Launching GST Weekly Newsletter - by gstindia.net

GST will be applicable from 1st July, reverse count down has already begun. Everyone is gearing up to be GST compliant, may it be knowledge, technology or business processes. Keeping up with a new law introduction is very time consuming and a daunting...

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LBT Introduced in Panvel

It’s not a very Happy New Year 2017 for the businesses in the Panvel Municipal Limits. The Panvel Municipal Corporation vide it’s GR Dt. 29th December 2016, has decided to levy the Local Body Tax on all Use, Consumption and Sale happening in it's territories. The schedule of rates has also been prescribed by the local body ranging from 0.5% to 8% depending on the commodities one is dealing in. Having said that, most of the commodities...

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A solution to the problem of managing dues

I recently launched an android app on google play store, which helps you manage all your dues. Think of it as an app to record all the credit purchases / sales and payment / receipt. Current Problem:  When businessmen sit down for settling their...

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New Blog on Excel, Data Analytics, Office management

Dear visitors of LBT Blog (and my dearest subscribers, [600 Approx]) Starting new blog on - Excel, Data Analytics, Office Management.  adarshmadrecha.blogspot.com Since LBT's removal (almost), I was free to concentrate on new Idea for my Blog. I found that many office goers face difficulty in using Excel. After all, Excel is the most used software in any CA Firm or Company. Here, I shall be posting about Excel Tips...

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Revolutionary Office Management Software for CA, CS, Advocates, Tax Consultants

Screenshots     |     Pricing    |    Enquiry Form    |     Home Page Jamku is a NEW, Revolutionary Office Management Software  for CA, CS, Advocates,...

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Final Amendmends for LBT Removal from 1st August 2015

The Most Anticipated Notification by LBT Dealers has arrived. This Notification abolished LBT for dealers having turnover of less than 50 Crore. Yes you read it correct 50 CRORE. Earlier the notification dated 23rd July, 2015 had stated that the dealers...

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No abolition of LBT, traders with turnover of less than Rs 50 cr get exemption

Despite giving assurance of complete abolition of local body tax (LBT) in the municipal corporation area from August 1, the state government has issued a notification that has only waived off LBT for traders with an annual turnover of less than Rs 50 crore.The...

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Amnesty Scheme Amended / Revised

Cheers of traders comes to halt. Government has revised LBT Amnesty Scheme. Incorporated changes suggested by Municipal Corporations. Now the Amnesty scheme is balanced, from earlier being too Tax Payer friendly. LBT Amnesty Scheme was announced on...

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LBT Amnesty Application Form / Challan

In my previous post, about "LBT Amnesty Scheme in Detail" had in detail mentioned about the scheme, which is valid till 31st July 2015.  A separate application has be submitted to apply for Amnesty Scheme. The sample Application has been provided...

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LBT Amnesty Scheme in Detail

In Short : As per the Amnesty Scheme (Official Name - The Maharashtra Municipal Corporations Local Body Tax Amnesty Scheme 2015), penalty and interest on accumulated dues  of LBT will be  waived, subject to fulfillment of conditions, such as...

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Care to be Taken before repealing LBT

This Article is written by +Kishor Lulla  Some Acts, like Works Contract Act, have been born in negative atmosphere. Local Body Tax is also one of them. These Acts never gave satisfaction to anybody, either it may be Revenue, Dealers or Courts...

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