IFRS in 140 characters or less… each! Enjoy. ✔IAS 1 Presentation: All accounts must have P/L, SFP, Cash Flows, Notes, Comparatives ✔IAS 2 Inventories: Value at the lower of cost (to get to location/condition) and Net Realisable Value (Price less completion/selling costs) ✔IAS 7 Cash Flows: 3 headings 1. Operations (Turn P/L and working capital… Read More Understand IFRS-India’s Accounting Standard
Professional Tax Slabs State wise Andhra Pradesh & Telangana Monthly Salary Professional Tax Levied (P.M) Up to Rs 15,000/- Nil Rs 15,001-Rs 20,000/- Rs 150 Rs 20,001/- or Above Rs 200 Assam Monthly Salary Professional Tax Levied (P.M) Up to Rs 10,000/- Nil Rs 10,001- Rs 14,999/- Rs 150 Rs 15,000- Rs 24,999/- Rs 180 Rs 25,000/- or Above… Read More Professional Tax-PAN India Information
The transport sector stands to benefit from the recently rolled out GST in several ways. Pre- GST, the complex tax structure and paper work forced the transport industry to spend a lot of resources on tax compliance and deposit of interstate sales tax. Monitoring and collection of sales tax at interstate check posts led to… Read More GST – A Boon for Transport Sector
I have already Posted about GSTR-2 which is bit difficult to file than GSTR-1, but some have asked about GSTR-1 too…Sharing the same for GSTR-1. You can Check GSTR-2 Here:- https://ayushagrawal.wordpress.com/2017/10/16/how-to-file-gstr-2-for-july-2017gst/ Understanding of GSTR-1 Under GST, the Government has come up with an effective Form-Based Reporting System that needs to be filed either monthly, quarterly… Read More Understanding of GSTR-1
Benefits of ISO Certification- A literature review. ✍Your organisation should have a clear idea of your objectives and what benefits it will gain by achieving ISO Certification. You have to be prepared to incorporate the Management Systems into every area of the business. ✍All staff must be aware of what is expected of them and where their areas… Read More ISO Certification::Benefits::India
As Per our Govt, Businessman is chor, they don’t pay taxes and CAs help them and we are largely a tax in compliant society and presented that only 3.7 crores are filling ITRs in this poor country with 125 crore population Sir, We have 82 crore voters (above 18 years who can actually earn)… Read More Why Only 3.7 Cr. are Filling ITR-India?
# My Success KIT – A Share for You Shri Motilal Oswal ✍The word success has different connotations for different people. The Oxford dictionary defines it simply as the accomplishment of an aim or purpose. Yet, for most people, success is about achieving wealth, respect and fame. Several people add good health, serenity and healthy… Read More My Success KIT – Motilal Oswal