On 28th September 2022, CBIC issued a notification to extend the time limit for completion of major compliances of previous financial year 21-22 under GST Act till 30th November 2022 or furnishing of the relevant annual return (GSTR-9), whichever is earlier.
A PEO (professional employer organization), is a full-service co-employment human resource outsourcing structure. In this arrangement, the PEO works on behalf of a company to handle numerous personnel administration duties like payroll and benefits administration.
An important aspect of a taxing statute is the demand of the tax which appears to the authorities as not paid. GST is primarily a self-assessed tax. But situations arise when it appears to the tax authorities that the tax has not been correctly self-assessed, or it has been outrightly evaded. The situation may also go beyond a demand simpliciter and warrant a penal action.
Learn about the procedure for rights issue by listed companies including key aspects and sequence of events. Get insights into the eligibility criteria and restrictions for making a rights issue.
Discover the friendly provisions of GST for a taxpayer. Experience minimum compliance, reduced costs, and zero litigation under the GST Law.
A valuation is an estimate of how much a business, property, antique, or asset is worth. If you have a business and seek funding from investors, they will need to know how much your enterprise is worth.
Understanding the PoSH Act 2013 and its significance in preventing sexual harassment of women at work. Learn about its regulations and implementations.
Rule 86B has been introduced which has imposed 99% restricted on ITC available in Electronic Credit Ledger of Registered Person. This means 1% of output liability to be paid in cash. This limitation is applicable where the value of taxable supply other than exempt supply and zero-rated supply, in a month exceeds Rs. Fifty Lakh Rupees. The intent of law is to curb fake invoicing by requiring him to pay tax in cash.
Understanding the Constitutional Validity of Section 7(5) of the Integrated Goods & Services Tax Act. Analyzing its impact on inter-State supply and tax collection.
Explore the One Nation One Housing Policy and its impact on common Indian citizens, professionals like CAs, CMAs, Architects, RERA brokers, lawyers, and more.
