Demat account is an ultimate tool to hold financial securities in a digital form and to trade in the stock market. In India, Demat accounts are maintained by two depository organizations, the National Securities Depository Limited (NSDL) and the Central Depository Services Limited(CDSL).
We come across a few enquiries from our clients. Kindly go through the below categories.
Capital gains come from the sale of a property or from investments. Based on the capital gains and the duration for which you held the investment, you will be required to pay either LTCG tax or STCG tax.
SIH is a one-stop platform for all stakeholders in the Start-up ecosystem to interact with each other, exchange knowledge and form partnerships in a highly dynamic environment.
A. No, GST is a consumption-based tax. As the goods are consumed outside India, there is no GST on exported goods and services.
Direct taxes are non-transferable taxes paid by the tax payer to the government and indirect taxes are transferable taxes where the liability to pay can be shifted to others.
NO, not allowed to avail input tax Credit for Motor Car Purchased for Director use as it falls under the own use of the GST Registered Person hence no input tax credit can be availed for the Goods & Services Purchased for own use or consumption.
YES, The Registered Person who intends to withdraw from the Composition Scheme can file a duly singed or verified application in FORM GST CMP-04.
TAX-COMM helped many families, individuals and businesses in saving taxes, in setting up their start-ups, reducing penalties from government making them grow financially.
