GST Revenue for February 2021 Crosses Rs 1 Lakh Crore
GST Officials Arrested One for Causing Loss to Revenue
RBI Assistant Manager Recruitment 2021: Apply for vacancies at rbi.org.in
Due Date for Filing GSTR-9 and 9C of F.Y. 2019-20 Further Extended
The CBIC has extended the due date for filing GSTR-9 and 9C of F.Y. 2019-20 to 31st March, 2021. Earlier due date was 28th February, 2021.
Threshold limit of 50 lakh users to define significant
“social media intermediary” under IT Act
GST Registration 2021: Basic Things You Should Know
According to the Rules of Goods and Services Tax, any business whose turnover falls above Rs. 40 lakhs (Rs 10 lakhs for special category states) have to register as a normal taxable person. To enroll this taxable person under GST is defined as the GST Registration.
Taxation Due Dates Extended under Income Tax (Penalty & Assessment / Re-assessment) and Benami Act
Eligible Importers – Deferred Payment of Custom Duty
No retro taxation on interest earned for EPF/GPF contributions of over ₹2.5 lakh
Employees making contributions of more than ₹2.5 lakh a year into their Provident Fund (PF) accounts, will have to include the interest attributable to the investments exceeding ₹2.5 lakh in their annual income starting 2021-22 and file tax returns accordingly.
E- Dakhil portal for consumer grievance redressal is now operational in 15 states and Union Territories
Deadline for filing declarations under Vivaad Se Vishwas extended till 31st March
National Infrastructure Pipeline to play critical role in revitalizing economy post pandemic: FM Nirmala Sitharaman
Step by Step Process to Online PAN Card Update/Correction
Moody revised India’s growth projection for FY22 to 13.7 percent from 10.8 percent estimated earlier
Ministry of Corporate Affairs and CBIC sign MoU for exchange of data
Government advises investors to verify antecedents and status of Nidhi Company before investing their money
Services Provided by an Indian Firm to Foreign Firm as an Intermediary will be Liable to CGST+SGST Instead of IGST: Gujarat AAR
Ruling Sought for: M/s. Sagar Powertex Pvt. Ltd., Sagar House, Indian Red Cross Society, Nr. Old Vadaj Circle, Ashram Road, Ahmedabad -380013 having a GSTIN: 24AADCS0473P1Z3, is a company filed an application for Advance Ruling under Section 97 of CGST Act, 2017 and Section 97 of the GGST Act, 2017 in FORM GST ARA-01 discharging the fee of Rs. 5,000/- each under the CGST Act and the GGST Act.
Important Advisory on GSTR-9 Annual Return by GSTN
The taxpayers are advised to ensure that values are reported upto two decimal places in the GSTR-9 offline utility. The error “Error! Invalid Summary payload” after uploading the JSON created from the Offline Utility of GSTR-9 is reported due to reporting values upto three decimal places instead of two decimals.
SEBI asks NSE to carry out root cause analysis of ‘trading halt’
India’s economic recovery entered into consolidation phase in Jan 2021:ICRA
Government approves Production Linked Incentive Scheme for IT Hardware and Pharmaceuticals
President Ram Nath Kovind inaugurated world’s largest Cricket Stadium at Motera in Ahmedabad
Proud: India Shared Some Priorities Under Financial Co-operation Agenda in a Meeting with BRICS Finance and Central Bank Deputies
India hosted a Meeting of BRICS Finance and Central Bank Deputies virtually here today and was co-Chaired by Shri. Tarun Bajaj, Secretary Economic Affairs, Ministry of Finance, and Dr. Michael Patra, Deputy Governor, Reserve Bank of India. Other participants included BRICS Finance and Central Bank Deputies of Brazil, Russia, China and South Africa.
Rajasthan Government Launches Amnesty Scheme 2021 For Various Acts
In today’s budget, the government has announced many initiatives which includes Amnesty Scheme, 2021 for outstanding demands or disputes under various acts prescribed in the said scheme.