The Income Tax Appellate Tribunal (ITAT) has issued a public notice on 21st June 2021 which is quoted as under: In continuation of Notice dated 4th June, 2021 on the above subject, I am happy to inform that Shri Ravi Shankar Prasad, Hon’ble Union Minister of Law & Justice, Communications, Electronics & Information Technology, Government …
Circular regarding use of functionality under section 206AB AND 206CCA of the INCOME-TAX ACT, 1961 Most Important Update in Income Tax Now Govt has issued a circular regarding to remove the extra burden on the deducters : stated the new option has to introduced : Compliance Check for Section 206AB & 206CCA
Case: Uday Laxman Jadhav (Legal name), Shree Ashapuri Touch Refinery (Trade Name). Dated: 14.10.2020 Query: What will be the applicable GST rate for the activity carried out by the applicant? (supply of Labour) To Download the Judgement, Please Click Here
Check what Finance Act 2021 says ? Earlier Article “stringent-provisions-under-the-income-tax-act-1961”, we discussed on section 194Q in details. Now, in this article we will discuss on Section 206 AB. There are certain rules about to change from July 1, 2021 in accordance with the announcements made in the Union Budget and as per Finance Act 2021. …
Did you know that certain taxpayers may have to pay double TDS from July? Read More »
Department of Consumer Affairs, Government of India has sought comments /suggestions on proposed amendments in the Consumer Protection Act by 6th July, 2021. New business processes like E-commerce and other market developments have transformed the way Consumers make transactions these days. GOI has been holding a series of discussions with all the stakeholders to strengthen …
Comments /suggestions sought by GOI on proposed amendments in Consumer Protection Act Read More »
Chief Labour Commissioner and DG Labour Bureau Shri DPS Negi reviewed the status of sensitization and implementation of labour laws and labour codes in NHPC and BRO projects in Himachal Pradesh.In separate meetings, Shri Negi enquired about the prevailing labour issues at Parvati-2 and Parvati-3 projects of NHPC at Nagwain. He also studies different activities …
The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘4.26% Government Security, 2023’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘5.85% Government Security, 2030’ for a notified amount of Rs 14,000 crore (nominal) through price based auction, and (iii) ‘6.76% GS 2061’ for a notified …
Minister of State for Education Shri Sanjay Dhotre launched NIOS Diploma course in Yogic Science on the occasion of International Day of Yoga today. The Minister released the self-instructional material of the course. The Minister congratulated NIOS for offering such vocational courses to the learners. Highlighting about the significance of Yoga especially during covid, Shri …
The Prime Minister of India, Shri Narendra Modi while addressing on the occasion of 7th International Day of Yoga launched ‘WHO M-Yoga’ App. M-Yoga app will provide many videos of Yoga training and practice based on common Yoga protocol in many languages. The Prime Minister said: “When India proposed the International Day of Yoga in …
Prime Minister launches WHO-M-Yoga App [Install App] Read More »
Finance Ministry refutes news media reports of alleged black money held by Indians in Switzerland Information sought from Swiss Authorities to verify increase/decrease of deposits Certain reports have appeared in the media on 18.06.2021 stating that funds of Indians in Swiss Banks have risen to over Rs 20,700 crore (CHF 2.55 billion) at the end …
The Department of Food & Public Distribution has issued a notification on 18th June, 2021 to ensure right quantity to beneficiaries in distribution of subsidized food grains as per their entitlement under the National Food Security Act (NFSA), 2013. In order to incentivise States who are operating their ePoS devices in a judicious manner and …
Amendment in Food security (Assistance to State Government Rules) 2015 notified Read More »
The Minority Affairs Minister Shri Mukhtar Abbas Naqvi today launched a nationwide “JaanHaiToJahaanHai” awareness campaign to create awareness on Corona vaccination in rural and remote areas of the country and also to “Crush and Curb” the rumours and apprehensions, being spread by some vested interests regarding the on-going vaccination drive. Launching the campaign from the …
Important Announcement regarding ICAI Chartered Accountancy Examinations(Final, Intermediate/ IPC, Foundation and PQC Courses) – May/ July 2021 – Details regarding Opt – Out Option being provided to Candidates. Read more at: ICAI Foundation, Intermediate (IPC), Intermediate, Final and Final-New Examination Admit Cards[Check Step-by-step Guide to Download Admit Card ]
Admit cards in respect of candidates admitted to the Foundation, Intermediate (IPC), Intermediate, Final and Final-New examination, with their photographs and signatures on them, are hosted on https://icaiexam.icai.org/ No physical admit cards will be sent to any candidate. Candidates are required to download and print their admit cards from the website. For downloading/printing of the …
Case: Vikram A Sarabhai Community Science Centre. Dated: 30.07.2020 Question1: Whether GST is applicable on any of the activities carried on by the applicant? Question 2: Whether GST registration is required or not? To Download the Judgement, Please Click Here
भारत के ऋषियों ने, भारत ने जब भी स्वास्थ्य की बात की है, तो इसका मतलब केवल शारीरिक स्वास्थ्य नहीं रहा है। इसीलिए, योग में फ़िज़िकल हेल्थ के साथ साथ मेंटल हेल्थ पर इतना ज़ोर दिया गया है। योग हमें स्ट्रेस से स्ट्रेंथ और नेगेटिविटी से क्रिएटिविटी का रास्ता दिखाता है। योग हमें अवसाद से …
IMPLEMENTATION OF RECOMMENDATION OF 43rd GST COUNCIL MEETING Clarification issued that GST is not applicable on services supplied to an educational institution including Anganwadi by way of serving of food/catering irrespective of its funding from government grants or through corporate donations. Source: CBIC
