Under this scenario of COVID-19 outbreak, e-commerce has given a new life during this period and the demand has been increased now a day for online products, now customer of different ages looks things online to purchase. Due to this many of the businesses have…
COMPOSITION TAX RATE Amendment in Rule 7 of Central Goods and Services Tax Rules, 2017 (CGST Rules) has been made wherein tax rates under composition scheme have been prescribed. Tax rates applicable in case of composition levy shall be as under: Section Applicable Category of…
SEBI EXTENDED TIMELINE FOR SUBMISSION OF ANNUAL SECRETARIAL COMPLIANCE REPORT (ASCR) TILL 31ST JULY 2020 Securities Exchange Board of India (SEBI) vide Notification No. SEBI/HO/CFD/CMD1/CIR/P/2020/109 dated 25th June, 2020 has come out with Further extension of time for submission of Annual Secretarial Compliance Report by listed…
Various direct tax deadlines have been extended again, as per the notification, the new various tax compliance dates are as follows: Various Provisions Extended Due Date Original as well as revised income-tax returns (ITR) for the FY 2018-19 (AY 2019-20) 31st July, 2020. Various investment/ payment…
SEBI EXTENDED TIMELINE FOR SUBMISSION OF FINANCIAL RESULTS ENDED ON 31ST MARCH 2020 TILL 31ST JULY 2020 Securities Exchange Board of India (SEBI) vide Notification No. SEBI/HO/CFD/CMD1/CIR/P/2020/106 dated 24th June, 2020 has come out with Further extension of time for submission of financial results for…
Due to pandemic situations MCA has given the various relaxation in the provision of Companies Act 2013 for ease of doing business MCA allows board meeting to be held via video conference on restricted matters for further 3 months: MCA vide notification dated 23rd June,…
NOTIFICATIONS Companies allowed to file GSTR-3B and GSTR-1 through electronic verification code (EVC) Companies registered under the provisions of Companies Act, 2013 may, during the period April 21, 2020 to September 30, 2020, file their GSTR-3B through EVC. Return in Form GSTR-1 may be filed…
MCA EXTENDED TIMELINE FOR NAME RESERVATION AND RESUBMISSION FORMS – BEYOND 30TH JUNE 2020 Overview In view of the situation arising due to COVID-19 pandemic and extended lockdown period, Ministry of Corporate Affairs vide notification / circular dated 22nd day of June, 2020 has issued…