Mandatory use of Accounting Software having Audit Trail
w.e.f FY commencing on 01.04.21 every company shall use accounting software having feature to record audit trail of each transaction,...
HSN code on GST portal
GSTN has enabled new functionality to search by Name or code on GST portal.
Effects of New Income tax Regime
Tax payers having business income are not eligible to choose between existing tax & new tax regime every year.
No charges on transaction through UPI
NPCI said transaction through UPI would continue to be free
QRMP Scheme
File your GST returns just once a quarter w.e.f 01.01.21 For Taxpayers with annual turnover upto ₹ 5cr.
PF Interest
EPFO to pay FY20 interest amount in one go, not in installmentst. The provident fund interest for FY20, as approved...
Introduction of Sec-194-O in I.Tax Act
w.e.f 01-10-2020, to provide that every e-commerce operator facilitating the sale of goods or provision of services of an e-...
TDS on cash withdrawal
w.e.f 1 july 20 , To implement digital transaction, Finance department imposed 2% TDS u/s 194N on a sum of...