Extension of Submission Date of Share Capital Audit Report for the quarter ended March 31, 2020 till 31st May, 2020 BSE vide Circular no. LIST/COMP/1/2020-21 dated 14.04.2020 informed listed companies on Relaxation in adherence to prescribed timelines issued by SEBI due to Covid 19 which was provided by SEBI Ciruclar No.SEBI/HO/MIRSD/RTAMB/CIR/P/2020/59 Dated April 13, 2020. […]
Monetary debt from a wide range of lending sources such as home finances, car finances, credit cards, etc. can lend you in hefty EMIs, mounting interest rates, & various debt accounts. You may end up looking for an easy and quick way to clear off your debt and may even dig into your savings or […]
Letter of Undertaking is commonly known as LUT is prescribed to be furnished in form GST RFD 11 under rule 96A of CGST Rules, 2017, whereby the exporter declares that he/she would fulfil all the requirements prescribed under GST while exporting without making IGST payment. In this article we have explained how a Exporter can […]
India’s fight against the Corona global pandemic is moving ahead with great strength and steadfastness. It is only because of your restraint, penance and sacrifice that, India has so far been able to avert the harm caused by corona to a large extent. You have endured immense suffering to save your country, save your India.
What is Salary? ‘Salary’ is a fixed and regular remuneration made by an employer to an employee on a periodic basis. The actual receipt of salary in the previous year is not material as far as its taxability is concerned. The existence of employer – employee relationship is absolutely essential for taxing a particular receipt […]
(Updated as on April 14, 2020) 1. What is RBI’s role with regard to conduct of Government’s banking transaction? In terms of Section 20 of the RBI Act 1934, RBI has the obligation to undertake the receipts and payments of the Central Government and to carry out the exchange, remittance and other banking operations, including […]
Below is an overview of some of the most relevant statutory compliances wherein relaxation is provided in statutory timelines (including reduction in interest rates/fees in some cases).
Detailed Analysis of Relaxations/Relief Given On Various GST Return Filling Compliances In View of Covid-19 At the outset the entire country is facing the huge medical crisis resulting from spread of Coronavirus. Entire country is ordered by Government to be under a lockdown. In this troubling time in order to ease the burden of GST […]
it is of utmost importance for the office of DGFT and Ministry of textiles to provide the benefit of ROSCTL to all exporters of goods falling under chapter 61,62, 63 irrespective of whether the goods are being exported by EOU or SEZ units or by an advance authorization holder or under the duty drawback scheme.
As per Incoem Tax- COST INFLATION INDEX in relation to a previous year, means such index as the Central Government may, having regard to 75% of average rise in the Consumer Price Index (urban) for the immediately preceding previous year to such previous year, by notification in the official Gazette, specify, in this behalf.
