Key Highlights of GST Council Meeting held on 5th October, 2020

The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman through video conferencing. The meeting was also attended by the Union Minister of State for Finance & Corporate Affairs along with Finance... Read More →

Posted in GST |

Introduction of the Companies (Amendment) Act, 2020

The Government has promulgated yet another set of amendments in Company law with the introduction of the Companies (Amendment) Act, 2020, which has come into force from September 28, 2020. Introduction of this 4th Amendment in the Companies Act, 2013,... Read More →

Posted in Regulatory |

Note on Faceless Appeal Scheme 2020

The CBDT has Notified the Faceless Appeal Scheme 2020 which has become effective from 25th September 2020. For more details, please refer the attached document:- Note on Faceless Appeal Scheme 2020 Disclaimer:- The information contained herein is in summary form based... Read More →

Posted in Direct Tax |

Highlights of Taxation & Other Laws (Relaxation & Amendment)

The Lok Sabha passed the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020 on 19.09.2020 which seeks to replace the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (introduced in March, 2020 to provide... Read More →

Posted in Direct Tax |

Covid Flow Management During Covid 19

The pandemic has put almost every business in a difficult cash flow situation, starting from long-delayed payments from debtors to bearing fixed cost even with no revenue in hand, statutory payments, recurring financing cost, daily follow-up by the creditors’ which... Read More →

Posted in Audit & Assurance |