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Goods and Service TaxLatest News

Significant Modifications Introduced under CGST (Fourteenth Amendment) Rules, 2020 as per Notification No. 94/2020

dateDec 25, 2020
timeReading Time: 4 Minutes

The Goods and services tax in India comprise of Central Goods and Services Tax (CGST) as one of its components. CGS...

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Goods and Service TaxLatest News

Introduction of Comprehensive Amendments under CGST with Notification No. 93/2020 CT

dateDec 25, 2020
timeReading Time: 5 Minutes

India is facing a steep decline in government revenue and an increase in income for at least two quarters as the co...

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Latest News

Farm Bill 2020: Is it really Shattering the Belief and Hopes of the Farmers?

dateDec 04, 2020
timeReading Time: 5 Minutes

Right now our country is facing is the heat of the farmer’s protest against the three reforms- Farmers (Empowerme...

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Goods and Service TaxLatest News

GSTN Rolled out Solutions to Prominent GST Errors

dateNov 24, 2020
timeReading Time: 2 Minutes

The Goods and Service Tax Network (GSTN) has unveiled exhaustive guidelines on 05/11/2020 for the taxpayers regardi...

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Music License
Finance & AccountingLatest News

ICAI Unveiled Guidelines to Account for Share-based Payments

dateNov 22, 2020
timeReading Time: 3 Minutes

The Institute of Chartered Accountants of India (ICAI) has unveiled certain guidelines related to Accounting for Sh...

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Latest News

Major Highlights on Aatmanirbhar Bharat 3.0: Scope, Benefits, and Limitations

dateNov 20, 2020
timeReading Time: 6 Minutes

The GOI comes up with yet another set of measures to increase job creation and to provide financial aid to affected...

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Goods and Service TaxLatest News

GST Registration via Aadhaar authentication or Physical verification of Biz place

dateNov 19, 2020
timeReading Time: 4 Minutes

As per the latest notification rendered by the Central Board of Indirect Taxes and Customs (CBIC), businesses inten...

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Latest NewsTaxation

ITAT levies Penalty for Failure to Maintain Transfer Pricing Document

dateNov 18, 2020
timeReading Time: 3 Minutes

The Income Tax appellate tribunal of New Delhi bench levied the penalty for the violation of laws regarding the mai...

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Goods and Service TaxLatest News

CBIC orders Implementation of GST E-invoicing from January 1, 2021: Process & it’s Benefits

dateNov 18, 2020
timeReading Time: 4 Minutes

From 1st April 2021, the businesses whose turnover is well above Rs 100 cr would have to opt for the GST E-Invoicin...

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Goods and Service TaxLatest News

Interest on the Late GST Payment would imposed on Net Cash Tax Liability

dateNov 17, 2020
timeReading Time: 4 Minutes

CBIC has rolled out some crucial directions on the interest on the late GST payment under the purview of the CGST A...

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Latest NewsNBFC

Government Issues Directions for Interest Waiver on Loan to Borrowers

dateNov 16, 2020
timeReading Time: 3 Minutes

In a festival gift to borrowers, the Government has notified a Scheme for grant of ex-gratia payment of difference...

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Latest NewsNBFC

Government Directs Banks to Disburse Ex-Gratia Payment to Eligible Borrowers

dateNov 10, 2020
timeReading Time: 3 Minutes

The Indian government has issued a scheme for the grant of ex-gratia payment to the borrower in a specified loan ac...

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Income TaxLatest News

Income Tax Authority has a Power of Survey under section 133A as notified by CBDT

dateNov 07, 2020
timeReading Time: 2 Minutes

The Board in pursuance of the Taxation & Other Laws (Relaxation & Amendment of Certain Provisions) Act 2020...

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Latest News

Declarant can make Payment without Additional Amount under Vivad se Vishwas Act

dateNov 06, 2020
timeReading Time: 3 Minutes

The CBDT has issued clarification in respect to direct tax under Vivad se Vishwas Act, stating that the requirement...

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