Bank Sanctions Against the Economic Package Recently Announced
On May 12, the Prime Minister, Mr. Narendra Modi, announced a special economic package of Rs 20 lakh crore (equivalent to 10% of India’s GDP)
Withdrawing cash and not filing ITR? Now pay TDS u/s 194N on cash withdrawals above Rs 20 lakh:
The Income Tax Department has facilitated a new functionality for banks and post offices through which they can ascertain the TDS applicability rates on cash
RBI ANNOUNCEMENTS AND ITS IMPACT ON BORROWER,DEPOSITORS AND BUSINESS STAKEHOLDERS 5 THINGS TO KNOW
RBI ANNOUNCEMENTS AND ITS IMPACT ON BORROWER, DEPOSITIRS AND BUSINESSS STAKEHOLDERS 5 things to know:The Monetary Policy Committee ( MPC) of the Reserve Bank of
GST:- Govt Allows Businesses to Verify monthly GST Return Through EVC
With requirement of digital signature delaying monthly GST return filings and tax payment, the government has allowed businesses to verify the return through EVC till
CBDT Prescribes Two-years window to resolve Disputes Through MAP ( Mutual Agreement Procedures)
To Provide Speedy dispute resolution for investors, the Central Board of Direct Taxes (CBDT) has modified the norms for Mutual Agreement Procedures (MAP) by prescribing
Trust Complainces As per Income Tax Act :-
1.Introdcution: Trust formed for charitable or religious purposes which are not intended to do commercial activities are allowed various benefits under the Income-Tax Act, inter-alia,
MCA compliance Chart
S.no Forms Allicability and Purpose Due Date Remarks Penalty and Late Fees 1 E-form – INC-22A (Active Company Tagging Identities and Verification) Every company incorporated