"December, 2021" Archive - Page 5

IGST Rate on Footwear Increased WEF 01st January 2022

Notification No. 21/2021-Integrated Tax (Rate) [G.S.R. 921(E).] 31/12/2021

Notification No. 21/2021-Integrated Tax (Rate) | Dated 31st December, 2021 Government removed Entry No. 225 of Notification No.1/2017-Integrated Tax (Rate), dated the 28th June, 2017 in IGST ‘Schedule I –5%‘ by which Footwear were Taxed at the IGST Rate of 5%  for Footwear of sale value not exceeding Rs.1000 per pair. Gove...

Read More

CGST Rate on Footwear Increased WEF 01st January 2022

Notification No. 21/2021-Central Tax (Rate) [G.S.R. 920(E).] 31/12/2021

Notification No. 21/2021-Central Tax (Rate)| Dated 31st December, 2021 Government removed Entry No. 225 of Notification No.01/2017- Central Tax (Rate), dated the 28th June, 2017 in CGST ‘Schedule I –2.5%‘ by which Footwear were Taxed at the Rate of 5% (2.5% CGST + 2.50% SGST) for Footwear of sale value not exceeding Rs.1000...

Read More

9 Commonly occurring procedural lapses in Assessment Proceedings

F No. NaFAC/Delhi/CIT-3/2021-22/340/148 31/12/2021

Commonly occurring procedural lapses in Assessment Proceedings as observed while analysing Writ petitions filed between 01/04/21 to 21/12/21- Assessment order has been passed even before the due date for reply allowed in the SCN/ DAO....

Read More

Representation regarding Extension of Income Tax Due Dates

District Taxation Bar Association (Direct Taxes), Ludhiana has made a representation to FM Smt. Nirmala Sitharaman Ji and  requested for extension of time for filing income tax returns in the light of the issues and problems being faced by the Members & the Assessees. District Taxation Bar Association (Direct Taxes), Ludhiana Dated: ...

Read More

Interest rates of small saving schemes for Jan 22 to Mar 22

F.No.1/4/2019-NS 31/12/2021

Interest rates of small saving schemes for the Fourth quarter of financial year 2021-22 starting from 1st January, 2022 and ending on 31st March, 2022 shall remain unchanged from the current rates applicable for the third quarter (1st October, 2021 to 31st December, 2021) for FY 2021-22. Small saving schemes includes PPF, NSC, Senior Citi...

Read More

1 जनवरी 2022 से जीएसटी कानून में कुछ बड़े बदलाव लागू

अगर हम जीएसटी मे होने वाले बदलावों की बात करे तो इनका नाता 1 जनवरी की तारीख से विशेष रहा है। सरकार हर वर्ष नए साल की शुरुवात की तारीख ...

Read More

Extension of time for submission of life certificate for pensioners

No.18/1/2020-P&PW(H)-III-6786 31/12/2021

Now, all Central Government pensioners may submit Life Certificate till 28.02.2022. During this extended period, the pension will be continued to be paid by Pension Disbursing Authorities....

Read More

Which term insurance plan should I buy in India?

It is how life insurance and life are interconnected. Owning life insurance is a mandate, and one should never underestimate it's a necessity in life because catastrophes or unfortunate events don't inform and arrive....

Read More

Complete Analysis of Notification No. 40/2021-Central Tax Dated 29.12.2021

Notification No. 40/2021 29/12/2021

Notification No. 40/2021 – Central Tax Dated.  29th December 2021 1. Rule 36(4) has been substituted to provide ITC shall not be available to the registered person unless such invoice and debit note has been reflected in GSTR 2B of said person. 2. The due date for GSTR 9 as well as for GSTR 9C […]...

Read More

Changes in GST (Effective from 1st January, 2022)

Many Important Changes in GST has been effective from 1st January 2022. In this article Author have tried to cover  changes vide Notification No. 14/2021-Central Tax) & Notification No. 15/2021-Central Tax dated 18th November 2021 and also change in following provisions- ♦ Provisions as Proposed in Section 108 | 109 | 113 to 122 o...

Read More

Search Posts by Date

May 2022
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031