18% GST on Parota, rather than 5%

GST on parotas are being declared to be at 18%, rather than 5%, in case of frozen one. Recently, Karnataka…

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Types of Audit under the GST Act, 2017

Types of Audit under the GST Act, 2017

Audit is the examination of records to verify its completeness and correctness. Under GST regime, there is clear concept of…

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Facility to file Nil GST Return through SMS is active now

Facility to file Nil GST Return through SMS is active now

The Government earlier announced the introduction of SMS facility for GSTR filing in case of NIL liability. Now, the facility…

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ICAI Announcement for postponement of correction window for July

ICAI Announcement for postponement of correction window for July

ICAI announced opening of Correction windows for the examinations going to be held in July, 2020 dated 29th May, 2020….

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Income Tax Slab for F.Y. 2020-2021 : Old vs New

Income Tax Slab for F.Y. 2020-2021 : Old vs New

In Budget 2020, Finance Minister announced the New Income Tax Slab Rates from the Financial Year 2020 – 2021 and…

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CBDT notifies ITR Forms for the A.Y. 2020-2021

CBDT notifies ITR Forms for the A.Y. 2020-2021

Central Board of Income Tax notifies Income Tax (ITR) Forms for the Assessment Year 2020-2021 vide Notification 31/2020 dates 29…

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Appointment of Auditor under the Company Act, 2013

Appointment of Auditor under the Company Act, 2013

Any company registered under the Company Act need to appoint an Auditor to comply with the provisions of the said…

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Eligibility and conditions for availing Input Tax Credit (ITC) under GST.

Eligibility and conditions for availing Input Tax Credit (ITC) under GST.

Under GST Regime, Tax is payable on the basis of concept of value addition. Input Tax Credit, commonly known as…

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Women Director under section 149(1) of the Company Act, 2013

Women Director under section 149(1) of the Company Act, 2013

It is mandatory to appoint women director, if the company falls under second proviso to Section 149(1). This section deals…

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FM announced the 5th and last part of economic package

FM announced the 5th and last part of economic package

In continuation of all four parts announced earlier, today FM sum up the economic package. She presented the scheme already…

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