At the 33rd GST council meeting held in late February 2019, input tax credit was recently removed in case of residential real estate transactions. The new lower GST rates for under construction residential property purchases are 1% GST in case of affordable housing residential transactions (from 8% earlier) and 5% GST in case of residential…
Note: PAN cardholders now have to pay Rs. 1,000 to link their PAN with Aadhaar and the last date to link PAN with Aadhaar is 30th June 2023. The Central Board of Direct Taxation (CBDT) has reiterated that Aadhaar-PAN linkage is mandatory for tax filing and the deadline for linking is the 30th June 2021. This follows…
Small business loans are short-term loans availed by companies that are seeking to raise some capital for meeting expenditures related to daily operations, equipment maintenance and purchase, raw material purchase, expansion or upgradation of business, research and development, etc. Commercial loans can provide a business with the finance that it needs for smoothly going through…
Future Generali Life Insurance recently launched its new age Unit Linked Insurance Plan (ULIP) by the name of Big Dreams Insurance Plan, perfect for the new age generation. Through the feature of additional allocation on every premium, Future Generali aims to woo customers and help them to continue to invest on a long-term basis. The new ULIP is available in…
