An entire day filled with brisk filing activity and a total number amounting to 16.5 lakh returns (including GSTR 3Bs) were filed yesterday till 7 PM on the GST portal.
An amount of more than Rs. 1,76,217 crore refunded to more than 1.65 Crore taxpayers between 1st April, 2020 to 18th January, 2021 reports The Central Board of Direct Taxes(CBDT).
The Ministry of Corporate Affairs on the 18th January, 2021 notifies authorization under Section 272 (1)(e) of the Companies Act, 2013
ICAI has initiated a number of projects to encourage research-based activities in academia by keen researchers, and for the first time, this year instituted “ICAI International Research Awards 2020" in recognition of the same.
Maharashtra, Haryana, Gujarat, Tamil Nadu, and Karnataka taking lead among the states remain at the forefront of the employment recovery cycle by adding approximately 53% of the total net payroll.
Taxpayers having a turnover of up to 5 Cr. have the option to file their GSTR-1 and GSTR-3B returns quarterly under the Quarterly Return Monthly Payment(QRMP) Scheme.
GST Taxpayers falling under the State Group 1 and having an aggregate turnover of up to Rs. 5 Cr to file their respective monthly GSTR-3B return for December,2020 on or before 22nd Jan, 2021.
The Ministry of Finance introduces a special liquidity scheme for NBFCs and HFCs to address the liquidity constraints.
All the state-owned banks to be provided with greater flexibility through PCGS 2.0, announces The Ministry of Finance.
The President of ICAI, CA. Atul Kumar Gupta addresses various initiatives for students undertaken by ICAI.
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)