The central government has stepped into a new tax regime, the Goods and Services tax regime, on July 1. Many sectors benefit from the new tax system as the GST subsumes several indirect taxes into one tax. The new regime is a boon in all sense. Is there any sector which feels it is […]Continue Reading
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Amidst mounting tension across the valley, Jammu and Kashmir has decided to join the Goods and Services Tax regime as the state assembly has passed the bill regarding the GST which offers protection to the special status bestowed on them by the Indian Constitution. When the ruling party of J&K, which is the partner of […]Continue Reading
The Supreme Court of India has given six-month time to the central government for the implementation of those schemes which, the government said, were in the stage of either conceptualisation or implementation when the SC bench headed by the Chief Justice, J S Khehar, and Justice D Y Chandrachud asked the government about the measures […]Continue Reading
The political unrest prevailing in Darjeeling is likely to affect its tea industry adversely as it is preventing the workers from doing their job in the tea estates. The Darjeeling tea estates follow a short plucking cycle of ‘five to six’ days. In fact, this procedure makes this tea different from others and helps this tea to […]Continue Reading
Recognising the importance of the role played by the Chartered Accountants of our country, Indian Prime Minister Narendra Modi has sent out letters to the CAs practising in our country. The move is regarded as the follow-up to “PM Modi’s official address to the Institute of Chartered Accountants of India” in which the PM asked […]Continue Reading
In the latest episode of the conflict between the news media and legislature in Karnataka where the state’s legislature sentenced two renowned journalists- Ravi Belagere of ‘Hi Bangalore’ and Anil Raj of ‘Yelahanka Voice’- to one year imprisonment for breach of privilege, the two editors has appeared before the speaker of the state’s legislature, K […]Continue Reading
A state of uncertainty is slowly looming in the India corporate society over the central government’s move to deregister nearly one lakh companies, with some prominent lawyers and charted accountants expressing doubt about the existence of such an authority which enables the concerned department to implement such a step. Last day, the Registrar of Companies cancelled […]Continue Reading
After several years of negotiations, deliberations and efforts, the country has finally implemented the Goods and Service tax, which subsumes all indirect taxes into one. The consumer states are likely to get more benefit from this tax system than the producing states such as Tamil Nadu, Maharashtra, Haryana, Gujarat, Karnataka and Haryana, as the Goods […]Continue Reading
It seems that the Congress party and Communist parties are unhappy with the NDA led central government’s plan to organise a midnight function to launch the Goods and Services Tax. It is alleged that organising such a function in the midnight is like elevating the launch function to the status of the Indian Independence. The Congress leaders say that […]Continue Reading
The Central Bureau of Investigation is set to investigate the ponzi scam, one of the most notorious cybercrime crimes even happened in India. It is believed that the perpetrators of the infamous crime swindled nearly five hundred crore rupees from their customers who fell into their trap. An interesting fact is that it is a […]Continue Reading



















