DGIT(S)/ADG(S)-2/Compliance Check/432/2021-22 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 01 of 2022-Income Tax New Delhi, 09th June, 2022 Compliance Check Functionality for Section 206AB & 206CCA of Income-tax Act 1961 Section 206AB and 206CCA of the Income-tax Act,1961 (effective from 1st July 2021 and […]
Stay informed with the latest regulatory updates for May 2022. Explore changes in Company Law, Securities Law, MSME Development Act, and Insolvency Law. Understand due dates for compliance under various laws. Keep your business compliant and thriving.
Once the amount is properly reflected in the ledger as outstanding and payable, the Statute of limitation begins on the following date.
Secure your familys financial future with the Married Womens Property Act, 1874. Learn how this legal provision safeguards insurance proceeds from creditors, ensuring your loved ones receive the benefits. Dont let debts compromise your familys well-being; understand the provisions and benefits of the MWP Act today. Discover the simple and cost-effective process to cover your life insurance policy under this act, providing long-term protection for your family.
Explore Imports of Goods and Services under Indian FEMA with expert insights. Learn about legal provisions, RBI guidelines, operational aspects, and compliance essentials. Stay informed on advance remittances, RBI directions, and DGFT regulations. Stay compliant with seamless import procedures.
Article 279A of our Constitution gave birth to a new constitutional body called GST Council. The question which always lingers in our mind is whether the decisions taken by the GST council is it binding on the Central and State Governments? Are they obliged to follow all the decisions taken by GST council?
In re MEK Peripherals India Pvt Ltd. (GST AAR Maharashtra) Incentives received for market services within India cannot be considered as trade discount nor export service The AAR, Maharashtra in the matter of M/s. MEK Peripherals India Pvt. Ltd., [Advance Ruling No. GST-ARA-59/2020-21/B-56 dated April 27, 2022] has held that incentives received by the Indian […]
Find out how to pack the best bag for a long-haul journey with advice on investing, tips and tricks from experts in the field, and learn what you need to know before making decisions for future prospects.
In re N. B. Patil (GST AAAR Maharashtra) Q1. Whether the Turmeric (Turmeric in Whole form – not in powder form) is covered under the definition of ‘Agricultural Produce’ and exempted from GST? If not, what is the HSN code of Turmeric and the rate of GST on the Turmeric? A1. The Turmeric (Turmeric in […]
GST Revenue collection for May, 2022 Rs. 1,40,885 crore gross GST Revenue collection for May, 2022; increase of 44% year-on-year GST collection crosses Rs.1.40 lakh crore mark 4th time since inception of GST; 3rd month at a stretch since March, 2022 The gross GST revenue collected in the month of May, 2022 is Rs.1,40,885 crore […]
