Development of new return filing system by GSTN
GSTN is developing components of new return filing system and is analysing/ improving user interface before notifying the same. In the meantime, GSTN has started analysing the gst returns …
Tag: GOI
Task Force for drafting New ‘Direct Tax Legislation’ Reconstituted
Govt. has reconstituted the Task Force to draft the new 'Direct Tax Legislation' to replace/ rewrite the existing (50 plus years old) Income Tax Act, with deadline for its …
Govt. Clarifies Status of Exporter’s GST Refunds as on 31 Oct. 2018
Govt. clarifies that Exporter's refund claims are being processed expeditiously. As on 31 Oct. 2018, claims of Rs 82,775 crore have been processed out of total refund claims of Rs …
Companies Amendment Ordinance 2018 promulgated by Govt.
Govt. has notified/ promulgated the 'Companies (Amendment) Ordinance, 2018', amending/ incorporating various provisions relating to different financial year for consolidation, filing of declaration for commencement of business, maintenance of …
Composition Dealers can submit GSTR-4 without filling details in Item 4A of Table 4
CBIC has issued a Press Release to clarify that composition dealers can submit quarterly GSTR-4 without filling/ submitting details of inward supplies in Item No. 4A of Table 4, …
PAN-Aadhaar Linking for ITR Filing Valid, Aadhaar for Govt. Subsidies OK: SC Judgement
Hon'ble Supreme Court of India (SC) has upheld the constitutional validity of Aadhaar project. Now Aadhaar is mandatory for availing benefits of Government subsidies and for filing Income Tax …
ESIC to pay ‘Unemployment Allowance’ to Insured Persons under ‘Atal Bimit Vyakti Kalyan Yojna’
Ministry of Labour (GOI) has made a Scheme named as 'Atal Bimit Vyakti Kalyan Yojna', whereby the ESIC will make payment for relief during unemployment, i.e. 'Unemployment Allowance', to …
Small Savings Interest Rates Increased for Q3 of FY 2018-19 (NSC, PPF, KVP, SSAS, SCSS)
Govt. has notified that interest rates of Small Savings Schemes (NSC, PPF, KVP, SSAS, SCSS, etc.) have been increased by 0.3% to 0.4% in respect of Q3 of FY 2018-19 …
GSTR-1/ GSTR-3B Due Date for Migration cases (July 2017 to Nov. 2018) is 31 Dec. 2018
Last date for furnishing FORM GSTR-1 and GSTR-3B for the months of July, 2017 to November, 2018 has been specified as 31 Dec. 2018. for Taxpayers those who are migrating to …
GSTR-1 Due Date Extended upto 31 Oct. 2018 (July 2017 to Sept. 2018)
Govt. has launched 'one time late fee waiver scheme' for delayed filing of GSTR-1 for the period July 2017 to Sept. 2018 for certain Taxpayers. Now they can file …