Owing to the difficulties faced by taxpayers due to Covid-19, the Indian Govt. has earlier undertaken various relief measures in April 2020 by way of providing relaxations in the last dates for undertaking various GST compliances. In view thereof, this month i.e. June 2020 is very crucial, since almost all the compliances for which relief […]
ITC of GST paid on works contract services – Significance of nature of property ‘permanent or movable’ and related accounting treatment Pursuant to Covid-19, the business across the globe has undergone various changes which not only includes changes in the working methodologies and IT processes but also includes changes in the physical working environment. The […]
In order to boost the ‘MAKE IN INDIA‘ concept and attract investments from overseas, various schemes have been recently introduced by the Central Govt. particularly relating to (I) Electronics sector and (II) Pharma sector. (I) Schemes for Electronics Sector To facilitate India’s position as a global hub for Electronics System Design and Manufacturing (ESDM) and […]
