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A company showing manpower supply from Gujarat to Bihar for services, instead of supply of goods, to avoid generating e-way bills which are mandatory for inter-state transportation of goods valued at over Rs 50,000.
Read more at : The Indian Express
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Stakeholders in the farm sector, equally important in ensuring a robust harvest and better prices, are wondering if Finance Minister will announce something new or tweak some taxes/rates to prop up growth.
The Income Tax Department has recently released a brochure emphasising the importance of avoiding cash transactions to mitigate tax penalties. This initiative aims to educate taxpayers about the potential financial repercussions of cash dealings, which can lead to severe penalties under the Income Tax Act.
Post Views: 402 India could consider a significant shift in the Goods and Services Tax (GST) including a jurisdiction-free regime…