Saturday, 30 January 2021

Daily digest for Gupta Chandan & Associates, on January 30, 2021

posted: "India is currently witnessing one of the strongest support from the complete globe which is evident from the fact that the SENSEX reaching mount 50K representing strong investors confidence in Indian economy. India is a global hub for medicine manufacture"
posted: "The Budget 2021-22 will be presented on 01.02.2021. Consequent to the presentation of Budget on 01.02.2021, filing of Bills of Entry (BE) would not be available from 20:00 hours onwards on 01.02.2021 till the completion of updation of all changes in the"
at No comments:

Friday, 29 January 2021

Daily digest for Gupta Chandan & Associates, on January 29, 2021

posted: "FEMA, BANKING amp; INSURANCE : Where election officer directed fresh draw of lots of 2/3rd outgoing members of Indian Institute of Insurance Surveyors (IISLA) due to death of one of council members, there was no infirmity in steps taken by election office"
at No comments:

Thursday, 28 January 2021

Daily digest for Gupta Chandan & Associates, on January 28, 2021

posted: "FEMA, BANKING amp; INSURANCE : In absence of pendency of any application before DRT by bank or in absence of any proceedings under section 13 of SARFAESI, borrower who has taken home loan can institute a suit to redeem his rights on suit propertyFEMA, BAN"
posted: "While we have welcomed the new year 2021 with a positive outlook as vaccines bring in a sign of hope, the new normal embraced during 2020 also seem to continue for employees popularly connoted as WORK FROM HOME (WFH). In fact, few corporates have further "
posted: "As the world counterattack the disruption caused by COVID-19 outbreak through the vaccination process, India being no expectation has initiated the vaccination process across the country in a phased manner. As things starts to normalise, the economy start"
posted: "Section 194-O of the Income-tax Act, 1961 (ITA) inserted vide Finance Act, '20 (with effect from 01 October 2020) provides that certain payments by E-Commerce Operator (ECO) to E-Commerce Participant (ECP) would be subject to tax deduction at source @1%. "
posted: "Tax Collected at Source (TCS) is the amount of tax collected by seller in specified transactions from the buyer or licensee or lessee. In the last few years, the government has enhanced the scope of TCS provisions under Income-tax Act. Earlier Section 206"
posted: "In order to discourage cash transactions and move towards cashless economy, Section 194N of the Income-tax Act 1961 (ITA) was introduced vide Finance (No 2) Act 2019 which mandates tax withholding on cash withdrawal above the threshold subject to prescrib"
at No comments:
Subscribe to: Comments (Atom)

Daily digest for Gupta Chandan & Associates, on February 23, 2026

Income Tax Forms as applicable from 1st April 2026. Old forms under income tax Act 1961 added for better search....