The gross GST revenue collected in the month of April, 2023 is ₹ 1,87,035 crore of which CGST is ₹38,440 crore, SGST is ₹47,412 crore, IGST is ₹89,158 crore (including ₹34,972 crore collected on import of goods) and cess is ₹12,025 crore (including ₹901 crore collected on import of goods).
The object of Section 80 is to benefit an assessee who approaches the Commissioner for a scheme of instalments. The sole exception to the application of Section 80 is in respect of admitted tax. The language in Section 80 is ‘other than the amount due as per the liability self assessed in any return’.
Get a certified true copy of the Board Resolution for calling the Annual General Meeting (AGM) of your company. Download the format, follow the steps, and ensure compliance.
Decoding recent Income Tax Notices on alleged bogus donations and cash deposits. Understand the implications, response options, and consequences.
Clearing the air on tax queries for Non-Residents in India. Understand residency criteria, tax implications, TDS, property transactions, and more.
Under the Industrial Disputes Act, 1947, a lockout is a temporary suspension of work by the employer as a result of a labor dispute. The Act defines a lockout as ‘the closing of a place of employment, or the suspension of work, or the refusal by an employer to continue to employ any number of persons employed by him.’
Explore TDS essentials: Section 194IA for Property Sale, 194N for Cash Withdrawals, 194O for E-commerce, and 194IB for Rent. Get insights on rates, thresholds, and compliance.
Understand GST ITC Reversal Section 16 of CGST Act, 2017 mandates reversal of input tax credit if payment for inward supply is not made within 180 days. Learn the nuances to avoid penalties.
Development of labour laws in India to protect women from sexual harassment at the workplace began with introduction of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013.
Brief of Paper issued by SEBI dated 20th February and 21st February 2023. Consultation paper aims to introduce amendments to the SEBI (LODR) which will strengthen corporate governance at listed entities by empowering shareholders and to address issues.
