Articles by Mitali

Frequently Asked Questions on DRC-03A

Mitali 06 November 2024 at 12:02

Form GST DRC 03A has been introduced in the GST portal to adjust payments made through Form GST DRC 03 against any outstanding demand in electronic liability register.

Three-Year GST Return filing Limitation Period Starting From 2025

Mitali 30 October 2024 at 12:24

As per the notification, returns which are pending beyond three years could lead to compliance issues.

Smart Festive Investment Tips on This Dhanteras

Mitali 29 October 2024 at 10:59

"Dhanteras" is celebrated just two days before Diwali which is considered an auspicious day for purchasing jewelry, property, and other valuables items that symbolize good fortune and prosperity.

CBDT Grants Extra Time for Taxpayers Requiring Audit

Mitali 26 October 2024 at 11:57

Due date to file ITR, those requiring an audit is October 31, 2024. Within this due date taxpayers such as company (whether tax audit applicable or not applicable), other than a company and partner of the firm are required to file the return.

Foreign Exchange Management Act (FEMA) Compounding: Common Queries Answered

Mitali 05 October 2024 at 17:10

For the purposes of compounding, the provisions under FEMA, the Foreign Exchange (Compounding Proceedings) Rules, 2024 and Directions - Compounding of Contraventions under FEMA, 1999, ‘may be referred to.

Archived GST Return Data Restored - Don't Miss Out

Mitali 30 September 2024 at 08:33

GST Return Data which have been archived earlier it has been restored now.

Important Changes From 1st October 2024 In PPF Rules

Mitali 28 September 2024 at 14:51

PPF is a government scheme in India designed to encourage long-term savings investments.

GoM's GST Rate Review: Upcoming Changes and Discussions

Mitali 23 September 2024 at 11:09

The Group of Ministers (GoM) will be going to meet for GST rate rationalisation on September 25 in Goa.

Revamping The Income Tax Act: New Tax on Exempt Categories

Mitali 20 September 2024 at 15:24

The Finance Ministry is accelerating efforts to review and streamline the Income Tax Act of 1961.

FEMA 2024 Rules: Higher Limits and Online Payments Introduced

Mitali 14 September 2024 at 11:54

The Foreign Exchange Management Act (FEMA) came into effect from 1st June 2000, extends to whole India, applies to all branches, offices and agencies outside India, owned and controlled by a person resident in India.