To Support MSMEs from Crises of COVID 19 and to make India Self Reliant, Finance Ministry through their Economic Package to MSMEs, the definition of MSME has changed. Revised Classification of MSME is a move of government to provide...
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Under section 195(6) of income tax act 1961, government imposes a responsibility on every person who is responsible for remit any sum outside India, to furnish certain information of this remittance to income tax department. Let’s understands what section...
GST Fever has carried out a survey among Chartered Accountants and Company Secretaries on situations arises out of Covid 19 and their impact on Economy & Individuals. The purpose of this survey it to understand how COVID 19 would...
MCA on 22nd April 2020 has given relaxation to MCA users(Company or LLP) by extending period of certain forms. These certain relaxation has been provided due situations arises on account of COVID 19. After these relaxation applicant can avail...
Finance Act 2020 brings couple of changes in Tax Deduction at Source (TDS) and Tax Collected at Source (TCS) provisions of income tax act. Some of the changes are into existing provisions of Income tax act or some of...