MSME issued clarifications on 6th August, 2020 related to registration under new scheme
All existing EM part II and Udyog Aadhaar issued prior to 30th June, 2020 shall continue to be…
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Possible Impact of Pandemic & Lockdown on Indian Economy
The National Statistical Office (NSO) has put out the figures of Gross Domestic Product (GDP) for Q1…
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MSME notified procedures for registration under MSME scheme as per new guidelines of classification
Udyog Aadhaar registration for MSMEs will be called now Udyam Registration. Udyam Parichay Portal (http://enterpriseindia.gov.in) will assign permanent…
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CBDT further extended due dates under Income Tax Act in view of pandemic
Due Date Compliance Extended Due Date 30-6-2020 Filing of revised & belated Income Tax Returns for Asst. Year…
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GST Update – Announcements made in 40th GST council meeting
Waiver/ Reduction in Late Filling Fees Relief to small tax payers (turnover up to 5cr.) for late…
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MSME definition revised through formal notification dated 1-6-2020
The Ministry of Micro, Medium and Small Enterprise issued notification confirming revision in eligibility criteria under MSME…
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Comments on Economic Stimulus Package (Part 1) Announced by Finance Minister on 13th May, 2020
Existing MSME Classification Criteria : Investment in Plant Machinery or Equipment’s Classification Micro Small Medium …
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Don’t miss to comply with important Change in TDS provisions applicable effective from 1-4-2020
Section Nature of Payment 194 A Interest other than interest on securities 194 C Payment to contractors &…
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GST Update – Clarifications to certain issued addressed via circular No. 137/07/20 dated 13-04-2020
S.N. Issue Clarification 1 Advance received by a supplier for service contract which subsequently got cancelled. The supplier has issued…
