With the COVID-19 outbreak and the nation-wide lockdown, the last few weeks have proven to be a challenging time for businesses who depend on day-to-day cash transactions. Restricted cash flows have made it difficult for them to make timely payments to their employees and suppliers/vendors. The current scenario has had a cascading impact on 60 million+ enterprises with over 110 million people employed by this sector. According to a surv..
There are powers granted under Article 279A(4)(f) of the constitution, the GST Council can levy a special tax during any natural calamity or disaster. In order to raise additional revenue from GST, central government was considering imposing a Calamity Cess on GST @ 1% to tide over the economic crisis...
BSE SME listing eligibility norms revised due to COVID 19..
Disclosures of COVID-19 related impacts on business through various statutory documents during finalization of accounts..
Decoding impact of GST on CSR activities in relation to COVID-19..
Plan for safe exit along with COVID 19..
The Finance Minister, Smt. Nirmala Sitharaman announced an Economic Package today that is the 13th of May 2020 at 4:00 PM via a press conference. The Economic Package has been announced to fight the COVID-19 crisis. The Hon'ble PM while addressing the nation on the 12th of May made an announcement regarding the Economic Package worth Rs 20 lacs crore which is equivalent to 10% of India's GDP. Hon'ble FM started her speech saying, "The focus of the Economic Package will be factors for building Aatmanirbhar Bharat". The FM mentioned that 18,000 cror..
Having a post-lock down strategic plan ready for your business will help to revive it from any major setbacks. If you don’t have a strategic plan for your business then it is the right time to think in that direction and revive your business from the effect of COVID-19. ..
An employer should always make sure that his employees are not overburdened with work. Reach out to employees not only to check progress but also to see how they are doing...