GST Input Tax Credit Setting off Rules changed from 1st February 2019

Published February 8, 2019 by admin

CBIC notifies applicability of CGST (Amendment) Act, 2018 with effect from 1st day of February, 2019 vide Notification No. 02/2019 – Central Tax Dated 29th January, 2019. Section 49A has been inserted by Section 21 of CGST Amendment Act 2018 Notwithstanding anything contained in section 49, the input tax credit on account of central tax, … Continue reading GST Input Tax Credit Setting off Rules changed from 1st February 2019 →

Union Budget 2019 highlights

Published February 7, 2019 by admin

Individual tax payers with annual income upto 5lakh rupees to get full tax rebate. Individuals with gross income up to 6.5 lakh rupees will not need to pay any tax if they make investments in provident fund and prescribed equities. Tax slabs for those with income over Rs 5 lakh remain unchanged. Standard tax deduction … Continue reading Union Budget 2019 highlights →