The importance of Micro, Small, and Medium Enterprises in any nation's economic growth is beyond doubt. For any economy, it is important to move from agriculture to industry and form industry to the service sector for economic growth and this migration is facilitated by the MSME sector.
The MCA has issued new SPICe+ Form, the SPICe+ form will replace the existing SPICe form. The form will be used for multiple services viz name reservation, incorporation, DIN allotment, mandatory issue of PAN, TAN, EPFO, ESIC, Profession Tax (Maharashtra) and Opening of Bank Account.
The Ministry of Finance on the 22nd of January announced 3 due dates for filing GSTR-3B, keeping in mind the concerns raised by the taxpayers with respect to the filing of GSTR-3B. This article tries to shed some light on why did the government take the step to issue three due dates.
The income tax department on October 7, 2019 launched its faceless e-assessment scheme for taxpayers. Under the scheme, there would be no physical interface between an assessing officer and an Assessee.