Category: Marketing

Finance Minister announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan.

Posted on By Chandan Tiwari No Comments on Finance Minister announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan.

KEY HIGHLIGHTS  ü  Rs 40,000 crore  increase in allocation for MGNREGS to provide employment boost ü  Increased investments in Public Health and other health reforms to prepare India for future pandemics ü  Technology Driven Education with Equity post-COVID ü  Further enhancement of Ease of Doing Business through IBC related measures ü  Decriminalisation of Companies Act defaults ü  Ease of Doing Business…

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Aatma Nirbhar Bharat, Government Business, GST, Income Tax, Marketing, MCA, Media

MCA allows companies to hold Extraordinary General Meetings (EGMs) through VC or OAVM complemented with e-Voting facility/simplified voting through registered emails.

Posted on By Chandan Tiwari No Comments on MCA allows companies to hold Extraordinary General Meetings (EGMs) through VC or OAVM complemented with e-Voting facility/simplified voting through registered emails.

The Ministry of Corporate Affairs (MCA) is fully cognizant of the difficulties faced by companies on account of the ongoing nation-wide lockdown and social distancing due to COVID 19. The Ministry has also taken note of various representations received from industry associations and corporates on the need to facilitate companies in taking certain emergent/ urgent…

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Marketing, MCA, Media

GST Revenue Collection for March, 2020

Posted on By Chandan Tiwari No Comments on GST Revenue Collection for March, 2020

The gross GST revenue collected in the month of March, 2020 is Rs. 97,597crore of which CGST is Rs. 19,183 crore, SGST is Rs. 25,601 crore, IGST is Rs. 44,508 crore (including Rs. 18,056 crore collected on imports) and Cess is Rs. 8,306 crore (including Rs. 841 crore collected on imports). The total number of GSTR-3B Returns filed for the month of February up to 31st March, 2020 is 76.5 lakh. The government has settled Rs….

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GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Marketing, Media, MSME

Finance Ministry issues Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020 today.

Posted on By Chandan Tiwari No Comments on Finance Ministry issues Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020 today.

In order to give effect to the announcements made by the Union Finance Minister vide Press Release dated 24.03.2020, regarding several relief measures relating to statutory and regulatory compliance matters across sectors in view of COVID-19 outbreak, the govt has brought in an Ordinance on 31.03.2020 which provides for extension of various time limits under the Taxation…

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E-Assessment, Income Tax, Marketing, MCA, Media, MSME

Ministry of Corporate Affairs introduces the “Companies Fresh Start Scheme, 2020” and revised the “LLP Settlement Scheme, 2020” to provide relief to law abiding companies and Limited Liability Partnerships (LLPs) in the wake of COVID 19.

Posted on By Chandan Tiwari No Comments on Ministry of Corporate Affairs introduces the “Companies Fresh Start Scheme, 2020” and revised the “LLP Settlement Scheme, 2020” to provide relief to law abiding companies and Limited Liability Partnerships (LLPs) in the wake of COVID 19.

In pursuance of the Government of India’s efforts to provide relief to law abiding companies and Limited Liability Partnerships (LLPs) in the wake of COVID 19, the Ministry of Corporate Affairs (MCA), has introduced the “Companies Fresh Start Scheme, 2020” and revised the “LLP Settlement Scheme, 2020” which is already in vogue to provide a…

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Income Tax, Marketing, MCA, Media, MSME

CBDT issues orders u/s 119 of IT Act,1961 to mitigate hardships to taxpayers arising out of compliance of TDS/TCS provisions.

Posted on By Chandan Tiwari No Comments on CBDT issues orders u/s 119 of IT Act,1961 to mitigate hardships to taxpayers arising out of compliance of TDS/TCS provisions.

Due to outbreak of the Covid-19 pandemic, there is severe disruption in the normal working of almost all sectors. To mitigate the hardships of taxpayers, the CBDT has issued the following directions/clarifications by exercise of its power u/s 119 of the Income-tax Act, 1961 (the Act): All the assessees who have filed application for lower…

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E-Assessment, Government Business, Income Tax, Marketing, MCA, Media, MSME

Finance Minister announces several relief measures relating to Statutory and Regulatory compliance matters across Sectors in view of COVID-19 outbreak.

Posted on By Chandan Tiwari No Comments on Finance Minister announces several relief measures relating to Statutory and Regulatory compliance matters across Sectors in view of COVID-19 outbreak.

The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced several important relief measures taken by the Government of India in view of COVID-19 outbreak, especially on statutory and regulatory compliance matters related to several sectors. While addressing the press conference through video conferencing here today, Smt. Sitharaman announced much-needed relief measures in…

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E-Assessment, GeM Portal, Government Business, GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Income Tax, Marketing, MCA, Media, MSME, NCSRA, Society & NGO, Startup

GeM takes a number of initiatives for procurement of goods and services by Government departments in the fight against COVID-19 Pandemic.

Posted on By Chandan Tiwari No Comments on GeM takes a number of initiatives for procurement of goods and services by Government departments in the fight against COVID-19 Pandemic.

Government e-Marketplace (GeM), a Special Purpose Vehicle under the Ministry of Commerce and Industry, has taken a number of initiatives in the fight against COVID-19 Pandemic. GeM, which operates a dynamic, self-sustaining and user friendly portal for procurement of goods and services by Government offices, has taken steps to enable quick, efficient, transparent and cost-effective purchases…

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GeM Portal, Government Business, Marketing, Media, MSME, Startup

Recommendations of GST council related to law & procedure.

Posted on By Chandan Tiwari No Comments on Recommendations of GST council related to law & procedure.

The 39th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman here today  . The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides  Finance Ministers of States & UTs and seniors officers of the Ministry of Finance. The GST…

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GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Marketing, Media, MSME, Startup

CBDT issues FAQs on Direct Tax Vivad se Vishwas Scheme, 2020

Posted on By Chandan Tiwari No Comments on CBDT issues FAQs on Direct Tax Vivad se Vishwas Scheme, 2020

The ‘Vivad se Vishwas’ Scheme was announced during the Union Budget, 2020, to provide for dispute resolution in respect of pending income tax litigation. Pursuant to the Budget announcement, the Direct Tax Vivad se Vishwas Bill, 2020 (hereinafter called Vivad se Vishwas) was introduced in the Lok Sabha on 5th of February, 2020 and passed by…

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Income Tax, Marketing, Media