The last date for furnishing of Annual Return in the FORM GSTR-9 / FORM GSTR-9A and Reconciliation Statement in FORM GSTR-9C for the financial year 2017-18 has been extended from 31st August, 2019 to 30th November, 2019. RoD Order No. 07/2019-CT dtd. 26.08.2019. Last date for Annual Returns- Last Date for filing of Annual returns […]
Today, investment planning is as important as earning. And why is that? In a volatile world like this, you never know what’s coming next for you. There might be an unexpected expense or rise in inflation, and all of this can create a financial imbalance in your life. The way you can deal with all […]
The due date of filing GST Annual Return in Form GSTR-9/9A & Reconciliation Statement in Form GSTR-9C is 31.08.2019. The utility of the Annual Return is such that taxpayers are facing difficulties in furnishing information particularly inward HSN summary, reconciliation of ITC with GSTR-2A and its matching with ITC populated in table 8A of GSTR-9. […]
Central Board of the Reserve Bank of India (RBI) today decided to transfer a sum of ₹1,76,051 crore to the Government of India (Government) comprising of ₹1,23,414 crore of surplus for the year 2018-19 and ₹52,637 crore of excess provisions identified as per the revised Economic Capital Framework (ECF) adopted at the meeting of the Central Board today.
Extend the due date for filing the GSTR-9 and GSTR-9C from August to December along with the filing of GTR-9C for the F.Y. 2018-19 so that all the compliances are made and the adjustments made in the following years gets reconciled at the same time.
In order to encourage investment in the capital market, it has been decided to withdraw the enhanced surcharge levied by Finance (No. 2) Act, 2019 on tax payable at special rate on income arising from the transfer of equity share/unit referred to in section 111A and section 112A of the Income-tax Act,1961(the ‘Act’) from the current FY 2019-20. The following capital assets are mentioned in section 111A and section 112A of the Act:
Life is always undefined and under this uncertainty it is highly imperative to secure your family’s financial needs in your absence. There are several insurance companies offering different types of term plans in the market. Selecting the best amongst them can certainly be difficult. Here you can learn the features of an ideal term plan […]
The results of the Chartered Accountants Intermediate Examination (Old & New Course) held in May – June, 2019 were declared today by the Institute of Chartered Accountants of India (ICAI). A. Chartered Accountants Intermediate (IPC) Examination- Old Course held in May- June, 2019 I. Details of top three rank holders on All India Basis for […]
Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman said here today that Competition Commission of India (CCI) should ensure Indian enterprises are safeguarded from abuse by entities operating from other jurisdictions. Smt. Sitharaman was speaking at the 10th anniversary celebrations of the CCI. Smt. Sitharaman said that CCI must keenly observe market developments around […]
Reform & Simplification –An Ongoing Endeavour Taxation – Ease of life for tax payers – Income tax, GST, Customs Prefilling of IT returns Faceless scrutiny from Vijaya Dashmi 2019 Reduction in GST returns and simplification of forms Refund process of GST simplified. Risk based approach in dealing with tax payers Labour laws Fixed term employment […]
