Income Tax : Explore 151 FAQs on Finance Bill 2025, covering tax provisions, IFSC benefits, TDS/TCS, transfer pricing, and more for informed fi...
Income Tax : Understand key changes in proposed Income Tax Bill 2025. This FAQ covers definitions, tax year, non-profits, exemptions, salary, h...
Income Tax : Learn about the simplification, stakeholder consultation, and structural reforms in the new Income-Tax Bill aimed at reducing redu...
Income Tax : Explore how new tax rebate under Section 87A allows individuals to avoid tax on incomes up to Rs 12 lakh. Learn through illustrati...
Income Tax : Learn the TDS process for NRI property sales in India, including rates, forms, and filing requirements. Ensure smooth compliance a...
Income Tax : Learn about advance tax, who needs to pay it, due dates, payment methods, penalties, and exceptions. Understand advance tax instal...
Finance : Learn about IFSCA regulations enabling foreign universities to set up branches in GIFT IFSC. Details include eligibility, fees, co...
Custom Duty : This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Dut...
CA, CS, CMA : Updates to UDIN portal include a shift from alphanumeric to numeric data type for figures across Certificates, GST & Tax Audit, an...
CA, CS, CMA : Detailed clarifications on ICAI's Peer Review Mandate, phases of implementation, applicability, and key definitions for audit prac...
SEBI : Learn about NSEs guidelines for filing Business Responsibility and Sustainability Reports (BRSR). FAQs, observations, and guidelin...
SEBI : Find answers to FAQs on Trading Window closure under SEBI (Prohibition of Insider Trading) Regulations, 2015, in the National Stoc...
Fema / RBI : Explore the recent RBI action against Paytm Payments Bank under Section 35A of the Banking Regulation Act, its impact on accounts,...
Corporate Law : Explore the updated FAQs on the implementation of the EPFO judgment dated 04.11.2022. Understand proof requirements, pension compu...
Corporate Law : Explore frequently asked questions on the SOP for inspection of establishments by EPFO. Get insights from related circulars, guide...
Field formations have reported that they are facing several issues while issuing EWB-06. A detailed FAQ has been prepared and enclosed herewith for easy reference of the field formations.
The Ministry of Corporate Affairs has provided a one time opportunity to the LLPs to make good their default by filing pending documents and to serve as a compliant LLP in future by introducing LLP Settlement Scheme, 2020 vide General Circular No 02/2020 dated 4th March, 2020 which will be applicable from 16th March, 2020 to 13th June, 2020.
The Central Government in exercise of its powers under Section 460 of the Companies Act, 2013 decided to introduce a scheme called “LLP Settlement Scheme, 2020” to grant the defaulting Limited Liability Partnership (LLP), a one-time window to condone the delay in filing of some statutorily required documents with Registrar. Ministry of Corporate Affairs (MCA) […]
Q 1. What is the LLP SETTLEMENT SCHEME -2020? Ans. In order to promote ease of doing business, the Central Government decided to give a Onetime relaxation in additional fees to the defaulting LLPs to make good their default by filing pending documents and to serve as a compliant LLP in the future. This scheme […]
After introduction of Vivad se Vishwas in Lok Sabha, several queries have been received from tile stakeholders seeking clarifications in respect of various provisions contained therein. Government has considered these queries and decided to clarify the same in form of answers to frequently asked questions
Article deals with FAQ related to Rectification of errors in case of return filed online. The article explains about how to file Rectification request, what if you get error in filing rectification u/s 154, What if demand been wrongly raised or refund been processed at lesser amount.
How to compute equivalent amount of incremental credit that can be deducted/exempted from the NDTL for the purpose of CRR? Whether factoring units of MSMEs discounted under the ‘Trade Receivables Discounting System (TReDs) are eligible for exemption/deduction?
Frequently Asked Questions on e-Invoice Q 1. What is an e-invoice? Ans: Issue of a tax invoice in an electronic format to the recipient and validated/authenticated by the tax administration before it is transmitted to the receiver. Q 2. Is it mandatory to issue e-invoice from the designated government portal? Ans: No, the tax invoice […]
The application to withdraw from the Composition levy is required to be filed within 7 days from the date when taxpayer fails to satisfy any condition of Section 10 of CGST/ SGST Act or rules made thereunder or a taxpayer may also voluntarily opt out of the Composition levy by filing an application.
In addition to filing the application to opt for Composition Levy, the Migrated taxpayers are also required to file a form for Stock Intimation to furnish the details of stock including inward supply of goods from unregistered persons, held by them on the day preceding the date from which they opt to pay the composition levy.
