Who shall file Form MSME-1? All companies must file Form MSME-1 (Form) which has either defaulted in making payment or has made delayed payment to their micro and small vendors.
Dive into the analysis of guidelines for the Special All-India Drive against fake GST registrations from May 16 to July 15, 2023. Understand the identification of suspicious GSTINs, consequences for non-existent taxpayers, and precautionary measures for genuine registered persons. Explore the field officer’s verification process and crucial details to keep ready during field visits to ensure compliance and prevent any adverse actions. Stay informed to navigate through the complexities of this nationwide drive effectively.
Finance Act, 2023 introduced significant amendments related to Micro, Small, and Medium Enterprises (MSMEs) in India. One of the key changes pertains to the payment compliance and deductions for MSMEs. Let’s explore the definition of MSMEs, the amendment to Section 43B of the Income Tax Act, and provide some author remarks on the matter.
Explore the comprehensive labor law reforms in India, understanding the changes in wage regulations, industrial relations, occupational safety, health, and social security. Learn about the implications for workers and businesses as India strives to create a harmonious and progressive labor ecosystem.
Every Company working toward timely close of the financial records should Establish correct processes and systems, a reliable accounting system, Hire the right people, Written process and procedures in the accounting department.
Explore the intricacies of categorizing a Section 8 company as a Material Subsidiary under SEBI (LODR) Regulations, 2015. Uncover the criteria and considerations for this classification.
Article is aimed at providing knowledge about the treatment of RPF/Annuity/Gratuity in the hands of Employee and also discuss the treatment of income in the hands of approved recognized Provident Fund Trust/ Provident Fund to which PF Act, 1925 applies / approved Superannuation fund Trust/ Approved Gratuity Fund.
Unlock the intricacies of setting up trusts for employee benefits. Dive into the nature, objectives, and conditions for trust approval by the Income Tax department. Comprehensive insights for seamless compliance.
जीएसटी एक्ट में Accounts And Records की समीक्षा जीएसटी एक्ट 2017 के चैप्टर सात के शीर्षक अकाउंट्स एंड रिकॉर्ड्स में सेक्शन 35 और 36तथा नियम 56 की समीक्षा प्रस्तुत है। जिसे आसान भाषा में प्रत्येक विषय पर अलग-अलग समीक्षा के रूप में प्रस्तुत किया गया है ।जैसा कि आप सभी को ज्ञात है । कि […]
Uncover the intricacies of Reverse Charge Mechanism (RCM) under GST law. From understanding the shift in tax liability to exploring specified categories of goods and services, delve into the comprehensive guide for smooth compliance.
