Follow Us :

Archive: March, 2021

Posts in March, 2021

Notice for Inviting applications for Engagement of retired PPS/PS/PA from Central Government as Consultants in NFRA

March 18, 2021 1596 Views 0 comment Print

Notice For Inviting Applications For Engagement Of Retired Principal Private Secretary (PPS) / Private Secretary (PS) / Personal Assistant (PA) From Central Government As Consultants

Supreme Court Judges (Amendment) Rules, 2021

March 18, 2021 1695 Views 0 comment Print

These rules may be called the Supreme Court Judges (Amendment) Rules, 2021. (2) They shall come into force on the date of their publication in the Official Gazette.

Denial of ITC refund for technical glitches in GSTN software is unfair

March 18, 2021 8964 Views 1 comment Print

If the assessee was otherwise eligible to refund, the refund claim ought not to be denied on the ground of technical glitches and error occurred due to auto-population in Goods and Service Tax Network (GSTN) software. Nothing can be more unfair.

MCA notifies amendment in Section 149 & 197 of Companies Act 2013

March 18, 2021 29970 Views 0 comment Print

MCA notifies amendment in Section 149(9) (Remuneration of Independent Director In case of absence or inadequate profits) & 197 (Overall Maximum Managerial Remuneration and Managerial Remuneration in Case of Absence or Inadequacy of Profits) of Companies Act 2013 by notifying section 32 & 40 of Companies Amendment Act, 2020 with effect from 18.03.2021. A. Amendment […]

No proposal for scrutiny of GST assessment in a faceless mode

March 18, 2021 5709 Views 0 comment Print

In a tweet Anurag Thakur, MoS for finance has clarified that there is No such proposal for scrutiny of GST assessment in a faceless mode is under consideration of the government presently as the GST laws and rules made thereunder already provide for electronic filing and assessment of returns on the common portal,With regard to […]

Remuneration Limit for non-executive/independent director notified

March 18, 2021 11979 Views 0 comment Print

MCA notifies maximum Remuneration payable by companies having no profit or inadequate profit to other director or directors (non-executive director or an independent director) by amending Schedule V of the Companies Act, 2013. Earlier the limit was only for managerial person. Also Read-MCA notifies amendment in Section 149 & 197 of Companies Act 2013 Government […]

e-Way Bill – 3 Updates from 17th March 2021

March 18, 2021 47040 Views 19 comments Print

 Latest Updates: 17/03/2021 1. e-Way Bill cannot be generated with only SAC codes(99) for Services, minimum one HSN code belonging to Goods is mandatory. 2. Vehicle type ODC is provisioned for transport mode ‘Ship’ 3. Transporters are provided with Report of e-Waybills based on assigned Date.

Chartered Accountancy Qualification Equivalent to Post Graduate Degree

March 18, 2021 13917 Views 1 comment Print

Opportunities for CA professionals are increasing and these may be ceremoniously tapped, provided we accept our times and the paradigm shift in the profession as its essential feature. To be future-ready, the CA profession has been re-inventing and upgrading itself in tune with the challenges of the dynamic economy of the country as well as that of the globe. It is a compound learning process-learn, unlearn and then learn again; all professionals should integrate themselves with this process of learning.

Govt initiatives to provide world market for industries & farmers

March 18, 2021 366 Views 0 comment Print

India’s share in world merchandise exports remained constant at 1.7% in 2017, 2018 and 2019 (Jan-Dec). However, India’s rank as an exporter improved from 20th position in 2017 to 18th position in 2019 (as per latest available WTO press releases), indicating that the credibility and demand of Indian products are increasing in the world market.

Tax Planning & steps to take before 31st March 2021 – Capital gain tax perspective

March 18, 2021 28008 Views 9 comments Print

My objective is to brief on existing capital gain tax structure on short term and long term transactions and to give ‘To do list before March end’ which helps to minimize the tax.

Search Post by Date
May 2024
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031