CBIC rationalizes late fee for delay in filing of return in FORM GSTR-3B and provided conditional waiver of late fee for delay in filing FORM GSTR-3B from July, 2017 to April, 2021 for specified taxpayers and specified tax periods vide Notification No. 19/2021 – Central Tax- Dated 1st June, 2021 to give effect to Recommendations […]
CBIC provides relief by lowering of interest rate for a specified time for tax periods March, 2021 to May, 2021 for late filing of monthly/quarterly returns in Form GSTR-3B or PMT-06 challans as well as for late filing of statement in Form CMP-08 by the composition tax payers vide Notification No. 18/2021 – Central Tax- […]
The due date for furnishing details of outward supplies in Form GSTR-1 for the month of May-2021 has been extended from 11th June, 2021 to 26th June, 2021 vide Notification No. 17/2021 – Central Tax- Dated 1st June, 2021 to give effect to Recommendations of 43rd GST Council Meeting. Government of India Ministry of Finance […]
Section 112 of the Finance Act providing for retrospective amendment in Section 50 of the CGST Act related to levy of interest has been notified w.e.f. 01.06.2021 vide Notification No. 16/2021 – Central Tax- Dated 1st June, 2021. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs New […]
CBIC provides relief by lowering of interest rate for a specified time for tax periods March, 2021 to May, 2021 vide Notification No. 02/2021–Union Territory Tax dated 1st June, 2021 to give effect to Recommendations of 43rd GST Council Meeting. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and […]
Seeks to provide relief by lowering of interest rate for a specified time for tax periods March, 2021 to May, 2021 vide Notification No. 02/2021–Integrated Tax Dated 1st June, 2021 to give effect to Recommendations of 43rd GST Council Meeting. Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs […]
The Finance Act, 2021 provides tax incentives for relocating foreign funds to International Financial Services Centre (IFSC) in order to make the IFSC in GIFT City a global financial hub.
The export of Amphotericin-B injections falling under the ITCHS Codes specified above or falling under any other HS Code is restricted, with immediate effect.
File No. 31026/60/2020-Policy Government of India Ministry of Chemicals and Fertilizers Department of Pharmaceuticals Operational guidelines for the Production Linked Incentive (PLI) Scheme for Pharmaceuticals Dated: 1st June, 2021 1. Objective The objective of the scheme is to enhance India’s manufacturing capabilities by increasing investment and production in the sector and contributing to product diversification […]
Securities Exchange Board of India (‘SEBI’) vide its Circular dated May 31, 2021, has notified amendment in format of Compliance report on Corporate Governance to be submitted by listed entities. SEBI has added ‘Annex IV’ to be submitted on a half yearly basis (w.e.f. first half year of the FY 2021-22) which shall cover details of loan/ […]
