Update- GST on Gold
Goods and Services Tax (GST) will have to be paid only for profit on resale of old or second hand gold jewellery. This arrangement has been given by the Authority...
Lost Your PAN Card? Download e-Pan card from the new website like this, know process
Income Tax Department has recently launched a new website. Through which you can download your e-PAN in minutes sitting at home. Let's know that its easy process. E-PAN Download Process...
5 big IPOs coming next week
KIMS The IPO of Krishna Institute of Medical Sciences (KIMS) will open on June 16 and close on June 18. Through this IPO, the company will try to raise Rs...
How to Earn from IPO (Initial Public Offering)
When a company issues its common stock or shares to the public for the first time, it is called an IPO or "public offer". These are mostly issued by smaller,...
44th GST Council Meeting on 12th June 2021
Finance Minister Smt. nsitharaman will chair the 44th GST Council meeting via video conferencing at 11 AM in New Delhi. The meeting will be attended by MOS Shri. anuragthakur besides...
Shri Mahesh Kumar Jain re-appointed as RBI Deputy Governor
The Central Government has re-appointed Shri Mahesh Kumar Jain as Deputy Governor, Reserve Bank of India for a period of two years with effect from June 22, 2021, or until...
GST- Table-12 of GSTR-1 (Advisory on PDF)
Table-12 of GSTR-1 pertains to the data related to the HSN-code wise supplies of goods & services declared in the aforesaid GSTR-1. It has been reported that in the GSTR-1...
Government may privatize Central Bank of India and Indian Overseas Bank: Report
The Times of India has reported that the central government may sell its stake in Central Bank of India and Indian Overseas Bank under the policy of privatization announced during...
Pfizer will test its Covid-19 vaccine on a large scale on children under the age of 12
Pfizer has said that in this campaign to provide vaccines for young children, 4500 children will be tested at more than 90 clinical sites in America (US), Finland, Poland and...
The new income tax portal will be system stable within a week: Nandan Nilekani (co-founder of Infosys)
The new e-filing website of the Income Tax Department was launched on 7 June. The new e-filing portal will facilitate the filing process and enhance the end user experience. Nirmala...
Growing pace of yoga guru Baba Ramdev’s company, investors made a lot of money
The share price of Yogguru Baba Ramdev's company Ruchi Soya has gone up by 5 percent to the level of Rs 1316. The same market capital is close to Rs.39...
Bitcoin: El Salvador becomes the first country to legalize cryptocurrency
El Salvador Congress on June 9 approved a bill to make bitcoin, the world's largest cryptocurrency, the legal currency of the country. This Central American country has become the first...
EPFO changed this important rule, update the account as soon as possible. Know Process
Important news for EPFO subscribers. The organization has changed a rule, which can be difficult for the employed. Actually, the organization has made it necessary to link the Universal Account...
ICAI Chartered Accountants July 2021 Examinations – Message of CA. Nihar N. Jambusaria, President – ICAI
ICAI Chartered Accountants July 2021 Examinations - Message of CA. Nihar N. Jambusaria, President - ICAI for ICAI's Students. Watch 📹 https://twitter.com/theicai/status/1402226315445497858?s=19
Income Tax Department to launch its new e-filing portal tomorrow
www.incometax.gov.in The new e-filing portal is aimed at providing convenience and a modern, seamless experience to taxpayers. Finance Ministry said, the new taxpayer friendly portal integrated with immediate processing of...
US President JoeBiden extended US restrictions on investing in Chinese companies
US President JoeBiden extended US restrictions on investing in Chinese companies, this ban will affect a total of 59 Chinese companies with 11 new companies, sanctions will be effective from...
India SME Investments invests 60 crores in KreditBee, personal loan app raised 507 crores in March
SIDBI-backed private equity fund India SME Investments has invested Rs 60 crore in its portfolio company KreditBee. With this it has expanded its portfolio in the Banking, Financial Services and...
CBIC Notification changes in CGST rates of various services as recommended by GST Council in its 43rd meeting
Central Tax (Rate) so as to notify CGST rates of various services as recommended by GST Council in its 43rd meeting held on 28.05.2021 vide Notification No. 02/2021 – Central Tax (Rate)...
CBIC extend the due date for furnishing of FORM ITC-04 for Quarter Ended (QE) March, 2021 to 30.06.2021 vide Notification No. 26/2021 – Central Tax
Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNew Delhi Notification No. 26/2021 – Central Tax- Dated 1st June, 2021 G.S.R. 370(E).—In exercise of the powers...
![CBIC Excluded government department & local authority from e-invoicing [Read Notification]](https://i0.wp.com/taxconcept.net/wp-content/uploads/2021/05/CBIC-3d7368ff.jpg?fit=768%2C432&ssl=1)
CBIC Excluded government department & local authority from e-invoicing [Read Notification]
The CBIC excluded the government department, local authority, from the requirement of issuing e-invoice.
Monthly GST return filing deadline extended till June 26
The government on Monday said the deadline for filing monthly GST sales returns for May has been extended by 15 days till June 26. The GST Council, chaired by the...
Extension of the due date of filing Application for Revocation of Cancellation of Registration
“In view of the decision of GST Council taken in its 43rd meeting dt. 28.05.2021, the timeline for filing of the ‘Application for Revocation of Cancellation’ for those applicants, for...
RBI has given good news to Wallet and payment card users like Paytm Phonepe
The RBI has also allowed withdrawals up to Rs 10,000 every month to PPI holders with full KYC by non-banking units. The Reserve Bank of India (RBI) has good news...
![[BIG BREAKING] Income Tax Return, Tax Audit Due Date & Other Due Dates Extended](https://i0.wp.com/taxconcept.net/wp-content/uploads/2021/03/INCOME-TAX.jpg?fit=768%2C402&ssl=1)
[BIG BREAKING] Income Tax Return, Tax Audit Due Date & Other Due Dates Extended
Income tax return, tax audit due date & Other dates extended Circular No. 9 of 2021 F.No.225/49/2021 -ITA-IIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, Dated...
Updated Rates of Depreciation as Per Income Tax Act, 1961
Depreciation is an accounting method of allocating the cost of a tangible or physical asset over its useful life or life expectancy. Depreciation represents how much of an asset's value has been...
GST Update- Generation of GSTR-2B for April 2021: Team GSTN
Rule-60(7) of CGST Rules-2017 prescribes for generation of auto-drafted statement containing the details of input tax credit in FORM GSTR-2B for counter-party recipients. As per Rule-60(8) of CGST Rules-2017, FORM...
![Maximum assurance benefit payable under EDLI Scheme [Notification]](https://i1.wp.com/taxconcept.net/wp-content/uploads/2021/04/WhatsApp-Image-2021-04-07-at-1.36.49-PM.jpeg?fit=336%2C254&ssl=1)
Maximum assurance benefit payable under EDLI Scheme [Notification]
File No. EDLI/Committee-Exem./Extension/2019 EMPLOYEES’ PROVIDENT FUND ORGANISATIONMINISTRY OF LABOUR & EMPLOYMENT, GOVERNMENT OF INDIAHead OfficeBhavishya Nidhi Bhawan, 14, Bhikaiji cama Place, New Delhi – 110066website : www.epfindia.gov.in, www.epfindia.nic.in E-File No:...
Ayush 64 medicine will be available for free at 25 places, these patients of Corona will benefit
AYUSH-64 medicine of Ministry of AYUSH has been found to be very effective for patients with mild and moderate symptoms of corona. The Ministry of AYUSH will distribute AYUSH 64...
Complete lockdown in West Bengal, private vehicles, taxis, metro also closed from 16 to 30 May
Complete lockdown in West Bengal In order to break the Corona infection chain in West Bengal, it has been decided to implement a complete lockdown on the state for 15...
How to Activate Your UAN Number Online in 7 Steps
UAN Registration & Activation - How To Activate UAN ? UAN OR Universal Account Number is essential for you to access your PF Records and ensure all your savings are...