CBIC Clarified Certain Issues Related to Refund Under GST

Various clarifications have been issued for refund related matters in different span of time under GST, a master circular (C.No.125/44/2019-GST dated 18.11.2019) was also issued subsuming most of the earlier refund related issues. Again CBIC, by way of Circular No.... Read More →

Posted in GST |

Start-Up India Scheme

Start-up India Scheme is an initiative by the Government of India for generation of employment and wealth creation. The goal of Start-up India is the development and innovation of products and services and increasing the employment rate in India. Ministry... Read More →

Posted in Regulatory |

Key Highlights of Covid 19 Relief Package Announced By RBI on 17.04.2020

The Governor of our Central Bank (Reserve Bank of India) announced today on 17.04.2020, certain additional measures to tackle COVID-19 crisis. Detailed note on key highlights are attached. Key Highlights of Covid19 Relief Package Announced By RBI Governor on 17.04.2020... Read More →

Posted in Regulatory |

Clarification Regarding Short Deduction of TDS/TCS

Clarification issued by CBDT vide no. 08/2020 dated 13th April, 2020 regarding short deduction of TDS/TCS due to increase in rates of surcharge by Finance (No. 2) Act, 2019. For details please refer the attached document:- Clarification On short Deduction... Read More →

Posted in Direct Tax, Taxation |

National Financial Reporting Authority (NFRA)

National Financial Reporting Authority (NFRA) has been constituted on 1st October 2018 under Section 132 of the Companies Act, 2013 vide MCA Gazette Notification No. 5099(E) dated 1st October, 2018. Thereafter, MCA has notified National Financial Reporting Authority Rules, 2018,... Read More →

Posted in Audit & Assurance |