A reduction in the statutory rate of EPF contribution from 12% to 10% came into place in order to increase the take-home pay for employees. Read the FAQs on this measure here.
The Professional Development Committee has hosted the Multipurpose Empanelment Form for 2020-21. The key highlights of the same are stated.
Non-resident taxable person means any person who occasionally undertakes transactions involving supply of goods or services or both, whether as principal
Know all you need to know about the Companies Fresh Start Scheme(CFSS 2020) and LLP Modified Scheme 2020.
GST Law permits refund of unutilised ITC in two scenarios, namely if such credit accumulation is on account of zero rated supplies or on account of inverted duty structure, subject to certain exceptions.
e-TDS/TCS return has to be prepared in the data format issued by e-Filing Administrator. This is available on the Income Tax Department website and NSDL-TIN website
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