RBI allowed NBFCs more time to comply with stringent bad loan guidelines RBI Given more time to comply with the new standards for converting non-performing loans to standard assets to… Read More
GSTN Enabled ability to file LUTs on GST Portal for FY 2022-23 Goods & Service Tax Network has enabled facility for filing Letter of Understanding for FY 2022-23 on… Read More
GST Changes on ITC will Impact Company Cash Flow With the implementation of recent revisions to the law, matching of ITC under the GST Tax became more complicated and costly for… Read More
Top Changes made under GST Amendments in Budget 2022 Under Budget 2022, certain relaxation, along with certain strictness were introduced by the Finance Minister for the GST Registered Taxpayers. Starting… Read More
Income Tax Assessment issues of Private Hospitals, Nursing Homes etc. Auditing Requirement for Private Hospitals, Nursing Homes etc When an entity's total income for the previous year exceeded the maximum amount… Read More
What are the Salaries Income which is not treated as Income under Salary head? Income taxable under the head of “salary” when there is existing a relationship of employer and… Read More
Key Highlights of Budget 2022 Finance Minister, N Sitharaman showed gratitude and empathized with those suffering from Covid-19 Pandemic. Thereafter, the Budget started with announcement, which was a push for… Read More
Tax relief for Indian Startup Wishlist: Budget 2022 Due to the ongoing pandemic, startups in our nation have encountered extraordinary obstacles in the previous 2 years. The most important part… Read More
New GST Rate structure Applicable on Real Estate Sector Real estate sector is one of the most important economic sectors in any country, Particularly in India, where it has gotten a… Read More
Return/Forms required to be file by IRP/RP/Liquidator with IBBI Under The Corporate Insolvency Resolution Process ('CIRP') Filing of return/Forms IP 1 & CIRP 1 to CIRP 6 for the purpose… Read More