Business compliance

Companies Granted Additional 180 days to file Declaration of CoB

Declaration of CoB

In view of the COVID-19 outbreak, the Government has granted companies an additional 180 days to file the Declaration of CoB in the Form INC-20A.   Time-limit to file Declaration of CoB Raised As per the Companies Act 2013, every newly incorporated company is required to file a declaration of commencement of business (CoB) in … Read more

Now NIL GST Return Filing Easier than Ever!

NIL GST Return Filing Easier than Ever

The GST department has given a major relief to taxpayers by making GST Return Filing easier like never before! The tax department has allowed them to file NIL GSTR-3B Return easily through SMS. This is indeed a great relaxation for the 22 lakh taxpayers having GST registration who earlier had to log in to the … Read more

7 Super-easy Steps How to get PAN Card Number Online

PAN card number online

Recently, the government has introduced a new facility to obtain PAN Card Number Online through Aadhaar e-KYC functionality. Now, the applicants can get a new PAN Card Number Online very easily through Aadhaar based PAN application online. Let us understand this process easily. How to get PAN Card Number Online through Aadhaar e-KYC? Now, the … Read more

All IPR Deadline Extended due to COVID-19

IPR deadline extended due to COVID-19

After a thorough review, the CGPDTM has announced that all IPR deadline extended due to COVID-19.  CGPDTM has declared that the due dates, as for the procedures recommended under the IP Acts, regarding any reply, documentation, and payment of govt fees, and so on in respect of all IP applications falling due from 15th March … Read more

10 FAQs on New EPF Contribution Rules

new epf contribution rules

As we all know that the government has announced the new EPF contribution rules, which are going to result in a hike in the amount of monthly take-home salary of all the employees. Besides, a ₹ 2500 crores EPF contribution support shall be given to the businesses having EPF registration as well as the employees … Read more

Government Now Reduces Rate of TDS and TCS

rate of tds tcs reduced

There’s a great relief for the Indian taxpayers! The government has reduced the rate of TDS & TCS rates under its newly introduced Atmanirbhar Bharat: The Special economic & comprehensive Corona relief package worth ₹20 lakh crores. The Finance Minister of India Smt. Nirmala Sitharaman had explained the minute details of the Atmanirbhar Bharat economic … Read more

Government Introduces a New Definition of MSMEs

new definition of msmes

The Government has revised the definition of MSMEs under its newly announced Atmanirbhar Bharat Special economic & comprehensive relief package of ₹20 lakh crores. The Honourable Finance Minister Smt. Nirmala Sitharaman has given the details of this economic revival package. Numerous reliefs are announced for the small MSME businesses. Very importantly, the classification of MSMEs … Read more

Income Tax Return Filing Due Date for FY 2019-20 Further Extended

Income Tax Return Filing date extend

The Government has extended the Due Date of Income Tax Return Filing for FY 2019-20 under its newly introduced Corona relief package. Today, the Honourable Finance Minister Smt. Nirmala Sitharaman has announced the Special economic & comprehensive relief package worth ₹20 lakh crores. This package is to give relief and credit support to all the … Read more

Due Date for Filing GSTR-9 and 9C Extended

gstr-9 & 9c date extended

The GST department has now extended the due date of filing GSTR-9 & 9C for all the taxpayers having the annual turnover of INR 5 crore. As we know, the entire world is facing the blight of the Novel Coronavirus pandemic, or the COVID-19. The increasing number of cases of Coronavirus infection is a matter … Read more

FSSAI Registration and License Process through e-inspection

fssai registration through e-inspection

The apex food safety regulator FSSAI has announced that processing of FSSAI registration & Licenses will be done through e-inspection.  Recently, FSSAI had updated on concerns about the manual handling of FSSAI License Applications. The Food licensing authority has now come out with a solution in the form of the e-assessments method, during the lockdown … Read more