Recent Posts

Margin of Error – A GST Case Study

Ms. Rakshitha gets her Board exam results, with a score of 24 marks in Physics. The whole family and the teachers were shell-shocked to see the marks. Based on her past performance and her expectation, she should have got at least, if not more, 85% marks. She applied for revaluation …

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Union Budget 2021: Part V – GST and Company Law Related

This is the last part of the Budget series related to Taxation, Company Law and Marco economic analysis. Only a few points are covered here. Any points missed here will be covered in another article in the coming days. Goods and Service Tax (GST) Point # 1 GST on supply …

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Union Budget 2021 : Part IV –Business related

Income Tax amendments related to Business are discussed here. I have covered 8 general points. The points specifically applicable to certain industries are not written here. Point # 1 Payment by an employer of employee contribution to a fund on or before the due date Example – MK Steels Private …

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