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There is an expectation of Rs 1 lakh cr GST collection for the straight 5th month in Feb converting it to the highest sustaining collection ever where its indirect tax regime was launched in July 2017 which shows the reliable economic return. The early prompts like the GST e-way bills generated Get to know about […]
The new labour laws which were to be implemented on 1st July 2022 for all the corporates and organizations under the registration of the ministry of corporate affairs have been postponed as of now due to multiple states not agreeing on the terms. The new labour law will shrink working hours, and PF as well […]
Prior to the changes in the CGST reform act 2018, there is no idea of the suspension of the GST registration beneath GST law. This act introduced the suspension of the enrollment through inserting the proviso to section 29 (2) of the CGST Act, 2017 effective from 01.02.2019. The proviso directed that: Moreover, it further […]
Telangana High court has urged that the income tax settlement commission allow the application of settlement beneath section 245 (C) in the Income-tax act. In the writ appeal, the order has been passed via Green city Duke’s estates where it directs that during the section carried in the income tax act. The income tax settlement […]
Concerning the case of the Central Goods and Service Tax Act (CGST Act), the central government has been questioned by the Gujarat High court to initiate the step to stop the threats on bank accounts of persons post to the GST council raids on the tax theft. With respect to the GST council Get to […]
A show-cause notice is given by the Central goods and services tax (CGST) council in the Fiscal year 2014-15 for the difference in receipts according to the tax return and income tax return in big volume excluding going into the statutory along with furnishing the important ones as mentioned in the act about SCN and […]
Are you still using the old, manual process of payroll management, where all the data is manually entered and managed in Excel sheets or physical paper? Then, you can definitely save good money and time by learning about the best HR payroll software in India. Online payroll software is a digital, cloud-based application that can […]
Seeking protective data analytics through the firms, the government has initiated a restriction to the GST evasions where 7000 entities were actioned upon and arrested 187, it is a campaign to float the tax collection said Ajay Bhushan Pandey Finance Secretary. In December 2020 the net GST collection was Rs 1.15 lakh cr which was […]
As per a recent order held by the Income Tax Appellate Tribunal (ITAT), Delhi Branch, CIT (A) is not allowed to reject applications (appeal) on a technical basis without providing an opportunity to the assessee for making the required correction. In this case, AO passed an ex-parte assessment order as per section 147 or 144 […]
