Every business has benefits and drawbacks; it is all about finding the finest business ideas to generate money. It all comes down to whatever business you have the desire and ambition to succeed in. Your skillset is also very important in accomplishing the goal. You
Introduction: Ministry vides General Circular No. 09/2021 dated 30th June 2021 has extended the timeline for filing of certain Forms under the Companies Act, 2013/ LLP Act, 2008 (other than Form CHG-1, Form CHG-4 & Form CHG-9). This extension is for forms that are due
Introduction:- The Hon’ble Union Finance Minister Nirmala Sitharaman had presented the Union Budget 2021 of India on the 1st of February, 2021. In significant changes to the taxation process, among other tax measures, the Hon’ble Finance Minister recommend paradigm changes to the provisions relating to
Case Covered: M/s Sachdeva Colleges Limited Facts of the Case: M/s Sachdeva college Ltd. is a Limited company incorporated under the Companies Act (hereinafter referred to as the ‘Applicant”) having its Regd. office at 29, South Patel Nagar, New Delhi-110008. (i) The applicant is providing
Economic Relief From Pandemic 1.1 Lakh Cr Loan Guarantee Scheme for COVID Affected Sectors Health Sector: Rs. 50,000 crore Aimed at upscaling medical infrastructure targeting underserved areas. • Guarantee cover for expansion and new projects related to health/medical infrastructure in cities other than 8
On 5.6.2021, OECD Secretary-General Mathias Cormann said the consensus among the G7 Finance Ministers, including on a minimum level of global taxation, is a landmark step toward the global consensus necessary to reform the international tax system and it will be a game-changer. It is just
Just a decade ago filing an ITR was considered a herculean task for the normal taxpayer It was some kind of rocket science to be performed by a few professionals. Undoubtedly, with the advent of income tax return filing software and utilities provided by the
Case covered: M/s. ARS Steels & Alloy International Pvt. Ltd Versus The State Tax Officer Common Order: This batch of Writ Petitions relates to two sets of assessment orders passed in the case of two assessees under the provisions of Goods and Services Tax Act,
Importance of Textile Industry • GDP – The textile sector plays an important role in the national economy owing to its major contribution to the GDP, industrial production, employment generation, and export revenue generation. The textile industry contributes 14% of India’s industrial production and
Circular No 12 of 2021 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 25 June 2021 Subject: Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic·
