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Investing in Gold: Bridging Tradition with Modern Strategies in India

Follow us on -  LinkedIn  - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/     Gold holds a special place in the hearts of Indians, deeply rooted in tradition and culture. For generations, it has been a symbol of prosperity, a hedge against economic uncertainties, and an integral part of auspicious occasions. As we step into the modern era, the allure of gold remains, but the ways we invest in it have evolved. Let's delve into the world where tradition meets contemporary investment strategies in the context of gold in India. The Timeless Appeal of Gold For centuries, Indians have revered gold not only for its aesthetic appeal but also for its intrinsic value. Traditionally, gold has been acquired in the form of jewelry, coins, or bars, often passed down through generations as a store of wealth. This cultural affinity has made India one
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E-invoice enabled for businesses with annual turnover of Rs 5 crore

Follow us on -  LinkedIn  - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/       Introduction: In a significant move to promote digitalization and streamline the tax system, the Indian government has introduced the concept of e-invoicing. Initially implemented for businesses with a turnover of Rs 100 crore or more, the government has now extended e-invoicing to businesses with an annual turnover of Rs 5 crore. This blog post explores the implications of this development and its potential benefits for businesses. What is E-Invoicing? E-invoicing is an electronic method of generating and sharing invoices between businesses and their suppliers or customers. It involves the creation of a standardized digital invoice format, which is then authenticated by the Goods and Services Tax Network (GSTN), the government's designated agency for manag

Big Relief for E-Invoicing in GST

  Follow us on -  LinkedIn  - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/     Regards  Aseem Aggarwal CA, CPA, CS, B.Com(H) +91 7508000350 aseem@ksafirm.com LinkedIn  - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/

Former Revenue Secretary Tarun Bajaj pitches for tax on agri income

Follow us on -  LinkedIn  - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/     People have also filed about 500,000 updated returns, Bajaj, who superannuated last month, said. Former Revenue Secretary Tarun Bajaj on Thursday made a case for taxation of agricultural income and suggested that people above the income tax threshold must pay tax, irrespective of their income source. “It is a good thought… If I make more money than the threshold, I should pay tax,” said Bajaj at a CII conference, but added this is his personal view. At present, agricultural income is exempt from tax under the Income Tax Act. The topic is also seen to be highly politically sensitive as it would impact farmers. Meanwhile, addressing the session on “Mobilising Higher Tax Revenues for Financing India’s Development”, Bajaj also said he is not in favour of hiking tax r

GST tribunal will be set up in Haryana, expected to start by March 2023: CM

Follow us on -  LinkedIn  - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/     Manohar Lal Khattar also called for promoting voluntary registration for GST and said that three lawyers who get the maximum number of registrations in a year would be felicitated. Haryana Chief Minister Manohar Lal Khattar said Wednesday that for the convenience of taxpayers and lawyers, a GST tribunal will be set up in the state, which is expected to start by March 2023. “For this a recommendation has been made to the GST Council.” The Chief Minister further announced that two joint ETC range appeal offices would be opened at Hisar and Gurgaon to resolve GST related problems. In an event in Gurgaon, Manohar Lal Khattar said that ‘GST Aamne Samne’ forum will be started at the divisional level, providing a common platform to taxpayers, lawyers and officers of the

Punjab Cabinet decides to amend state GST law

Follow us on -  LinkedIn  - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/   The Punjab Cabinet on Monday gave the approval to amend the Punjab Goods and Services Tax Act, 2017, to enable ease of doing business in the state and facilitating the taxpayers. The amendment will also help in streamlining provisions relating to refunds and rationalising those related to the furnishing of returns. This will also ensure levying of interest only on input tax credit wrongly availed and utilised, said an official release. The Punjab Cabinet held a meeting under the chairmanship of Chief Minister Bhagwant Mann at his official residence here, ahead of the state Assembly session, which has been convened on Tuesday. The Cabinet also gave the green signal to withdraw the proposal for setting up a bulk drug park at Bathinda on the site of the closed thermal