CBIC vide Notification No. 01/2021-Integrated Tax Dated: 1st May, 2021 provides Relaxation in the interest rate based on Turnover to those who have to file GSTR 3B and also to Composition dealers. Relaxation is for Tax Period ending on 31st March 2021 and for 30th April 2021. Ministry of Finance (Department of Revenue) (Central Board of […]
Do you know that this IPL season you can win exciting prizes by just paying your credit card bills? CRED is a digital platform which rewards you for paying your dues with downright unbelievable rewards. As the official sponsor for the Indian Premier League for 2021, the company has decided to bust the gut with […]
Section 142 of the Social Security Code – 2020 Notified Aadhaar mandatory from 3rd day of May, 2021 under Code on Social Security, 2020 for availing (a) registration as member or beneficiary; or (b) seeking benefit whether in kind, cash or medical sickness benefit or pension,gratuity or maternity benefit or any other benefit or for […]
In Re Distribution of Essential Supplies And Services During Pandemic (Supreme Court of India) In light of the continuing surge of infections in the second wave of the pandemic, we direct the Central Government and State Governments to put on record the efforts taken to curb the spread of the virus and the measures that they […]
CBDT notifies vide Notification No. 40/2021 dated 30th April 2021 Income Tax rule 44DA and FORM No. 34BB for Exercise of option to withdraw pending application under sub-section (1) of section 245M of the Income-tax Act, 1961. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 40/2021-Income Tax Dated: […]
CBIC amends notification No. 27/2021-Customs to exempt customs duty on import of Inflammatory Diagnostic (marker) kits, namely- IL6, D-Dimer, CRP(C-Reactive Protein), LDH (Lactate De-Hydrogenase), Ferritin, Pro Calcitonin (PCT) and blood gas reagents, up to 31st October, 2021. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi Notification No. 29/2021-Customs Dated 30th April, 2021 […]
Maharashtra extends all the restrictions that have been imposed vide `Break the Chain’ orders dated 13th April, 2021 and 21st April, 2021 along with all additions and clarifications issued thereof in the State till 7 AM on 15th May, 2021. GOVERNMENT OF MAHARASHTRA Department of Revenue and Forest, Disaster Management, Relief and Rehabilitation, Mantralaya, Mumbai- […]
As part of the Statement on Developmental and Regulatory Policies released along with the Monetary Policy Statement on April 7, 2021, the Reserve Bank of India had announced setting up of a Committee to undertake a comprehensive review of the working of Asset Reconstruction Companies (ARCs) in the financial sector ecosystem and recommend suitable measures for enabling such entities to meet the growing requirements of the financial sector.
Government extends time for payment of amount payable under the Direct Tax Vivad se Vishwas Act, 2020, without an additional amount, to 30th June, 2021 vide Notification No. 39/2021-Income Tax, Dated: 27th April, 2021. Also Read: Government extends timelines for Income Tax Assessment (Read Notification) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT […]
Important Announcement regarding Postponement of the ICAI Chartered Accountants Examinations – Final & Intermediate Course which are scheduled to be held in May 2021 in view of the ongoing COVID-19 pandemic. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) Examination Department The Institute of Chartered Accountants of India Dated: […]
