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Archive: 02 July 2020

Posts in 02 July 2020

DGGI booked a case against unregistered Pan Masala/Gutkha manufacturing unit

July 2, 2020 696 Views 0 comment Print

Acting on specific intelligence the Directorate General of Goods and Service Tax Intelligence, Headquarters (DGGI, Hqrs) has unveiled an unregistered Pan Masala/Guthka factory, being run in Delhi.

Measures to discourage Cash Transactions by CBDT

July 2, 2020 5031 Views 3 comments Print

Measures taken to discourage Cash Transactions and to promote Digital Economy by CBDT Introduction:- a) Sections 269SS and 269T which deals with cash payment and repayment of loans and deposits. b) Both the sections were introduced to curb the black money. Tax evasion is one of the serious problems in India causing economic disparities. c) […]

Benefits for start-ups under income tax act

July 2, 2020 5670 Views 3 comments Print

Startup India is a flagship initiative of the Government of India which launched on 16th January, 2016, the Startup India Initiative has rolled out several programs with the objective of supporting entrepreneurs, building a robust startup ecosystem and transforming India into a country of job creators instead of job seekers. These programs are managed by […]

Ban of 59 mobile applications: its implications & effect on related business

July 2, 2020 1485 Views 0 comment Print

The scheming claims of all business on 29th June 2020 centered about the block of 59 applications which were said to be in activities which were prejudicial to sovereignty and integrity of India, defence of India, the security of the state, and public order. The list included popular mobile applications like Tik Tok, Mi Video […]

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