Govt Exploring 18% GST on purchase of Cryptocurrencies with Foreign Crypto Exchanges
Foreign Crypto exchanges may be required to pay GST on the transactions with Indian citizens as the Government is thinking of levying GST at the
DGFT Extends Time Line To Update IEC Upto 31st July 2021
DGFT has extended the timeline to update IEC code for Financial Year 2020-21 from 30th June 2021 to 31st July 2021. DGFT vide its notification
How Govt Ignored Majority Of Taxpayers While Announcing Covid Related Tax Exemptions
On 25th June 2021 as Media broke out the news of income tax exemptions on expenses incurred on medical treatment of Covid, it elated the
Govt announces Covid Related Income Tax Exemptions and further extends Income Tax Deadlines
Government today provided a major relief to taxpayers as it announced income tax exemptions for amount received for medical treatment of Covid-19 and also on
GST Annual Return GSTR 9/9C for FY 2019-20 extended to 31st March 21
Providing relief to all the GST registered persons and tax professionals, the Last date for filing GSTR 9 and 9C for Financial Year 2019-20 has
5 Major Benefits for Startups in Union Budget 2021
Startups are said to be the driver of the future growth of an economy. On 1st Feb 2021 during the presentation of the Budget for
July 2021 Due Dates for GST and Income Tax Compliances
Due Dates for GST and Income Tax during the month of July 2021 are mentioned in the tables below Due Dates for GST in the
10 Expectations of Start-ups from Budget 2021
Start-ups have huge potential to be the growth vehicle of the future economy. Amid the ambitious targets of the 5 Trillion dollar economy, these Startups
Narendra Sonawane Seeks Nation Support for Tax Reforms through Video Appeal
Narendra Sonawane, President of All India Protest Committee (AIPC), has sought participation and support for tax reforms through a video message in regard to the
“Protest for tax reforms on 29th Jan is to make GST, a good and simple tax” says AIPC President (Read full interview with Narendra Sonawane)
As we all know that WMTPA, Western Maharashtra Tax Practitioner’s Association, which has called a nation-wide protest for tax reforms on 29th January 2021 against
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