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The 45th GST Council meeting is scheduled to be held on September 17, 2021 at Lucknow. This will be a significant meeting. This is the first physical meeting after a long time.
The PLI scheme and new drone rules are intended to catalyse super-normal growth in the upcoming drone sector. The aviation ministry expects drone manufacturing to attract investment of over Rs 5,000 crore in the next three years, generating over 10,000 direct jobs over the next three years.
The Central Govt. on 15.09.2021, approved the Production-Linked Incentive (PLI) scheme for drones and drone components. It is a step towards realising our collective vision of an Aatmanirbhar Bharat.
The process of transferring EPF by an EPF account holder has been made seamless by EPFO. It can be done online by way of a few clicks on by logging in at the Unified EPFO member portal
The deadline for linking the EPA account to the Aadhaar card has been extended. Subscribers can now link their UAN to Aadhaar by December 31, 2021. Earlier, its last date was August 31, 2021.
OPC shall file a copy of the financial statements duly adopted by its member, along with all the documents which are required to be attached to such financial statements, within 180 days from the closure of the FY.
CBDT has considered representation w.r.t. difficulties reported by the taxpayers and other stakeholders in the filing of ITR and various reports of audit for the AY 2021-22 under the Income-tax Act, 1961.
The amended Rules mandate that electronic records submitted through the registered account of the taxpayers in the Income Tax Department’s portal shall be deemed to have been authenticated by the taxpayer by EVC.
Discussing compliance requirements and important updates under the Income Tax Act, GST Act, FEMA, SEBI, Companies Act, IBBI and other statutory laws for the month of September 2021.
The Reserve Bank of India will start imposing penalties on banks in case the ATMs remain out-of-cash for a total period of 10 hours in a month from October 1, 2021, onwards.
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