CAclubindia Articles

FAQs on QRMP Scheme

CS Lalit Rajput 16 February 2021 at 16:57

Answering 14 FAQs regarding the Quarterly Return and Monthly Payments Scheme, which was announced in the 42nd GST Council Meet and aims at simplifying compliance for small taxpayers.

An attempt to boost one person company

Vinala Keswani 16 February 2021 at 16:22

After the Union Budget 2021, MCA vide notification dated 1st February 2021 made various amendments in Companies (Incorporation) Rules, 2014 w.e.f 1st April 2021. Let us discuss the same.

GST Registration to be cancelled for Mismatch in Sales Return

CA Sapna Ghelani 16 February 2021 at 09:52

CBIC has issued a Standard Operating Process (SOP) for suspension of registration of a person if on the observance it indicates a violation of the GST Act.

TDS on Payments to Residents & Non-Residents

Ayisha Anis 16 February 2021 at 09:52

TDS is a provision to ensure swift recovery of tax and is done at specified rates on specified payments. The government has amended TDS rates for residents, however, these changes are not applicable to NRIs.

Beware of Suspension of GST Registration

Lekhraj sood 15 February 2021 at 09:42

The CGST Amendment Act introduced Suspension of Registration by inserting a proviso to Section 29 (2) of the CGST Act, 2017 effective from 01.02.2019. Let us understand why taxpayers must beware of this.

Section 194LB | TDS on Income by way of Interest from Infrastructure Debt Fund

CA.R.S.KALRA 15 February 2021 at 09:42

Discussing Section 194LB of the Income Tax Act, which deals with the TDS on Income, by way of Interest from Infrastructure Debt Fund including its meaning, rate of TDS and responsibility etc.

GST Charcha on Union Budget 2021

Bimal Jain 13 February 2021 at 17:17

This GST Charcha deciphers into recent changes in the GST Laws made vide Clause No. 99 and 113 of the Finance Bill, 2021 on the issue whether GST is leviable on services provided by Club or Association to its members?

Save upto 78K in Taxes and Also Get Financially Fitter with ETMONEY

Suhasini 13 February 2021 at 16:56

Tax Saving is often considered one of the most important aspects of Financial Planning. We all know that every year we have to pay a certain percentage of our income as tax to the government.