Due to the Covid-19, the Income Tax department on Wednesday said it has issued over Rs 24,792 crore refunds to more than 15 lakh taxpayers so far this fiscal. Of this personal income tax refunds worth Rs 7,458 crore has been issued in over 14.98 lakh cases. Corporate tax refunds of Rs 17,334 crore have … Read more
Due to the Covid-19 pandemic, the Goods and service Tax Network (GSTN) department announced that the GSTR-2B for April 2021 will be generated after the Due dates. In this article we will discuss on Date of GSTR-2B (Details of ITC) for April 2021 extended. What is IFF and GSTR-1? The Invoice providing Facility (IFF) is … Read more
The Agricultural and Processed Food Export Development Authority, a wing of the central government runs various schemes for the promotion of processed food and agricultural products. Recently APEDA extends the timeline for Financial Assistance for the Agricultural and Processed Food Export Promotion Scheme and it will continue until 30.06.2021. The extended timeline has opened the gate … Read more
EPF account holders are eligible for the benefits of Provident fund (PF) under the Employees’ Provident fund. The employer is responsible for deduction and the EPF funds provide social security for the eligible candidates. Equal contribution is one of the key elements wherein both the employee and the employer have to contribute 12% of the … Read more
The Cabinet approves MoU between ICAI and QFCA. Consequently, It will now have a positive impact on the economies of both countries. Therefore, to start availing the benefits, the business in India should hire experts for Bookkeeping and Accounting Services. In this article, we will read about the news of Cabinet clears India-Qatar deal on … Read more
Nowadays, the Business houses are entering into sale and lease back transaction of capital assets to meet the working capital provision of the transaction. The Sale and lease back transaction requires to be carefully analysed to deduce the correct tax implications.A humble attempt to list down the GST implication on sale and lease back transaction. … Read more
Queue Associates, Inc is a Microsoft partner that deals with the consultation and execution services of Microsoft Dynamics 365 intelligent business applications. Moreover, the firm also offers services to other Microsoft complementary products. Recently, Queue Associates Inc. Microsoft Dynamics Gold Partner Achieves ISO Certification and this is a big achievement for Queue Associates. The International … Read more
Since last year or so, the whole country is going through tumultuous patches for society as a whole. Present second wave of COVID-19 has put the resources of country at greater strain wherein the entire humanity is struggling to keep their hope float leave alone the prospects of future. The problem is increased manifolds in … Read more
Due to the Covid-19 pandemic, the central government has provided some relaxation to the taxpayers for the timeline of filing the ‘Application for Revocation of Cancellation’ has been extended to 180 days from 90 days which will be valid up to 15th June 2021. In this article we will discuss on Timeline for Revocation of … Read more
Trademark is a unique way to distinguish the products from the competitors and it promotes the goods too. Moreover, if you are an entrepreneur and acquire the trademark license then you will have the right to assign a mark on your products to separate the products from others. To get the trade license, you will … Read more