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  • Law Update
    Law Update

    Scheme Guidelines for Implementation of Aatmanirbhar Bharat Rozgar Yojana (ABRY) – to incentivize creation of new employment opportunities in EPFO registered Establishments

    Byefficpro January 9, 2021October 21, 2024

    Objective Incentivize employer, registered with EPFO, for giving employment to new employee and re-employing persons from low wage…

    Read More Scheme Guidelines for Implementation of Aatmanirbhar Bharat Rozgar Yojana (ABRY) – to incentivize creation of new employment opportunities in EPFO registered EstablishmentsContinue

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    GST

    GST Update – Rule 86B introduced vide notification 94/2020 dated 22.12.2020

    Byefficpro January 4, 2021October 21, 2024

    Effective from 1st January, 2021, where the value of taxable supplies (sales) [except exempt supplies and zero rates…

    Read More GST Update – Rule 86B introduced vide notification 94/2020 dated 22.12.2020Continue

  • gst
    GST

    Search Tax-payer feature upgraded on GSTN Portal to serve purpose of KYC

    Byefficpro January 1, 2021October 21, 2024

    GSTN portal has been upgraded to provide comprehensive profile using “Search Tax Payer” facility. It serves the purpose…

    Read More Search Tax-payer feature upgraded on GSTN Portal to serve purpose of KYCContinue

  • PMLA update for G&J – Record-keeping of cash deals in Gems & Jewellery trade now a must under PMLA
    Gems and jewelry

    PMLA update for G&J – Record-keeping of cash deals in Gems & Jewellery trade now a must under PMLA

    Byefficpro December 30, 2020October 21, 2024

    Ministry of Finance vide notification dated 28th Dec., 2020 rescinded the notification No. 8/2017, dated 15 November, 2017…

    Read More PMLA update for G&J – Record-keeping of cash deals in Gems & Jewellery trade now a must under PMLAContinue

  • Law Update
    Law Update

    New Wage Rule to increase cost of Company & Reduce Take-Home Pay of Employees:

    Byefficpro November 27, 2020October 21, 2024

    As per new rule part of Code of Wages passed by the parliament which shall be made applicable…

    Read More New Wage Rule to increase cost of Company & Reduce Take-Home Pay of Employees:Continue

  • International - Foreign Trade
    International - Foreign Trade

    Foreign ownership of 100% possible now for companies incorporated in UAE

    Byefficpro November 25, 2020October 21, 2024

    UAE allows 100% ownership of businesses for foreign nationals from 1st Dec 2020 as per the Cabinet Resolution…

    Read More Foreign ownership of 100% possible now for companies incorporated in UAEContinue

  • gst
    GST

    GST Update – Notifications No 82,83,84,85 and 86/2020 issued on 10-11-2020

    Byefficpro November 12, 2020October 21, 2024

    GSTR-1 & GSTR-2 related:- Quarterly return filers can file their first and second month B2B invoices in Invoice…

    Read More GST Update – Notifications No 82,83,84,85 and 86/2020 issued on 10-11-2020Continue

  • gst
    GST

    Important Amendment in GST Rules

    Byefficpro November 12, 2020October 21, 2024

    GSTR-1 & GSTR-2 related [effective from 1-1-2021] The registered persons required to furnish GSTR 3B return quarterly need to furnish…

    Read More Important Amendment in GST RulesContinue

  • gst
    GST

    Unutilized ITC on input services cannot be claimed as refund under inverted duty structure option

    Byefficpro October 9, 2020October 21, 2024

    Writ petitions filed (Tvl. Transtonnelstroy Afcons Joint Venture & Oth. Vs. Union of India- W.P No.8596 of 2019…

    Read More Unutilized ITC on input services cannot be claimed as refund under inverted duty structure optionContinue

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    • Strategic Financial Partnership
    • Advisory & Compliances – Goods & Service Tax
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    • Advisory & Compliances – Income Tax Act
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    • Due Diligence Review
    • Design & Implementation of Cost Accounting & Monitoring System
    • Corporate Structuring, FEMA compliances and Legal Advisory Service.
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