As you all are aware, the government has extended most tax deadlines, including the due dates for tax return filing due to the pandemic situation. But as the idiom goes ‘the early bird catches the worm,’ filing the tax returns early not only relieves you of the process early [...]

COVID-19 and the resulting lockdown have caused almost a standstill of all the business activities not only in India but all across the world. It has created massive uncertainty in global capital flows. Among all the issues that matter right now, FDI should not be forgotten. [...]

CHANGES IN VARIOUS TAX COMPLIANCES DUE TO NOVEL CORONAVIRUS (COVID19)Due Dates For Income Tax CompliancesEPFO Related ChangesESIC Related Changes[...]

Day-1: Honorable Prime Minister Shri. Narendra Modi, in his address to the nation on 12/05/2020, announced a Fiscal Stimulation package of Rs. 20 Lakh Crores and named it “Aatma-Nirbhar Bharat Abhiyan,” which means Self-reliant India Movement. This Package roughly amounts[...]

This era of humanity is led by money and power; when the whole world was running behind building their empire of money shedding trees, a novel strain of coronavirus changed the outlook entirely and brought the entire global economy to their knees. The reason behind the same was t[...]

Introduction: In addition to “Companies Fresh Start Scheme, 2020” ,the Central Government in exercise of its power u/s 460 of the Companies Act, 2013 (extended to LLPs vide Gazette Notification No. G.S.R. 59(E) dated 30th January, 2020 u/s 67 (2) of the Limited Liability [...]

Introduction:SPICe+ is an integrated web form offering 10 services by 3 Central Government Ministries & Departments. (Ministry of Corporate Affairs, Ministry of Labour & Department of Revenue in the Ministry of Finance) and One State Government (Maharashtra), thereby savi[...]

Introduction:In pursuance of the Government of India’s efforts to provide relief to law abiding companies in the wake of COVID 19, the Ministry of Corporate Affairs (MCA), has introduced the “Companies Fresh Start Scheme, 2020” to provide opportunity to companies to make go[...]

Taking cognizance of the gravity of the public health situation, the Government in the Ministry of Corporate Affairs has relaxed the rules with respect to meetings of the board and dispensed with the necessity of holding physical meetings on matters relating approval of finan[...]

Cases Where Input Tax Credit under GST Cannot Be Availed ·        Motor vehicles & conveyance ITC is not available for Motor vehicles used to transport persons, having a seating capacity of less than or equal to 13 persons (including[...]