Pvt. Ltd. Company is the most popular form of starting a business. However, there are various compliances which are required to be followed once your business is incorporated. Let us understand those.
The CBIC vide Notification No. 79/2020 notified CGST (Twelfth Amendment) Rules, 2020 amending CGST Rules, 2017 vide various following amendments have been made in GST Forms. Let us understand those.
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The GST department has brought 9 new updates for the taxpayers to ease the compliance processes, and to further automate the compliance procedure. Let us understand those updates.
GST Council on 15.10.2020 announced various changes in the GST Regime vide Notification Numbers 74/2020 to 79/2020. Know more about those changes here.
The government on 15th Oct 2020 notified the taxpayers of various changes that have been made after the 42nd GST Council Meet. Here is a summary of those changes.
A taxpayer is eligible for deduction up to 30% of Additional Employee Cost for three consecutive assessment years, starting from the relevant previous year in which a new employee was employed.
MSME has implemented AI & ML on its robust Single Window System 'Champions' which was launched by the PM on 1.6.20. This system has physical control rooms at 69 locations in the country.
Consequent to the recommendations made by the GST Council in its 42nd meeting held on 5.10.2020, the govt. has issued a number of notifications giving effect to the recommendations.
As a professional, we should have sound skills of interpretation of statutes. In this article, we will discuss the interpretation of statutes with the provisions of the Companies Act, 2013.
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