Finance Bill (Basics you need to know)

What is Finance Bill? A Finance Bill is besically a “Money Bill” as defined in Article 110 of the our Constitution. What Finance Bill actually does?   The proposals of the government for levy of new taxes, modification of the existing tax structure or continuance of the existing tax structure beyond the period approved by…

GST

Goods & Services Tax ; A revolution in Indian taxation system!! 17 years ago (in 2000) , our then honorable prime minister Shri Atal Bihari Bajpayi had proposed the idea of a “Single taxation system“, like world’s most nations are having, to be implemented in India. At that point of time the time “GST” was…

Demonetization :- Suffer now, Smile later!

A historic movement to curb Black money and eventually Corruption!!