Partial Roll Back of Tax Residency Rules For Individuals

Partial Roll Back of Tax Residency Rules For Individuals

Like most other countries, India also considers the number of days spent by the individual in India to determine the tax residency status of...

FAQs on Corporate Social Responsibility (CSR) Related to Covid-19

MCA vide General Circular No. 15/2020 dated 10th April 2020 has issued FAQs on Corporate Social Responsibility (CSR) Related to Covid-19. Major Update: ‘Chief Minister’s Relief...
gst composition scheme

Date Extended For Opting for Composition Scheme for FY 2020-21- [Read Notification]

Due to COVID-19 pandemic and challenges faced by taxpayers, Government has extended dates for opting for composition scheme for FY 2020-21 by normal taxpayers....

Impact of COVID-2019 on “10% ITC rule for availment of ITC”

As per CBIC sub-rule (4) in Rule 36 of the CGST Rules, 2017 w.e.f. 09.10.2019, a registered person can avail ITC in...

What is force majeure? The legal term everyone should know during Covid-19 crisis

By Poorvi Sanjanwala and Kashmira Bakliwal Apart from the devastating impact that COVID-19 continues to unleash on human beings and countries worldwide, its outreach has...
TDS Certificates for nil/low TDS rates are valid till 30.06.2020

TDS Certificates for Nil/Low TDS rates are valid till 30.06.2020

Recently, CBDT has clarified that there is Nil or Lower Rate TDS/TCS certificate issued for a particular period in...
Are you really saving your taxes? Know your Tax slabs & review your investment plans!

Are you really saving your taxes? Know your Tax slabs & review your investment...

  It’s that time of the year again, when our investments come again to the forefront. The investment receipts are all out, our inbox is...
Refund under gst

ALL ABOUT REFUND UNDER GST

Refund is very important provisions under GST laws and It is granted to eligible taxpayers on meeting out certain conditions. So this article  "All...
Economic Recovery Due to COVID-19 Outbreak

Prospects for Economic Recovery Due to COVID-19 Outbreak

Covid-19 has already generated a sharp fall in global GDP and a rapid rise in unemployment, but what kind of recovery can we expect...
All Income Tax Return Due Date Extended for FY 2019-20

All Income Tax Return Due Date Extended for FY 2019-20

As a part of Covid-19 relief package, Finance Minister Nirmala Sitharaman on 13th May, 2020 announced that the income tax return...
Section 269SU Applicability & Exemption to B2B Businesses

Section 269SU: Applicability & Exemption to B2B Businesses

What is Section 269SU of Income Tax Act ? To promoting cashless economy and give boost to...
Latest TDS Rate Chart for FY 2020-21 & AY 2021-22

Download TDS Rate Chart for FY 2020-21 & AY 2021-22

This article covers- Latest TDS Rate Chart for FY 2020-21 & AY 2021-22, New Turnover limit for the purpose of TDS applicability as per...