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News (page 5)

Govt. issues Sovereign Gold Bond Scheme 2020-21

The Government has issued Sovereign Gold Bond Scheme 2020-21. The Sovereign Gold…
Continue reading “Govt. issues Sovereign Gold Bond Scheme 2020-21”…
15 Apr 2020Comments: 0

SEBI provides additional relaxation to intermediaries for equivalent period of lock down declared by Govt.

Considering the nationwide lock down and marginal / skeleton staff strength of…
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14 Apr 2020Comments: 0

Alert for Input Service Distributors (ISDs), for data in SAVE stage in their Form GSTR 6

Changes are being made in the credit utilization criteria in Form GSTR-6,…
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14 Apr 2020Comments: 0

Challenges faced by taxpayers in GST due to COVID-19 clarified by CBIC

On account of certain challenges faced by taxpayers in adhering to compliance…
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14 Apr 2020Comments: 0

No assessee-in-default due to enhanced surcharge if transaction and payment completed by July 05, 2019

Due to increase in surcharge rate by the Finance (no. 2) Act,…
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14 Apr 2020Comments: 0

Employer is liable to deduct tax as per Sec. 115BAC only after receiving intimation from employee

CBDT has clarified that eligible employees, who are intending to opt for…
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14 Apr 2020Comments: 0

HC upholds recovery proceedings against ‘Jindal Ltd’ as genuineness of loan transaction was in serious dispute

Where proof of identity of loan depositors, capacity of creditors to advance…
Continue reading “HC upholds recovery proceedings against ‘Jindal Ltd’ as genuineness of loan transaction was in serious dispute”…
14 Apr 2020Comments: 0

Relaxations / Extensions of various Compliance Deadlines etc. provided by Department of Commerce to address Corona Pandemic Related Hardships of Exporters

In order to give relief to businesses and affected individuals amidst the…
Continue reading “Relaxations / Extensions of various Compliance Deadlines etc. provided by Department of Commerce to address Corona Pandemic Related Hardships of Exporters”…
14 Apr 2020Comments: 0

No Basic Custom Duty on Ventilators, COVID Test Kits and Masks

In the Context of COVID-19 Situation, Considering the immediate requirement of ventilators…
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13 Apr 2020Comments: 0

CBIC implements ‘Special Refund and Drawback Disposal Drive’

To give effect to the relief announced vide Press Release dated 8-4-2020…
Continue reading “CBIC implements ‘Special Refund and Drawback Disposal Drive’”…
13 Apr 2020Comments: 0
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