The 43rd GST Council meeting under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman via video conferencing on Friday, 28th day of May, 2021 via video conferencing in New Delhi to discuss various matters which includes, GST Amnesty Scheme, Relaxation in Returns Filings, exemption on GST for hand sanitisers, face masks, […]
43rd GST Council meeting outcome : 8 Key highlights dated 28th May, 2021 The 43rd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman via video conferencing today i.e. 28th day of May, 2021 via video conferencing in New Delhi. Union minister of state (MoS) for finance Anurag […]
The Food Processing Industry (FPI) is of enormous significance as it provides vital linkages and synergies that it promotes between the two pillars of the economy, i.e. agriculture and industry. India is the world’s second largest producer of fruits & vegetables after China but hardly 2% of the produce is processed. The Food Industry/Sector in […]
CBDT issued Income Tax circular No. 09/2021 dated 20.05.2021, in exercise of its power under section 119 of the Income-tax Act, 1961 w.r.t. Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic and spike in Covid-19 cases: Extended Income Tax Due Date Chart after Considering circular […]
(The Food Safety and Standards (Labelling and Display) Regulations, 2020) MINISTRY OF HEALTH AND FAMILY WELFARE, Food Safety and Standards Authority of India (FSSAI) vide Notification No. F. No. 1-94/FSSAI/SP(Labelling)/2014(Pt-2) issued dated 17th November, 2020 and published in Gazette on 10.12.2020, has come up with The Food Safety and Standards (Labelling and Display) Regulations, 2020 […]
Delhi, CM, yesterday on 25th day of April, 2021 has announced and extended the Lockdown in Delhi for further period of one week, till 03rd May, 2021 (till 5 am). Earlier, lockdown was imposed last week, from April 19, 2021, to April 26, 2021. Only the essential services will be allowed during the lockdown and […]
The Council of the Institute of Company Secretaries of India (ICSI) has notified ICSI (Continuous Professional Education) Guidelines, 2019 {‘ICSI (CPE) Guidelines, 2019’} for every member of the ICSI. Extension of CPE Timeline for the year 2020-21 Kindly note that ICSI on 27th March, 2021 has given notification stating EXTENSION OF TIME FOR OBTAINING THE […]
What is GST Audit? Audit under GST is the process of examination of records, returns and other documents maintained by a taxable person. The purpose is to verify the correctness of turnover declared, taxes paid, refund claimed and input tax credit availed, and to assess the compliance with the provisions of GST. Key Objective: 1. […]
The Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations, 2020 MINISTRY OF HEALTH AND FAMILY WELFARE, Food Safety and Standards Authority of India (FSSAI) vide Notification No. F. No. Stds/SP(water and Beverages)/Notification(1)/FSSAI-2019 dated 18th December, 2020 has come up with the Food Safety and Standards (Alcoholic Beverages) First Amendment Regulations, 2020 in exercise of […]
Employees’ Provident Fund Organization (EPFO), India Ministry of Labour & Employment, Government of India has issued and launches electronic facility for PRINCIPAL EMPLOYERS to view EPF compliances of their contractors. EPFO has introduced a facility for interlinking of Principal Employers with respective contract employers for effective compliance. ♥ Principal Employer: In a factory, the owner […]
