Pursuant to Relief package announced by RBI vide circular named ‘COVID-19 – Regulatory Package’, for the term loans by all lending institutions (Banks, NBFCs, Financial Institutions), a moratorium of three months have been permitted to be allowed for all installments(principal, interest, bullet repayment, EMIs, credit card dues) falling due between 1 March 2020 and 31 […]
Prime Minister, Sh. Narender Modi in his address to the nation on 14.04.2020 declared extension of the lockdown till 03rd May, 2020 and relaxations could be given to certain areas with proper guidelines till April 20, every block, district, and state will be analysed closely about the enforcement of the lockdown and how much ever […]
Cash transaction leaves no trail of the payer that causes tax evasion & black money. It affects the Indian economy by dual aspect one is revenue deficit to government and another one is unaccounted money that cannot flow in the economy. Both of these problems terribly effects the development of a country. That’s why government […]
Everyone knows that Income from salary, rental income and business income is taxable under their respective heads. But what about income from sale or purchase of securities? Many stakeholders which includes homemakers, retired people, youth, working professionals spend their time gainfully buying and selling securities but are unsure of how this income is taxed. The […]
Test anxiety can affect not just the result of your certification exam but also your wellbeing. It may lead to exam failure, or worst, mental breakdown! And if you don’t want to pull a stressful all-nighter, there’s no better way than to have a game plan. For those who plan to take Microsoft exam 70-741, […]
Our great nation is going through a critical crisis due to the outbreak of COVID-19 However 130 core Indian are very confident that due to various steps taken by the Central and respective State Government, life will become normal again very soon.
INTERVIEW WITH GST EXPERT CA BIMAL JAIN BY CA SUDHIR HALKHANDI Today I have with me one of the biggest Experts of GST CA Bimal Jain, The GST Guru. CA Bimal Jain is a qualified Chartered accountant 1994. He is FCA, FCS, and LLB. He is the chairman of Indirect Tax committee of PHD chamber […]
Interpretation has been provided for the clarification issued by CBIC through Circular no 137/07/2020 dated 13.04.2020. Due to spread of Novel Corona Virus, various difficulties have been faced by the taxpayers. In order to reduce the burden of taxpayers the government is coming up with various relief measures on day to day basis for facilitating […]
As per para 18 (ii), all Ministries/Departments under Government of India to function with effect from 20th April, 2020. Offices of the Government of India, its Autonomous/ Subordinate offices will remain open, as mentioned below: (i) Defence, Central Armed Police Forces, Health and Family Welfare, Disaster management and Early Warning Agencies (IMD, INCOIS, SASE and National Centre of Seismology, CWC), National Infomatics Centre (NIC), Food Corporation of India (FCI), NCC, Nehru Yuva Kendras (NYKs) and Customs to function without any restriction.
A. MCA in continuation with its LLP SETTLEMENT SCHEME, 2020 vide General Circular No. 06/2020 dated on March 04, 2020 issues MODIFIED LLP SETTLEMENT SCHEME, 2020 vide general circular no 13/2020 dated March 30, 2020 in order to provide relief to defaulting LLPs registered in India. B. Following are the changes/modification made to Scheme: 1. […]
