FM announces Relief for Stranded NRIs due to COVID Lockdown
Posted Date : 10-Jul-2020 , 10:57:26 am | Posted By
Ca For Nri
FM announces Relief for Stranded Non-Resident Indians and Foreign Nationals for NRI tax rules due to COVID Lockdown. On Friday, Indian Finance Ministry allowed discounting of prolonged stay period in India to determine residency status amid the lockdown. In a much anticipated and awaited relief for ...
Continue Reading...
Category : Income Tax |
Comments :
0 | Hits : 367 |
 |
NRI: Planning to Come Back to India for Good? Check-Points Explained
Posted Date : 10-Jul-2020 , 10:55:32 am | Posted By
Ca For Nri
An individual chooses to stay outside India and work day and night away from family and social circle for years and decades. The intentions are to have better living standards by earning more, looking at opportunities available vis-a-vis in his own home country. The apparent intentions of a person...
Continue Reading...
Category : Income Tax |
Comments :
0 | Hits : 539 |
|
TAX BENEFITS NOT TO BE MISSED BY SENIOR CITIZENS
Posted Date : 09-Jul-2020 , 02:48:44 pm | Posted By
Supriya Dewan
TAX BENEFITS NOT TO BE MISSED BY SENIOR CITIZENS
Who is a senior and very senior Citizen under Income tax Act?
Income tax Act 1961 categorizes senior citizens into senior and very senior citizens: SENIOR CITIZEN: Those who have attained the age of 60 years or above are senior citizens and ...
Continue Reading...
Category : Income Tax |
Comments :
0 | Hits : 951 |
|
Concept of Merchant Exporter
Posted Date : 07-Jul-2020 , 10:03:06 am | Posted By
Ajay Kumar
Concept of Merchant Exporter With recent changes of indirect tax, the Council noticed...
Continue Reading...
Category : Income Tax |
Comments :
0 | Hits : 714 |
|
SEBI (Investment Advisers) (Amendment) Regulations, 2020
Posted Date : 05-Jul-2020 , 09:54:37 am | Posted By
Lalit Rajput
SEBI (Investment Advisers) (Amendment) Regulations, 2020
Securities Exchange Board of India (SEBI) vide Press Release No. PR No.37/2020 dated 03rd July, 2020 has come out with Amendments to SEBI (Investment Advisers) Regulations, 2013 with an aim to strengthen the regulatory framework for in...
Continue Reading...
Category : SEBI |
Comments :
0 | Hits : 1101 |
|
How to file EPFO online Advance Claims
Posted Date : 05-Jul-2020 , 09:52:14 am | Posted By
Lalit Rajput
How to file EPFO online Advance Claims
Employees' Provident Fund Organization (EPFO), India Ministry of Labour & Employment, Government of India has issued Instructions for filing online claims for the purpose - "Outbreak of Pandemic (COVID-19)"
Prerequisites:
...
Continue Reading...
Category : Corporate Law |
Comments :
0 | Hits : 540 |
|
COMPANIES (REMOVAL OF NAMES OF COMPANIES FROM THE REGISTER OF COMPANIES) AMENDMENT RULES, 2020.
Posted Date : 05-Jul-2020 , 09:38:58 am | Posted By
Lalit Rajput
COMPANIES (REMOVAL OF NAMES OF COMPANIES FROM THE REGISTER OF COMPANIES) AMENDMENT RULES, 2020.
MINISTRY OF CORPORATE AFFAIRS (MCA) vide Gazette ID CG-DL-E-29062020-220254 and G.S.R. 420(E) dated 29th June, 2020 has issued and published the Companies (Removal of Names of Companies...
Continue Reading...
Category : MCA |
Comments :
0 | Hits : 1849 |
|
Revised Guidelines on Classification of MSMEs and Registration under Udyam
Posted Date : 27-Jun-2020 , 08:49:51 pm | Posted By
Mahesh Bansal
The Central Govt. has notified revised method of classification of micro, small and medium enterprises w.e.f. 1st July 2020. Those who could not find time to read entire notification or could not get any point clearly, may go through the following gist with examples for simple but clear understandin...
Continue Reading...
Category : Banking |
Comments :
0 | Hits : 1669 |
|
Prohibited use or application of income or property OF Charitable trust
Posted Date : 27-Jun-2020 , 03:06:36 pm | Posted By
CA Sandeeprawat
Prohibited use or application of income or property OF Charitable trust when any part of the income or any property of the trust whenever created, is, during the previous year, used or applied directly, for the benefit of any person referred to in section 13(3), the denial of exemption opera...
Continue Reading...
Category : Income Tax |
Comments :
0 | Hits : 791 |
|
Time Of Supply under RCM in GST With Practical Point
Posted Date : 26-Jun-2020 , 09:37:30 pm | Posted By
CA Sandeeprawat
Time Of Supply under RCM in GST With Practical Point Generally, the supplier of goods or services is liable to pay GST. However, in specified cases like imports and other notified supplies, the liability may be cast on the recipient under the reverse charge mechanism. Reverse charge means the...
Continue Reading...
Category : GST |
Comments :
0 | Hits : 1079 |
|
GEARING UP FOR ASSESSMENT YEAR 2020-21 & SUBSEQUENT ASSESSMENT YEARS
Posted Date : 22-Jun-2020 , 08:47:41 pm | Posted By
Supriya Dewan
GEARING UP FOR ASSESSMENT YEAR 2020-21 & SUBSEQUENT ASSESSMENT YEARS
BACKGROUND: This article shall provide an insight into changes in Income tax forms, additional disclosures required by income tax department and main considerations while filing Income tax returns. It is advisable for u...
Continue Reading...
Category : Income Tax |
Comments :
0 | Hits : 1060 |
|
Is Indian Economy Sinking ? It’s Impact on Common Man & Financial Tips
Posted Date : 20-Jun-2020 , 12:54:57 pm | Posted By
CA JATIN RATHOR
IS INDIAN ECONOMY SINKING ? ITS IMPACT ON COMMON MAN AND FINANCIAL TIPS As per the World bank Forewarn the global economy is going to shrink by 5.2% this year resulting into a global economic crisis deepest recession catastrophe ever in decades.
We cannot deny the fact that Indian economy is...
Continue Reading...
Category : Finance |
Comments :
0 | Hits : 1350 |
|
Documents required for the GST Registration
Posted Date : 13-Jun-2020 , 06:45:00 pm | Posted By
CA. Ajay Agrawal
(Please STRICTLY follow the Guidelines of Dept for size of the files )
Documents for Proprietor / Each Partner / Each Director -
1) PAN Card copy
2) Aadhaar Card copy
3) Mobile number and email id
4) Photo ( in JPG Format Only - max size 100 kb)
5) Place of Business - Detailed Address wi...
Continue Reading...
Category : GST |
Comments :
0 | Hits : 975 |
|
GST on Director’s Services - An Instigating Litigation with multiple Absurdity
Posted Date : 05-Jun-2020 , 03:14:42 pm | Posted By
Neelam Yadav
GST on Director’s Services - An Instigating Litigation with multiple Absurdity
General Background:
1.1 The legislature seems to have been marred by numerous interpretation and cause unintended disputes between tax payers and tax authorities. The corporates are still trying to...
Continue Reading...
Category : GST |
Comments :
0 | Hits : 1477 |
|
Art of fund raising
Posted Date : 04-Jun-2020 , 06:22:29 pm | Posted By
CA JATIN RATHOR
“Capital crunch in business” – 10 possible ways of refinancing your business- “ART OF FUND RAISING”
Leave a Comment / Uncategorized / By CA Jatin Rat
Getting battle ready for post covid 19 world is the real test of time and could rack one brain t...
Continue Reading...
Category : Finance |
Comments :
0 | Hits : 1637 |
|
HOW TO MAINTAIN FINANCIAL HEALTH DURING COVID-19
Posted Date : 25-May-2020 , 10:01:01 pm | Posted By
Supriya Dewan
HOW TO MAINTAIN FINANCIAL HEALTH DURING COVID-19
BACKGOUND: The whole world economy is expecting an uncertainty and hardship because of the unprecedented COVID 19 pandemic. There has been a slump in stock markets, failures in reviving businesses, catastrophic impact on workings hours and earni...
Continue Reading...
Category : Income Tax |
Comments :
0 | Hits : 1385 |
|
Forensic Accounting and Auditing - An opportunity in today's world
Posted Date : 23-May-2020 , 05:31:17 pm | Posted By
Shankit Sharma
What Is Forensic Audit- Forensic Audit is an examination of evidence regarding an assertion to define its correspondence to established criteria carried out in a manner suitable to the court. For example, a forensic audit of sales records to determine the quantum of rent owing under a lease agreemen...
Continue Reading...
Category : Auditing |
Comments :
0 | Hits : 2145 |
|
OPPORTUNITY IN CHAOS: THE ERA OF STARTUPS AND INNOVATION
Posted Date : 20-May-2020 , 09:50:49 pm | Posted By
Supriya Dewan
OPPORTUNITY IN CHAOS: THE ERA OF STARTUPS AND INNOVATION
BACKGROUND:
The COVID 19 pandemic persists to be a health and human crisis, but the impact on business organisations is sagacious. Amidst this crisis, the major focus of Government is on promotion of start-ups as they are much more flexible,...
Continue Reading...
Category : Income Tax |
Comments :
0 | Hits : 1366 |
|
REMOTE BANK AUDIT: A VALUABLE TOOL DURING PANDEMIC
Posted Date : 20-May-2020 , 09:49:17 pm | Posted By
Supriya Dewan
REMOTE BANK AUDIT: A VALUABLE TOOL DURING PANDEMIC What is Remote Auditing??? The remote audit also may be referred to as E Auditing is exactly same as an audit but in involves use of electronic means to collect Audit Evidence. Remote Auditing techniques involve sharing files via email, Googl...
Continue Reading...
Category : Auditing |
Comments :
0 | Hits : 1637 |
|
CARO 2020: A TOOL FOR BETTER CORPORATE GOVERNANCE- INCREASED ONUS ON AUDITORS
Posted Date : 11-May-2020 , 10:25:19 pm | Posted By
Supriya Dewan
CARO 2020: A TOOL FOR BETTER CORPORATE GOVERNANCE- INCREASED ONUS ON AUDITORS
CARO 2020 is a contemporary layout for issuance of audit reports in case of statutory audits of companies under Companies Act, 2013. After debates with the National Financial Reporting Authorit...
Continue Reading...
Category : Auditing |
Comments :
0 | Hits : 1801 |
|
|
