Registration-Rajasthan Shops and Commercial Establishments Act, 1958
Who need to take the registration ?:- Employer of every establishment, offices, store rooms, godowns, ware-houses, whether in the same premises or otherwise, used in connection with such trade or business need to take registration
Read MoreTDS on E Commerce Transaction under section 194O of Income Tax Act 1961
Applicability: This section is applicable w.e.f. October 1, 2020 Rate of TDS: 1% (However for the FY 2020-21 rate is 0.75%) Scope: E- Commerce operator is liable to deduct tax at source (TDS) from payment
Read MoreANNUAL RETURN FOR COMOSITION TAX PAYER (GSTR-4)
GSTR-9A for the year 2017-18 and 2018-19 was waived by notification number 47/2019 dated Oct. 09, 2019. But for the year 2019-20 all the taxpayers who have opted for composition scheme need to file GSTR-4
Read MoreTDS and TCS Rate Chart 2020-21
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Read MoreBasics on MSME, Udyam registration and its benefits
Q1. What is MSME? MSME stands for Micro, Small and Medium Enterprise. Q2. What is the difference in Micro, Small and Medium Enterprise? As per the latest classification applicable from 1st July,2020, Enterprises engaged in
Read MoreBasics of Insolvency and Bankruptcy Code, 2016
Q1. What is the difference between Insolvency and Bankruptcy? An entity (individual, or a company) becomes insolvent when they are unable to pay back their lenders on time. Simply, when the assets fall short to
Read MoreNew Section 10A of IBC inserted: No fresh insolvency for default during lockdown
The President of India through IBC Ordinance, 2020 on 5th June, 2020 announced some major relief for the corporate debtors as COVID 19 pandemic has impacted business, financial markets and economy in India and
Read MoreApplicability and working of ALM in NBFC
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Read MoreAll you need to know about COVID-19 Relief Measures announced by RBI
The Reserve Bank of India, on 27th March,2020 issued notification announcing various relief measures aiming to reduce the burden of borrowers who are facing difficulties in repaying their debts due to the impact of COVID-19.
Read MoreFM Sitaraman Announces Package of 1.7Cr Lakh
The Finance minister Nirmala Sitharaman announced various measures to ease the burden of the poor who are hit hard by the lockdown due to coronavirus pandemic. Here are list of measures announced today: 1. *Pradhan
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