In order to bring promptness and uniformity, it has been decided that after closure of accounts on 31st March of the financial year, the PSBs will follow the following schedule in this regard –
Gist of GST Notifications issued on 21st & 23rd March 2020 Notification No. 10/2020 – Central Tax Dated 21st March 2020 The taxpayers having principal place of business in Dadra and Nagar Haveli has been merge with Daman and Diu and Dadra and Nagar Haveli from 27th January 2020. The tax period has been changed […]
Update on Relief measures announced on 24th March, 20 by Finance Minister relating to various Statutory and Compliance Matters across Sectors – Covid-19 outbreak The Corona Virus (Covid-19) outbreak has not only impacted lives of general citizens, it has also severely impacted the trade and business community. The lockouts and curfew across various cities has […]
Through this write up, a statutory and judicial light is focused on the different aspects of procedure and provisions set up in cases related to Dishonour of Cheques as enshrined in Chapter XVII decoding form Section 138 to Section 148 of The Negotiable Instruments Act, 1881. Introduction and objective :- Negotiable Instrument act was enacted […]
With the increase in Covid-19 pandemic, Hon’ble Prime Minister Sh. Narendra Modi has announced a complete nation-wide lockdown for 21 days beginning from mid-night of 24th the March 2020. It can be evidently seen that public has strain of Covid-19 on the one hand and anxiety of economic slowdown on the other hand. Amidst all […]
GST Department has issued nearly 20 Notification on 21st March 2020 and 23rd March 2020. Details, explanations and impact of all these Notifications been summarised precisely herein. Notifications relates special GST procedure for taxpayers in Dadra and Nagar Haveli and Daman and Diu, special procedure for corporate debtors undergoing the corporate insolvency resolution process, waiver […]
Outcome of Press Release Dt. 24/03/2020. By FM Nirmala Sitharaman & MOS Anurag Thakur In View of Covid – 19. As it was the need of the hour the government has addressed statutory and compliance related issues & has made following changes, few of which has been addressed.
Analysis of the circular issued by the central government in respect of procedure to be adopted in cases of insolvency resolution Central Government vide Notification No. 11/20 Central Tax dated 21st March 2020 has prescribed special procedure in respect of GST formalities to be complied by Companies which are in the process Insolvency Resolution. Salient […]
With the Introduction of GST from 01 July 2017 almost all the sectors have undergone tremendous change whether that may be in terms of taxability, rate change, valuation etc & so is our hospitality Industry which cannot make itself untouched with these changes. Here we will try to understand something that is very close to […]
TOP 30 KEY HIGHLIGHTS OF ANNOUNCEMENTS FROM FM PRESS MEET DATED 24.03.2020 1. Invest India Business Immunity Platform launched to helping businesses withstand COVID-19 Invest India, India’s national Investment Promotion & Facilitation Agency, under the Ministry of Commerce and Industry has launched The Invest India Business Immunity Platform. The Business Immunity Platform (BIP) is the […]
