GST Rates for Services under Goods and Services Tax | Vskills Certifications

GST Rates for Services under Goods and Services Tax

GST Rates for Services GST Rates for Services under Goods and Services Tax or GST tax rates for services have been announced by Government of India.  Services to be charged indirect taxes was awaited. Goods and services tax rates for services  covers services being provided by individual or companies. GST is a tax which combines various indirect taxes being charged by Central and State governments, which resulted in multiple receipts/payment/compliance being needed for multi-state business.…

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GST Rates for Goods under Goods and Services Tax

GST Rates for goods under Goods and Services Tax GST Rates for goods or Goods and Services tax rates for goods have been declared.  Goods and services tax,  is the indirect tax being introduced by Government of India. GST is a tax which combines various indirect taxes being charged by Central and State governments, which resulted in multiple receipts/payment/compliance being needed for multi-state business. What is GST The existing indirect tax laws are origin-based tax, structured…

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What is GST Bill? | Goods & Services Tax

What is GST Bill? | Goods & Services Tax

What is GST (Good & Services Tax) GST stands for Goods and Services Tax, it is a proposed comprehensive indirect tax which would be levied on all goods and services consumed and it will replace all the current different indirect taxes levied by the government on different consumed goods and services. In simple words right now there a number of different taxes levied on goods and services which cause a lot of problems in the…

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How to Start a Successful Accounting Career | Vskills Certifications

How to Start a Successful Accounting Career

Bachelor of commerce degree is the minimum requirement to get your first job in accounting. Post graduate degree or certificate is helpful for management positions or specialized financial analysis job. The three most popular professional degrees in India related to accounting, commerce and finance are:- CA or Chartered Accountancy (by The Institute of Chartered Accountants of India) ICMA or The Cost and Management Accountancy (by The Institute of Cost Accountants of India) CS (Company Secretary)…

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GST and its Impact on the Economy

GST and its Impact on the Economy

Goods and service tax (GST) The GST is a new concept that simplifies the giant tax structure by supporting and enhancing the economic growth of a country. It is a comprehensive term levy on manufacturing, sale and consumption of goods and service at a national level. Goods and service tax bill or GST also referred to as the constitution (one hundred and twenty-second Amendment) bill 2014 initiate a value added tax to be implemented on…

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Portfolio Management | How to prepare for job & build a career

Portfolio Management | How to prepare for job & build a career

Portfolio Management Before understanding the meaning of Portfolio Management, it is essential to acquaint yourself with the concept of ‘Investment Management.’ It refers to the art and science of managing the securities and other assets of a client, in order to meet his/her investment goals. The client can be an institution (insurance company, charitable organization etc.) or an individual, which will also include those operating via mutual funds. Broadly speaking, when the assets of ‘an…

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Career In Finance | How To Get A Job & Build Yourself

Career In Finance | How To Get A Job & Build Yourself

Finance is one of the most sought after field today. It is rightly said, “With great power, comes great responsibility”. To handle this weight on your shoulders, you should be prepared in several contexts before you enter this field. If you are an undergraduate, these points will help you develop a roadmap for a stable career in finance. What to start with? If you are able to imagine yourself working as an investment banker or…

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Union Budget 2017 Analysis

Union Budget 2017 Analysis

Finance Minister Arun Jaitley presented the annual budget of India on 1st Feb 2017, which was awaited by the entire nation. To analyze the union budget 2017 and understand its implications, it’s important to know the background story first. What happened in India and what is expected to happen forms the basis of all the elements of budget. On 8th December, 2016, at 8:00 PM, Prime Minister Narendra Modi banned the use of Rs. 500 and Rs. 1,000 notes…

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Union Budget 2017 Analysis

Budget 2017 Highlights

Union Budget 2017 AnalysisBudget 2017 Highlights: A Brief Analysis by Professor Manohar V Dansingani A budget is a statement of financial intent, no more, no less. It is not Aladdin’s Lamp. The Sensex rallied 486 points post budget, relieved that the budget did no damage. Two adjectives define the Union Budget 2017 : Sober Disciplined The Backdrop Slow global growth (slowest recovery post-recession, worldwide) U.K. grows at 2.5% (highest among developed economies) Brexit….. uncertainties Trumponomics…..can…

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What is demonetisation effect on India

What is demonetisation effect on India

On 8th November,2016,Prime Minister Narendra Modi came out with his master stroke on corruption, counterfeit currency, terrorism and black money by announcing demonetisation and ceasing Rs. 500 and Rs. 1000 notes as a part of legal tender in India. The Reserve Bank of India manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. A new redesigned series of Rs 500 banknote, in…

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