The COVID-19 has put the adverse effect not only on the real estate sector but other sectors as well. The blow due to COVID pandemic is very big and it will take time to come out of the glut. The Maharashtra government has decided to reduce stamp duty on real estate to encourage homebuyers to … Read more
Many companies are shutting down under this COVID-19 epidemic and lockdown scenario. Due to the slow down in the economy, and keeping in mind the problem of unemployment, the Central Government has decided to extend the eligibility criteria and enhance payment of unemployment benefits for those who have applied for ESIC Registration and also get … Read more
In its financial policy review on Thursday, the Reserve Bank of India provided the agreement to an RBI Loan Restructuring Scheme for stressed borrowers. A special window granting one-time loan restructuring to companies and individuals, it will give relief particularly to those affected by the Covid-19 pandemic. However, Under the COVID Loan Restructuring Scheme, consumers may get more delay … Read more
To offer some relief to taxpayers in the pandemic, the Central Board of Direct Taxes newly extend Income Tax Return Filing (ITR) date extended for Financial Year 19. On Wednesday, the government increased the period for ITR Filing for FY2018-19 by a month till July 31, 2020. The scheduled date for the income tax return … Read more
Due to the pandemic and the uncertain situation in the country, the food regulator has extended the deadline for the food license registration until December 31st this year. Gujrat Trader Federation (GTF) are representing the FSSAI extends the deadline for food license registration. Before this, the CEO of Food Safety and Standards Authorities of India (FSSAI) … Read more
The GST department has recently announced that the ban on deemed approval of GST Registration shall now be lifted soon. As we know that the country was under complete lockdown since 25th March 2020, on account of COVID-19 pandemic. There were many people who had filed applications for GST Registration, which were being deemed approved … Read more
The 40th GST council meeting had cleared regarding the late fee on GST return filing. We shall today discuss the minutes regarding the GST late fee. Great Relief! Businesses can file GSTR-3B without DSC during COVID-19 Lockdown Interest on Late GST return filing Taxpayers can file returns thanks inside March, April, and May 2020 by … Read more
Our honorable PM Sh Narendra Modi has launched one more scheme- Atmanirbhar Uttar Pradesh Rozgar Abhiyan, for the state of Uttar Pradesh. As we know that PM Modiji has established a new aim of Atmanirbhar Bharat to strengthen the Indian economy. On the same grounds, Modiji has now launched the Atmanirbhar Uttar Pradesh Rozgar Abhiyan. … Read more
Great news for all Indians! The Government e-Marketplace has now introduced a new category for Medical Equipment to combat the Novel Coronavirus disease aka COVID-19. This is indeed a big relief for the whole nation that is badly hit due to the dreadful COVID-19 and was facing a lack of much needed Medical Equipment to … Read more
The Ministry of Home Affairs (MHA) has now issued new guidelines for Unlock 2.0 or the second phase of relaxing lockdown. These rules are made to allow some more activities to open in the regions outside the containment Zones. Very importantly, these new guidelines for Unlock 2.0, shall come into effect from 1st July 2020. … Read more