It has now been decided to extend the Single Window System for the cases of Appeals, Revision and Review under Rule 23, 29 & 29(A) of CCS(CCA) Rules, 1965.
NBFC stands for Non-Banking Financial Company and is registered under the Companies Act, 2013 and managed by RBI with activities very similar to the bank except for some major differences. NBFC is known to provide financial support and services to businesses and individuals. One of the principal objectives of a Non-Banking Financial Company is to […]
The Ministry of Micro, Small and Medium Enterprises (MSME) had vide notification dated 2nd November 2018 directed all companies, who get supplies of goods and services from micro and small enterprises and whose payments to micro and small enterprise suppliers exceed 45 days from the date of acceptance or deemed acceptance to file a half […]
The new financial year has just begun, and there has been a lot of changes in tax laws. So, in the article, we aim to discuss few changes, relevant to most of the taxpayers. We are covering the changes made in Income tax Act and GST. A. Changes in Income tax Act 1. Rebate u/s […]
Important Things to consider by businesses and professionals for smooth GST Compliance Since the inception of GST on 1st July 2017, there has been constant tweaking in law and provisions of GST, which has kept the businesses, professionals, tax practitioners and even Government Authorities on their toes. It is important for all of us to […]
GST Update – Extension of due date for furnishing of Return in Form GSTR 1 and GSTR 7 for the month of March 2019 Considering the difficulties being faced by the Taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) has extended the due date for filing GSTR-1 and GSTR-7 for the month of […]
The Institute of Cost Accountants of India has issued a guidance note on the RESPONSIBILITY OF DIRECTORS: AS REGARDS MAINTENANCE OF COST RECORDS in January 2019. The guidance note aims to provide the guidance to the company to obtain a Assurance Certificate for Maintenance of Cost Records before incorporating the disclosure with regard to the Cost Records in Director’s Report
