Forwarded from Naman
Sir My name is Naman Sanghi from Jaipur
One day i was surfing and suddenly found you
I was surprised at such affordable fees for ca final IDT
I saw your first lecture where you explianed definitions and that very moment I decided to take class from you
Glad my decision is good
Here is my result
One day i was surfing and suddenly found you
I was surprised at such affordable fees for ca final IDT
I saw your first lecture where you explianed definitions and that very moment I decided to take class from you
Glad my decision is good
Here is my result
Probably Institute will finalise new course matter on coming council meeting proposed on 18-19 Jan 2023. Things may be cleared after that.
Forwarded from CA Amit Jain
Website page.jpg
142.7 KB
CA Final IDT (GST+Custom+FTP) fully amended for May 2023 by CA Amit Jain
(Amendments up to 31st October 2022)
👉 Total 671 Pages
👉 More than 900 Examples and Q & A
👉 Highlighted with different colours for key terms and amendments for May 2023
👉Revisable in ~ 18 hours so no need to shift to chart/summary book
👉Student got 30 out of 30 in MCQ, scored more than 70+ including 85 marks
🕹Buy GST+Custom+FTP Colour Books in Hard copy @ INR 999 (including courier cost in India) from below link:-
https://narayancommerceacademy.com/product/ca-final-idt-gst-and-custom-ftp-books-for-nov-2022-may-2023-by-ca-amit-jain-hard-copy/
(Amendments up to 31st October 2022)
👉 Total 671 Pages
👉 More than 900 Examples and Q & A
👉 Highlighted with different colours for key terms and amendments for May 2023
👉Revisable in ~ 18 hours so no need to shift to chart/summary book
👉Student got 30 out of 30 in MCQ, scored more than 70+ including 85 marks
🕹Buy GST+Custom+FTP Colour Books in Hard copy @ INR 999 (including courier cost in India) from below link:-
https://narayancommerceacademy.com/product/ca-final-idt-gst-and-custom-ftp-books-for-nov-2022-may-2023-by-ca-amit-jain-hard-copy/
Forwarded from CA Amit Jain
I am going to start CMA Final IDT classes in English.
90% syllabus is same in CA Final and CMA Final.
Please join below group for free online live classes. Same is going to be recorded and will be sold later in Google Drive and Pendrive.
https://t.me/cmafinalindirecttax
90% syllabus is same in CA Final and CMA Final.
Please join below group for free online live classes. Same is going to be recorded and will be sold later in Google Drive and Pendrive.
https://t.me/cmafinalindirecttax
Forwarded from CA Amit Jain
🌺 Highlights of *Union Budget 2023-24*.
*General*
1. EPFO Numbers doubled to 27 crores
2. Agriculture accelerator fund to boost startup in Agri sector. Special scheme to boost fisheries
3. 38,800 teachers will be employed in 3.5 lakh Eklavya tribal school.
4. Capital outlay of Rs. 2.40 lakh crore for Railways.
5. 50 New Airports and Heliports to be made.
6. Rs. 10,000 crore for urban infra fund every year
7. Rs. 75,000 crore for 100 transport infra projects
8. 3 Centers of Excellence for “Artificial Intelligence” will be set up.
9. KYC procedure to be simplified. PAN to be come common business identifier.
10. Scope of Digi locker to be increased.
11. More than 39,000 compliances reduced. Jan Vishwas Bill to amend 42 laws
12. Rs. 35,000 crore for Energy transmission
13. 10,000 bio input research centers to be set up.
14. 30 Skill India International centers to be set up.
15. NFIR (National Financial Information Registry) to be launched for financial strategy.
16. Reducing cost of MSME Credit by 1%. Infusion of Rs. 9,000 crore in corpus for MSME credit.
17. ‘Mahila Samman Bachat Scheme’ for Women for Rs. 2,00,000 @ 7.5%
18. SCSS enhanced from 15 lakh to 30 Lakh.
*Direct and Indirect tax*
1. Promote domestic manufacturing and exports.
2. Tax exemption on Capital Goods and Lithium batteries.
3. Mobiles, camera lenses to become cheaper.
4. Gold, Silver & Diamonds, cigarettes, imported rubber to get expensive.
5. Enhanced limit for 3 crore and 75 lakhs for presumptive taxation.
6. Higher TDS limit of RS. 3 cr for Cooperatives
7. New IT Return Form for easier filing .
8. 100 Joint Commissioners to be appointed for disposal of small appeals.
9. TDS reduced on EPF withdrawal
10. Section 54 and 54F to be amended.
11. Rebate limit increased to 7 lakh in new tax regime.
12. Number of slabs reduced from 7 to 5 in new tax regime.
13. Only 5% tax on Individual’s Annual income of 9,00,000 only to pay Rs. 45,000 as tax.
14. Salaried class and pensioner: Standard Deduction increased
15. Highest tax rate 42.74 % reduced
16. Propose to reduced Higher surcharge rate from 37 % to 25% in new tax regime.
17. Leave Encashment: Limit increased from Rs. 3,00,000 to Rs. 25,00,000.
*General*
1. EPFO Numbers doubled to 27 crores
2. Agriculture accelerator fund to boost startup in Agri sector. Special scheme to boost fisheries
3. 38,800 teachers will be employed in 3.5 lakh Eklavya tribal school.
4. Capital outlay of Rs. 2.40 lakh crore for Railways.
5. 50 New Airports and Heliports to be made.
6. Rs. 10,000 crore for urban infra fund every year
7. Rs. 75,000 crore for 100 transport infra projects
8. 3 Centers of Excellence for “Artificial Intelligence” will be set up.
9. KYC procedure to be simplified. PAN to be come common business identifier.
10. Scope of Digi locker to be increased.
11. More than 39,000 compliances reduced. Jan Vishwas Bill to amend 42 laws
12. Rs. 35,000 crore for Energy transmission
13. 10,000 bio input research centers to be set up.
14. 30 Skill India International centers to be set up.
15. NFIR (National Financial Information Registry) to be launched for financial strategy.
16. Reducing cost of MSME Credit by 1%. Infusion of Rs. 9,000 crore in corpus for MSME credit.
17. ‘Mahila Samman Bachat Scheme’ for Women for Rs. 2,00,000 @ 7.5%
18. SCSS enhanced from 15 lakh to 30 Lakh.
*Direct and Indirect tax*
1. Promote domestic manufacturing and exports.
2. Tax exemption on Capital Goods and Lithium batteries.
3. Mobiles, camera lenses to become cheaper.
4. Gold, Silver & Diamonds, cigarettes, imported rubber to get expensive.
5. Enhanced limit for 3 crore and 75 lakhs for presumptive taxation.
6. Higher TDS limit of RS. 3 cr for Cooperatives
7. New IT Return Form for easier filing .
8. 100 Joint Commissioners to be appointed for disposal of small appeals.
9. TDS reduced on EPF withdrawal
10. Section 54 and 54F to be amended.
11. Rebate limit increased to 7 lakh in new tax regime.
12. Number of slabs reduced from 7 to 5 in new tax regime.
13. Only 5% tax on Individual’s Annual income of 9,00,000 only to pay Rs. 45,000 as tax.
14. Salaried class and pensioner: Standard Deduction increased
15. Highest tax rate 42.74 % reduced
16. Propose to reduced Higher surcharge rate from 37 % to 25% in new tax regime.
17. Leave Encashment: Limit increased from Rs. 3,00,000 to Rs. 25,00,000.
Forwarded from CA Amit Jain
No tax audit for 3 crore turnover and 75 lakhs with 5% cash limit...Means lesser audits for professionals now...Amrit kaal 😊😊
Forwarded from CA Amit Jain
New Tax Regime after #Budget2023 announcement
Slabs :
₹0-3L : 0%
₹3-6L : 5%
₹6-9L : 10%
₹9-12L : 15%
₹12-15L : 20%
Above ₹15L : 30%
If you have HRA, 80C investment and Mediclaim than No tax upto Rs.10 lac.
Slabs :
₹0-3L : 0%
₹3-6L : 5%
₹6-9L : 10%
₹9-12L : 15%
₹12-15L : 20%
Above ₹15L : 30%
If you have HRA, 80C investment and Mediclaim than No tax upto Rs.10 lac.
Forwarded from CA Amit Jain
Guys look like in Nov 23, no new syllabus since still parliament has not passed yet amendments.
Forwarded from Mohit Garg
No sir, doubt cleared, i carefully read your book, in 10(2A) also condition specified that notified manufacturer can't opt scheme. Thank you sir for your instant response. I think you didn't get my doubt. By the way your book is so amazing sir. Thank you.
Forwarded from CA Amit Jain
GST Deptt is conducting search in Principal Place of Business of Adani Wilmar in Himachal after receipt of data from DGRM that no tax was paid in cash.
DGRM has asked GST Deptt to investigate all companies who have not paid single penny by cash
Adani Wilmar's Solan facility raided for alleged GST violations.
Adani Wilmar had failed to deposit GST collection for "several years" and this reportedly led to the inspection.
The officials inspected a carrying and forward unit of the company.
DGRM has asked GST Deptt to investigate all companies who have not paid single penny by cash
Adani Wilmar's Solan facility raided for alleged GST violations.
Adani Wilmar had failed to deposit GST collection for "several years" and this reportedly led to the inspection.
The officials inspected a carrying and forward unit of the company.
Forwarded from CA Amit Jain
Website page.jpg
142.7 KB
CA Final IDT (GST+Custom+FTP) fully amended for May 2023 by CA Amit Jain
(Amendments up to 31st October 2022)
👉 Total 671 Pages
👉 More than 900 Examples and Q & A
👉 Highlighted with different colours for key terms and amendments for May 2023
👉Revisable in ~ 18 hours so no need to shift to chart/summary book
👉Student got 30 out of 30 in MCQ, scored more than 70+ including 85 marks
🕹Buy GST+Custom+FTP Colour Books in Hard copy @ INR 999 (including courier cost in India) from below link:-
https://narayancommerceacademy.com/product/ca-final-idt-gst-and-custom-ftp-books-for-nov-2022-may-2023-by-ca-amit-jain-hard-copy/
(Amendments up to 31st October 2022)
👉 Total 671 Pages
👉 More than 900 Examples and Q & A
👉 Highlighted with different colours for key terms and amendments for May 2023
👉Revisable in ~ 18 hours so no need to shift to chart/summary book
👉Student got 30 out of 30 in MCQ, scored more than 70+ including 85 marks
🕹Buy GST+Custom+FTP Colour Books in Hard copy @ INR 999 (including courier cost in India) from below link:-
https://narayancommerceacademy.com/product/ca-final-idt-gst-and-custom-ftp-books-for-nov-2022-may-2023-by-ca-amit-jain-hard-copy/