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Also in 2015, Tally Solutions announced the launch of Tally.ERP 9 Release 5.0 with taxation and compliance features. [13] In 2016, Tally Solutions was shortlisted as a GST Suvidha Provider to provide interface between the new Goods and Services Tax (GST) server and taxpayers, and in 2017, the company launched its updated GST compliance software.
Direct tax in the form of an income tax was introduced by Sir James Wilson in India in 1860 to overcome the difficulties created by the Indian Rebellion of 1857. [12] The organisational history of the Income-tax Department, however, starts in the year 1922, when the Income-tax Act [4], 1922 gave, for the first time, a specific nomenclature to various Income-tax authorities.
National Small Industries Corporation Limited (NSIC) is a Mini Ratna government agency established by the Ministry of Micro, Small and Medium Enterprises, Government of India in 1955 [4] [5] It falls under Ministry of Micro, Small & Medium Enterprises of India. NSIC is the nodal office for several schemes of Ministry of MSME such as Performance ...
The GST is imposed at variable rates on variable items. The rate of GST is 18% for soaps and 28% on washing detergents. GST on movie tickets is based on slabs, with 18% GST for tickets that cost less than ₹100 and 28% GST on tickets costing more than ₹100 and 28% on commercial vehicle and private and 5% on readymade clothes. [33]
In 1986, he along with his son established Peutronics as a company which later morphed into Tally Solutions Pvt. Ltd. [7] in 1999 and the software, PFA became popular as Tally. [8] [9] Headquartered in Bangalore, India, S.S Goenka expanded the company to three metro cities in India- Mumbai, Delhi and Kolkata, along with an international office ...
President-elect Donald Trump appointed Elon Musk to lead the new Department of Government Efficiency (DOGE) to reduce government spending by up to $2 trillion by July 4, 2026. Read Next: If...
You can still find accounts paying out more than 10 times the 0.42% national average — up to 5.05% APY with none of the fees, high minimums or stiff penalties that can eat into the interest you ...
Bharat Goenka is an Indian businessman and the co-founder and managing director of Tally Solutions. In 2020, he received the Padma Shri from the Government of India for his contribution in the field of trade and industry.