Nowadays, most of us spend hours on social media. Social media is the simplest way to stay connected with friends, family members, and office colleagues. It is also considered the newest way to remain updated about the various things happening around the globe like new product launches, current affairs, and the latest trends. So now, … Read more
A relief for taxpayers as GSTR 3B GST Return Filing Due Date extended for April 2022. The notification was released by the CBIC yesterday i.e. on 17th May 2022. The GSTR 3B GST Return Filing Due Date and due date of payment of tax for the month of April, 2022 by taxpayers under QRMP scheme … Read more
There are various items that are GST exempt On Service Provided To Government Organisations. Similarly, there are also services that are exempt from GST. In this article, you will understand the concepts of GST exemption on services provided to government organizations, What is Exempt Supply? The exempted list includes the following types of supplies: All the … Read more
The income tax department is working aggressively to tax unaccounted income and the taxpayers now need to be very careful while declaring/her income during Income Tax Return filing. ITR Filing disclosing all income should now be done on time and with transparency. Not doing so will result in a notice from the income department and … Read more
The Food Safety and Standards Authority of India (FSSAI) has begun the State Food Safety lndex process for 2021-2022, and the food authority has addressed all states and union territories’ food safety commissioners, requesting that they provide necessary facts about food safety by May 10, 2022. In this article, you will understand the latest updates … Read more
The government has expanded the mandate for e-invoicing or real-time reporting of business-to-business sales to all businesses. Currently, those with sales of more than 50 crores are required to use e-invoicing. However, with the latest notification, the Central Board of Indirect Taxes and Compliance has decided that the latest changes will take effect on April … Read more
Companies are relieved as the ROC deadline for the AGM of FY 2020-21 has been extended. Requests from various corporations and other stakeholders prompted this new MCA notice. A postponement of the FY21 Annual General Meeting (AGM) was requested by corporations all around the country. Company annual compliance deadlines for FY-2021-2022 were previously extended by … Read more
A version of the Union Budget for the year 2022 was unveiled on February 1 by Finance Minister Nirmala Sitharaman. Sitharaman, India’s Finance Minister, delivered the Union Budget 2022 to Parliament. In honor of “Azadi ka Amrit Mahotsav 2022,” the budget has been termed the “Amrit Budget.” According to the Finance Minister, India’s GDP growth … Read more
The Government has released a new and strict tax regime for the corporations in India. As per the latest notification, MCA increased additional fees on Forms for late filing. Now the delay in compliance can cost you a hefty amount. Hence, it is the right time to file all the pending forms and arrange the … Read more
A piece of good news for taxpayers as CBIC extends annual GST return filing due date of FY-21. This was done as multiple businesses were requesting the extension of the deadline for the financial year 2020-21 which ended in March 2021. The CBIC notified this good news of the deadline extension on its official Twitter … Read more