Many taxpayers had questions about the implications of Returning to India and how to streamline their compliance. We've created a checklist of items for Returning Indians to make life easier
Format of project report to ask for funds towards relief measures by an NGO
RBI has taken to further measures to ease the financial stress caused by COVID-19 disruptions by providing relief on debt servicing and improving access to working capital; and steps to ease financial constraints faced by state governments.
The Govt. of India has enacted the Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 on June 16, 2006 which was notified on 2nd October, 2006 to deal with the definition of MSMEs. The Enterprises are defined in terms of Investment in Plant and Machinery/ Equipment by both Manufacturing & Service Sector.
First, when saying CA is tough, what are you comparing it to? For the sake of parity, I assume that you might be comparing it to other courses out there. Do you realize a doctor's job is much more critical than you? A wrong surgery and lives shattered.
The Finance Minister while giving the details of the Economic Package announced the extension in the Tax Audit date and the due date to file the Income Tax Return. However, with the deferment one should not forget the Tax Audit Checklist for FY 19-20.
The definition of MSMEs has been changed by the FM, the investments and turnover limits have increased as per the new definition of MSMEs.
GST laws contain Transitional provisions inter alia Section 140 of CGST Act, 2017 (similar provisions in State GST laws) enables the taxpayer to carry forward the unutilized input credit under the pre-GST regime and allow the credit of taxes paid on the stock as on 30.06.2017 as GST credit.
Investing is an art which does require skill and understanding of many financial variables to make an informed decision
TDS is Tax Deducted at Source. It is an indirect way for India's government to raise income tax at source. Union Finance Bill 2020 was presented by India's Finance Minister Nirmala Sitharaman which introduced various amendments for various income tax and the new tax regime for FY 2020-21.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English