Maintaining of the Statutory Registers & Records by the Company Statutory Books:- The term statutory register means the specified records related to a directors, companies shareholders & details of the meeting held. These are the additional records which are maintained by the company. Mostly companies keep their records and statutory records in a bound book …
Now Negative figure will be allowed in GSTR-3B -Table 4(eligible Input Tax credit) GSTN will soon allow negative values in Table 4 of GSTR-3B return (i.e. eligible Input tax credit, which will allow users to disclose the Input tax credit available net off the credit notes values in Table 4A of GSTR-3B return. This will …
Taxpayers Relief to Claim Tax Deductions U/s 115BAC to boost Alternative Tax Regime Union Budget for 2023 is coming and Individuals are concerned about the relief that will be provided Budget for 2023. Last budgets provided a range of benefits, including exemptions and deductions, which were frequently subject to several restrictions, People are interested in …
A new way of online transaction without Bank Account – Digital Rupee What is Digital Rupee? Reserve Bank of India launched Digital rupee and it is considered as a mean to implement monetary policies to provide control growth, stability & influence inflation. Digital Rupee is a Centrally Backed Digital Currency (CBDC) which is like regular …
Tax & Statutory Compliance Calendar for January 2023 Income Tax Income Tax – Tax Deduction At Source/Tax Collection At Source Liability Deposit Dec-22, 7-Jan-23 Due date of depositing Tax Deduction At Source/Tax Collection At Source liabilities under the Income Tax Act, 1961 for the previous month. Income Tax: Tax Deduction At Source Liability Deposit Oct-Dec, …
India is now a net toy exporter. India is growing its toy exports more rapidly than China. Between 2012 and 2021, Indian toy exports increased at a compound annual growth rate of 25.3%, compared to Vietnam’s and China’s rates of 23.5% and 16.7%, respectively. India’s market share in the global toy trade has slightly increased, …
58% of participants to a poll demand Elon Musk’s resignation as CEO of Twitter. In a shocking turn of events, Elon Musk, the company’s owner, polled Twitter users on Monday and found that 58% of them wanted him to step down as the platform’s CEO because of a number of problems, including the banning of …
Basic features of newly launched Digital Rupee: Digital Rupee (eRs-R) would be in the form of a digital token that represents legal tender. above Digital Rupee would be issued in same denominations that paper currency & coins are existing issued. Digital Rupee (eRs-R) would be distributed via intermediaries ie. banks. 8 Pvt or Public sector …
Team ICAI enabling resolution of issues in relation to MCA21 Version 3 – issue 3 helplines The Institute of Chartered Accountants of India team has been enabling resolution of issues in relation to Ministry of Corporate Affairs – MCA21 Version 3. In this reference, in continuation to the support & helplines that have been set …
What are the Relaxation on Applicability of Accounting Standard for SMCs : MCA Notification dated 23.06.2021 Applicability Different Accounting Standard on Small and Medium Sized Companies & Non- Small and Medium Sized Companies S. No Accounting Standards (AS) Small and Medium Sized Companies Non- Small and Medium Sized Companies 1 Disclosures of Accounting Policies- Accounting Standard-1 …