF DOCUMENTS FOR DIRECTORSHIP IN INDIAN COMPANIES BY “PERSONS RESIDENT OUTSIDE INDIA” (i.e. Foreign Nationals/ Persons of India Origin/ Non Resident Indians)

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In the recent years, the Government of India has liberlised its policies for the Foreign Investors whereby they can come to India and invest in various sectors. Presently every sector except the few like railway, defence, agriculture, real estate etc are allowed by the Government, where the Foreign Direct Investment can be made through automatic/ … Read more

The difference between gross total income and total income

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Total Income is the income on which tax liability is determined. It is necessary to compute total income to ascertain tax liability. Section 80C to 80U provides certain deductions that can be claimed from Gross Total Income (GTI). After claiming these deductions from GTI, the remaining income is called as Total Income. In other words, … Read more

HSN Code – Chapter No. 02 – MEAT AND EDIBLE MEAT OFFAL

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Note: This Chapter does not cover : (a) products of the kinds described in headings 0201 to 0208 or 0210, unfit or unsuitable forhuman consumption; (b) guts, bladders or stomachs of animals (heading 0504) or animal blood(heading 0511 or 3002); or (c) animal fat, other than products of heading 0209 (Chapter 15). SUPPLEMENTARY NOTE : … Read more

HSN Code – Chapter No. 01

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HSN Code Name of Commodity     101 LIVE HORSES, ASSES, MULES AND HINNIES Horses:     0101 21 00 Pure-bred breeding animals 0101 29 Other: 0101 29 10 Horses for Polo 0101 29 90 Other 0101 30 Asses: 0101 30 10 Pure-bred breeding animals: 0101 30 20 Livestock 0101 30 90 Other 0101 90 … Read more

HSN Code – All Chapters

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Live animals Chapter-01 Meat and edible meat offal Chapter-02 Fish, crustaceans, molluscs & other aquatic invertebrates Chapter-03 Dairy produce; birdfs eggs; natural honey; edible products of animal origin, not elsewhere specified Chapter-04 Products of animal origin, not elsewhere specified or included Chapter-05 Live trees and other plants; bulbs, roots and the like; cut flowers and … Read more

Petrol Pump retail outlets are not liable to file MVAT return – Notification

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FINANCE DEPARTMENT Madam Cama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai 400 032, dated the 23rd October 2020 NOTIFICATION MAHARASHTRA VALUE ADDED TAX ACT, 2002, No. VAT/1520/CR-73/Tax-1.—Whereas, the Government of Maharashtra is satisfied that circumstances exist which render it necessary to take immediate action further to amend the Maharashtra Value Added Tax Rules, 2005 and to … Read more