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Covid-19 has influenced people all across the world in a bigger way. It produces an effect on the financial state of the people living in the world. Towards the medical treatment for those who get influenced through covid-19. Here, we have mentioned all details about income tax refund of TDS deducted on medical treatments for […]
The CESTAT stands for Customs, Excises, and Service Taxes Appellate Tribunal, and in a matter, it ruled recently that bariatric surgery will not attract service tax as it is a life-saving procedure and not a cosmetic procedure. In this matter, Dr. Mohit Bhandari is the appellant, he is a part of Bhandari Hospital and Research […]
Under section 51 of the Customs Act, 1962 the ministry asks to extend the date of the command allowing clearance and loading of goods for export till 31st March 2021. The government has the power under section 25(1) of the Customs Act, 1962 clarifies that it is important in the public interest to do so […]
Industry body CII has attempted intervention and assistance from the government to assure the recovery of the tourism industry, which is truly affected due to the COVID-19 pandemic. The CII has urged all key people to work for solving the crisis with the government. “With the new guidelines issued under Unlock 3.0 by the Government […]
The Central Government of the country is desperately trying to revive the country from the impact of the outbreak of coronavirus. The demands and suggestions made by the industry include reducing custom duties, more liquidity, reduction in GST (Goods and Services Tax) Have a look at the major issues/problems being faced by Indian people after […]
The recent outbreak of Coronavirus Covid-19 is expected to affect the Gross Domestic Product (GDP) of all the countries in the world. India is also not left out of this. The government is coming up with exceptions and is extending the due-dates of the returns for the convenience of the taxpayers because of the outbreak. […]
The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020 has now been cleared from both the houses of Parliament. It was already cleared by the lower house of Parliament, Lok Sabha, earlier and was pending in the upper house of Parliament but now the Rajya Sabha has also cleared the bill with the majority. The […]
The government has again extended the tax exemption for one year till March 2020 to all the exporters under small and medium-sized units (MSMEs), exempting them to pay integrated goods and services tax and compensation cess.
Shipping industry under GST regime has suffered a lot and to understand this we may further try to reach the reason. GST has given many positive results but just at International level while domestic ones have not witnessed any advantage.
