The Goods & Service Tax (GST), which was rolled out PAN India as ‘One Nation One Tax’ has been looked by small and medium businesses as complicated and burdening compliance....
Posted by | December 18, 2020
Whilst great hardships caused by the Coronavirus outbreak to business communities, one positive development, which we all must admit is that most businesses have gone digital from the traditional brick...
Posted by | December 11, 2020
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi recently approved Production Linked Incentive (PLI) scheme worth up to Rs 1.46 lakh crore over a 5 year period in a...
Posted by | December 9, 2020
It is been said that the Governments that are transparent and accountable deliver more prosperity to their people. Making data more accessible and useable leads to insights & innovation and...
Posted by | November 27, 2020
Aligned to the recent communications by various government officials, e-invoicing has now been notified for companies with a turnover of Rs 100 crore and above as well. With only few...
Posted by | November 20, 2020
Background 'A Penny Saved is a Penny Earned' means that it is as useful to save money that you already have as it is to earn more. And here we...
Posted by | November 12, 2020
Related party relationships a default feature of business and commerce. Therefore, disclosure of related party transactions, outstanding balances and relationships are crucial as they may affect assessments of an entity's operations and...
Posted by | November 6, 2020
In order to rationalisation and to reduce compliance burden on small and medium enterprises in India, the Finance Act 2020 has brought major amendments to the Income Tax Act, 1961...
Posted by | October 30, 2020
The announcement of extension of tax filing due dates has provided a major relief to the tax payers who were facing the challenge of meeting the statutory and regulatory compliances...
Posted by | October 23, 2020
The Government of India has formalized air bubble arrangements with 16 countries and is in discussion with others for similar arrangements. Besides countries like USA, Canada, France and Germany, the...
