Audit trail feature in accounting software compulsory from 1st April 2022 for companies
– MCA by virtue of notification no. G.S.R. 205(E) dated 24th March 2021, requires the companies to comply…
How to safeguard against the provision under GST restricting claim of ITC if supplier not filed return on time effective from 1st January, 2022
Background: The new year 2022 is going to bring a significant change in the manner of availing Input Tax…
Note on restrictions imposed by Finance Act, 2021 pertaining to utilization of corpus donation by Charitable & Religious Trust
Finance Act 2021 has brought out an important amendment with regards to Charitable & Religious Trust wherein corpus…
Mandatory FSSAI License/Registration number to be printed on invoices effective from 1st October, 2021
Section 31 of Food Safety and Standard Act, 2006 requires that every company supplying food products are required to…
Have you received a notice from GST officer asking for reversal of ITC availed correctly
There are various instances wherein GST department issues show cause notices asking purchaser to revise the ITC availed on…
Pre pack mechanism for MSME Insolvency with default up to 1 Cr.
The central government has promulgated an Insolvency and Bankruptcy Code (Amendment) Ordinance allowing the use of Pre packs…
Scheme Guidelines for Implementation of Aatmanirbhar Bharat Rozgar Yojana (ABRY) – to incentivize creation of new employment opportunities in EPFO registered Establishments
Objective Incentivize employer, registered with EPFO, for giving employment to new employee and re-employing persons from low wage…
New Wage Rule to increase cost of Company & Reduce Take-Home Pay of Employees:
As per new rule part of Code of Wages passed by the parliament which shall be made applicable…
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…