THE TAXATION AND OTHER LAWS (RELAXATION AND AMENDMENT OF CERTAIN PROVISIONS) BILL, 2020 has created a lot of confusion regarding due dates of filing Income tax Returns for FY 2019-20 and FY 2020-21 and few other due dates. So, is the last ITR filing dates for AY 2019-20 and 2020-21 have been extended up till […]
What is REIT? And how will it affect Real Estate Market in India? REIT stands for Real Estate Investment Trust REIT got launched in India during March 2019, with Embassy REIT as the first IPO. REIT is a vast topic of discussion if we go into details like structure, taxation, rules, and regulations. In this […]
MSMEs are the backbone of the Indian economy; they are one of the largest employment generators and contribute roughly about 35% to the GDP. Recently the Government has shifted its focus on this micro, small and medium enterprises and have developed various schemes and measures to enhance their growth. After 14 years since the MSME […]
On 5th July 2019 Finance minister Nirmala Sitharaman in her maiden budget speech of Union Budget 2019 has proposed to extend income-tax benefit of Rs.1.5 Lakh towards interest paid on loans for buying Electric Vehicle. A new section 80EEB is been proposed to be inserted in Income Tax Act via Finance Bill 2019 to extend […]
Finally after a long waiting period GSTR-9C was been released and made available on GST portal on 14th April 2019 as a Tamil New Year gift to the nation. Last date for filing GSTR-9C along with GSTR-9 is 30th June 2019, though words repeatedly used in relation to filing of GSTR-9 and GSTR-9C is “along […]
