a) We appreciate the alternate tax regime offered for personal taxation under section 115BAC. However please allow benefit of section 80D for medical insurance premium to help taxpayers to keep their medical policies alive in view of exorbitant expenses for hospitalisation & treatment even in case of taxpayers opting for sec. 115BAC.
To mitigate the hardships of the Assesses and the Professionals, it is suggested that this year the time for filing of all the Forms and Returns be extended to 31st March 2022 without any penal consequences
The Central Bureau of Investigation has arrested a Superintendent of CGST, Amaravati Division, Vijayawada while demanding & accepting bribe of Rs. 8,000/- from a complainant.
Prime Minister said today is a very important day for the banking sector and crores of bank account holders of the country as this day is witnessing how a big problem which was going on for decades has been solved. He stressed that the spirit of ‘Depositors First’ is very meaningful.
4.28 Crore bogus ration cards cancelled during the period of 2014 to 2021 Under the Targeted Public Distribution System (TPDS), the electronic Point of Sale (ePoS) devices at the Fair Price Shops (FPSs) are operated by the FPS dealers. Further, to ensure regular delivery of subsidised foodgrains to the differently abled and old-age National Food […]
i. Establishment of 52 Export Facilitation Centers (EFCs) across the country with an aim to provide requisite mentoring and handholding support to MSMEs in exporting their products and services to the foreign market.
COVID-19 has brought a new business model in India and over the globe, the Work from Home, (WFH) model which has evolved on its own has proved to be a successful model through out the country. It has accelerated the transi-tion from work in office spaces to working remotely in adverse situation.
Bill of Entry (BE) Regulations amended to ensure faster clearances of Imports -BE to be filed in advance as per the following time-limits: Latest by end of the day of arrival of the Vessel/Aircraft/ Vehicle 1. Imports from Bangladesh. Maldives, Myanmar, Pakistan and Sri Lanka at all Sea Ports 2. All imports at all Air […]
FORMAT FOR APPOINTMENT OF AUTHORISED REPRESENTATIVE FOR COUNTING (Rule 34) ELECTION – 2021 The Returning Officer/Officer-in-charge Counting Venue set up at Dear Sir, Re: Appointment of Authorised Representative for Counting Venue I am a candidate for election to the Central Council/________ India Regional Council of the Institute of Chartered Accountants of India from _____________ India […]
Maharashtra Tax Practitioners’ Association has made an Appeal for extension of due date for furnishing of Income-tax returns, Tax audit reports etc. & also represented on Issues faced by us after launching of new website. MAHARASHTRA TAX PRACTITIONERS ASSOCIATION (Formerly known as The Western Maharashtra Tax Practitioners’ Association) “Dnyan Mandir”, Yadav Vyapar Bhavan, Shivaji Road, […]
