Latest Tax Updates, News, Articles & Notifications
The Government has issued several notifications in order to implement the compliance relaxation announced by Hon’ble Finance Minister amid Pandemic COVID 19. We have compiled various Clarification on Extension for … Read More
IT Department to release all pending income tax refunds up to Rs 5 lakhs immediately ; Around 14 lakh taxpayers to benefit.
This post contains various Compliance requirements under Statutory Laws for the Month of April 2020.
The Finance Act 2020 has reintroduce the old system to tax dividend in the hands of shareholders and has removed Dividend Distribution Tax on Companies and exemption under section 10(34).
Now convert your dormant, defaulting and inactive companies Active by applying in Companies Fresh Start Scheme, 2020 In furtherance of the Ministry of Corporate Affairs Circular No. 11/2020, dated 24th … Read More
Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for GSTR3B filings as bellow :
Goods & Service Tax (GST) Registration Requirement : Businesses whose turnover exceeds Rs. 40 lakhs* (Rs 10 lakhs for NE and hill states) is required to register as a normal … Read More
In the view of the outbreak of COVID-19 the FM had announced various relief measures regarding statutory compliance related to Income Tax and GST. The FM passed an ordinance to … Read More
Rates of TDS applicable for Financial Year 2020-21 Assessment Year 2021-22.
A. Individual Tax Slab Rates Finance Act 2020 has given choice to Individuals & Sole Proprietor Business and Profession to chose between a New Slab Rates or Continue with old … Read More
