Cases where Provisional Attachment of Property U/s 83 of CGST Act can be Initiated Commissioner can freeze your bank account and attach your property if the Taxpayer and Any Person who commits any offence and the Commissioner wants to protect the government’s revenue, he has the power to attach the taxpayer’s property and bank account …
CAG Empanelment CA firms/LLPs CAG Empanelment process started Now The CAG Empanelment mechanism for the FY 2022-2023 has commenced. Deadline for online submissions of application for Chartered Accountants in India or outside India is February 15, 2022. Chartered Accountants Firms or Chartered Accountants LLPs must submit a printout of the online acknowledgement letter, as well …
RBI: Small Value Digital Payments up to Rs. 2k allowed by RBI in Offline Mode (OTP/ without Internet) Small Value Digital Payments up to Rs. 2,000 in Offline Mode (without Internet/ OTP) are authorized by RBI to promote digital transactions in regions where internet or telecom access is inadequate or non-existent: RBI Based on experiments …
Compliance Calendar for the month of January 2022 What is deadline dates in January 2022 for compliance ? Important deadline due dates in January 2022 for compliance under various law includes Goods & Services Tax (GST). Also, read this article:- HSN & SAC CODES ALONG WITH GST RATE Proposed GST Law Procedures & Compliances …
GST Important changes which is effective from 01.01.2022 CBIC has issued notified various changes in GST regulations which is effective from 01.01.2022. You can find below are important top changes update you need to know. Inverted Duty Structure Correction in the Footwear and Textiles Sector In order to correct the inverted duty structure in the Footwear …
Taxpayers Charter under the Income Tax Act Taxpayer Charter Prime Minister Narendra Modi launched Taxpayers Charter under income tax Act on August 13, 2020, it pledges to protect income taxpayers’ privacy and confidentiality while also lowering the cost of complying with tax regulations. The income tax department’s commitments to income taxpayers, as well as what the agency …
3.59 Cr online-file-income-tax-reurns submitted till date (Press Release, Ministry of Finance dated December-16-2021) As on December-15-2021 For the AY 2021-2022, No of 3.59 Cr Income Tax Returns (ITRs) have been filed on the new e-filing portal of the income tax Dept. Number of Income Tax Returns submitted filed per day has crossed Six lakh & …
How to Change the Name of a Company-ROC A company’s name is the title by which it is recognized across the world. A company’s name might be altered over time to meet the demands of the firm. As per requirements of the Companies Act, 2013, which have been covered fully in this blog. Since the Memorandum …
TDS on Professional & Technical Services charges According to section 194J related to deduction of TDS in case of charges for technical or professional services. It is applicable to Tax deducted as source (section 194J) on payment of any sum by way of – fees for Professional services Royalty Remuneration or fees or commission paid …
Top Benefit of Starting a business in India by a foreign nation India has now been considered as one of the most powerful economic forces in the world. Despite being a developing nation, India’s economy has a significant impact on global business. The majority of the world’s main developed countries want to establish or strengthen …