Highlights of Budget 2017 : (Part 2) by Saurabh Chhabra

Below are key Highlights of Budget 2017 : Personal Income-Tax No Change in Slab rates i.e it has been retained at 2.5 Lakh Tax Rates has been reduced from 10% to 5% for slab 2.5 Lakh to 5 Lakh Rebate under section 87A has been reduced from 5000 to 2500 and will now be available... Continue Reading →

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Invoice under GST and Its Importance

GST is a multi stage tax  on Goods and Services, which allows a seamless flow of input tax credit (based on Tax Invoice) across the supply chain of goods and services. Invoice is a document which provides evidence as to existence of transaction of sale or purchase of goods or the agreement of supply. GST act also... Continue Reading →

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