QUICK READS

In Short News

Ease of living Index- 2020 released
Ease of living Index- 2020 released

Ease of living Index- 2020 released

Bengaluru, Pune, Ahmedabad best cities in EoLI 2020 (Million Plus Category) Shimla ranked first in EoLI 2020 (Less than Million Category) Indore and NDMC leading municipalities in MPI 2020 Both indices provide holistic assessment of cities Rankings for Ease of […]

United Nation
ndia sponsored UN resolution on International Year of Millets 2023

United Nation adopts India’s resolution to declare 2023 as International Year of Millets

India sponsored UN resolution on International Year of Millets 2023 was adopted by consensus in the United Nations General Assembly. India’s Permanent Representative to the United Nations T. S. Tirumurti thanked all co-sponsors especially Bangladesh, Kenya, Nepal, Nigeria, Russia and […]

Income Tax Department Conducts Searches at Residence and Offices of Taapsee Pannu, Anurag Kashyap and Others

The Income Tax Department is carrying out search and survey operations which started on 03.03.2021 on two leading film production companies, a leading actress and two Talent Management companies in Mumbai. Search operation is being carried out at Mumbai, Pune, Delhi and Hyderabad. The group is mainly engaged in the business of Production of Motion Pictures, Web Series, acting, direction and talent Management of celebrities and other artists. A total of 28 premises are being covered in different locations which includes residences and offices.

Upcoming Changes in GSTR-1 You Must Know

Upcoming Changes in GSTR-1 You Must Know

GSTN has recently twitted about some upcoming changes in GSTR-1 which are as under:

1. Column “Total Value” to be removed from Table-12 (HSN wise summary of outward supplies) of Form GSTR-1.

2. A new entry “Rate of Tax” to be inserted in place of Column “Total Value”. Thus, HSN code to be reported Rate Wise.

3. Changes in reporting of number of digit of HSN code as per Notification No. 78/2020- Central Tax and 79/2020- Central Tax Dated 15/10/2020.

CBDT Issues Clarification in Respect of Residential Status under Income Tax Act, 1961

CBDT Issues Clarification in Respect of Residential Status under Income Tax Act, 1961

The Central Board of Direct taxes (CBDT) has received various representations requesting for relaxation in determination of residential status for previous year 2020-21 from individuals who had come on a visit to India during the previous year 2019-20 and intended to leave India but could not do so due to suspension of international flights. The matter has since been examined by CBDT.

Loading…

Something went wrong. Please refresh the page and/or try again.

SHORT NEWS UPDATE SUMMARY. Short News In 40 WORDS. Breaking News Headlines Read All News Update Hindi & English. NATIONAL NEWS INTERNATIONAL NEWS STATE NEWS SPORT NEWS IPL 2020 NEWS BUSSINESS & FINANCE NEWS ECONOMY NEWS