Promulgated by the President in the Seventy-second Year of the Republic of India, listed in this news piece is an Ordinance further to amend the Insolvency and Bankruptcy Code, 2016.
New Functionalities made available for Taxpayers on GST Portal during March 2021 with regard to Registration, Returns, Refunds, Audit, Front Office and Webinars.
FM talked about thematic priorities for New Development Bank for discussion during 2021 and the issues of membership expansion. She also called for greater coordination among BRICS member countries on the issues of 16th general review of Quotas of IMF.
Notified taxpayers who are reporting e-invoices, are hereby advised not to wait for the complete auto-population, and instead proceed with preparation and filing of GSTR-1 for March, 2021 (by the due date), based on actual data as per their records.
The growth forecast for India in FY 2021-22 have been pegged above 10% by the World Bank, IMF and several global research organisations underscoring that India will continue to remain an attractive investment destination in the near future.
The Institute of Company Secretaries of India has created a unique platform to deliberate upon crucial aspects of modules and subjects and clarify academic queries of students in a streamlined manner by Academic Officers and Expert Faculties.
The Finance Act, 2021 hasn't brought in any additional or new tax on hardworking Indian workers in Saudi/UAE/Oman/Qatar. It has merely incorporated general definition of the term "liable to tax" in the Income Tax Act to provide clarity.
CBIC has notified certain rules for Verification of Identity. The outcome of the verification of identity shall be captured in the Customs Automated System and informed to the person verified.
MCA has made amendments in the provision related to Audit Trail and made them effective for FY commencing on or after 01st April 2022, on request made by the Institute of Chartered Accountants of India.
India Attracts a total FDI inflow of US$ 72.12 billion from April 2020 to January 2021. Computer Software & Hardware emerged as the top sector with 45.81% of total FDI Equity inflow.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
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