In India, export regulations mandate that exporters have to submit documents declaring the value of goods exported when they leave the country. Before the introduction of the Export Declaration Form (EDF), this was used to be in the form of submission of GR and PP forms which is meant to regulate and monitor foreign exchange...
GST refunds and the process can be skeptical to some whereas, if you have the right information by your hand, then things become simple. There are a few notches that one needs to understand before taking on the process. As the application beholder, one needs to learn the quick things about GST Refunds, time limits,...
Our Founder & Managing Partner, Hasmukh Shah has provided guidance to thousands of MSME businesses from the Kuchhi community on YouTube live at the webinar organized by Mumbai-based NGO- Vagad Visha Oswal Borivali Social Group. The MSME businesses are facing a critical financial crisis due to the complete stasis of the businesses amidst the lockdown...
Accounting has evolved and if you are not keeping up with the latest advances, chances are your clients won’t be satisfied or they may drop you entirely. With new and more stringent regulations being imposed, along with the advent of cloud computing and escalating competition, you have to stay ahead of the curve to flourish....
Various measures have been announced from time to time to provide relief to the employers and employees of the establishments covered under the Employee’s Provident Fund and Miscellaneous provisions Act, 1952 (EPF & MP Act) distressed by the lockdown to prevent spread of COVID-19 and other disruptions due to pandemic. As part of the stimulus...
Amidst the chaos of the coronavirus pandemic, the situation is tense in most of the countries where millions have lost their jobs with no essential services available for residents in many countries worldwide. Not to mention, the number of Corona cases are rising exponentially even in developed countries like the US and numerous countries in...
Almost all global and domestic companies have, during the lockdown period, rolled out work-from-home policies amid the spread of COVID-19 and now it is realistic to assume that shifting to the ‘home office’ will be the new normal for many of us for a few more days. This might be the first time for most...
Income Tax Extends last date for income tax returns for FY 2018-19 (AY 2019-20) from 31st March, 2020 to 30th June, 2020. Aadhaar-PAN linking date to be extended from 31st March, 2020 to 30th June, 2020. Vivad se Vishwas Scheme – No Additional 10% amount, if payment made by June 30, 2020. Due dates for ...
A soap opera normally would mean programmes or series which continue over a long period and are broadcasted at regular intervals. History Tax Amnesty Schemes in India, series of them, have been offered at regular intervals. In fact, Indians have started to predict with a reasonable level of certainty, about the forthcoming Tax Amnesty Scheme. ...
Direct Tax Proposals Optional new tax regime to INDIVIDUALS Income tax slab rates applicable under the NEW Tax regime and Old Tax regime to Individuals are as below: Surcharge and Cess would apply as per existing rates. Option to be exercised every year by an Individual or HUF having NO Business Income, in other cases...
