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RBI Waive Off NEFT and RTGS Payment Charges; A Step to...

NEFT and RTGS Payment Charges

Reserve Bank of India (RBI) has announced to remove all the current charges which were applicable on the money transfer is done through Real - Time Gross S...

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GST

A Glance through GST Form CMP-02 and CMP-08

A Glance through GST Form CMP-02 and CMP-08

In April 2019, a new tax payment process was prescribed for composition dealers to simplify compliance for them. GST Form CMP-08 was introduced in the...

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Income Tax

ITR Exemption to Non-Resident Indians on IFSC Investmen...

ITR Exemption

The nonresident taxpayers are allowed ITR exemption on IFSC investments as per the notification issued by the Central Board of Direct Taxes (CBDT[1]). The...

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Latest News Taxation

Implications of Newly Introduced Section 194M

section 194M

A new section 194M is inserted in the Finance Bill 2019 in the Union Budget 2019 to avoid tax evasion. This section has been inserted in case of transactio...

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MCA Notification

Loksabha Approves Companies Act Amendment Bill 2019...

The Loksabha passed the Companies Act 2013 Amendment Bill 2019. The Bill was introduced by the Finance Minister of India, Mrs Nirmala Sitharaman as on Frid...

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GST

Time of Supply under GST: A Comprehensive Detailed Info...

time of supply

Time of supply or as earlier as it was the point of taxation is a process which is used to determine the point of time, when tax is required to...

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GST

36th GST Council Important Updates

36th-GST-Council

The 36th GST council meeting concluded with important updates as on 25th July 2019. The Finance Minister Nirmala Sitharaman chaired the meeting. Highlights...

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MCA Notification

Web-Based KYC Verification Service for Directors by MCA...

In a recent update, the Ministry of Corporate Affairs has issued new guidelines. The guidelines are in relation to KYC verification of existing director...

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