We informally talk about Tax specially about Indian Income-tax Act, 1961, GST,FDI, Corporate Law and allied laws. The other motive is also to keep fellow professionals, entrepreneurs, NRIs, Foreign Investors and students updated. A place to share the common point of interest 'TAX' because sharing is caring!
FYI - Maharashtra Budget
-Vat audit limit 100 lakh from 2013-14
-Penalty for late filing of vat returns reduce to 2000 for one month delay
-Vat registration limit 10 lakh
-Professional tax limit raised from 5000 to 7000
Final confirmation and Notification awaited !!!
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