Month: September 2021

The GST Council made a big change in the rate of these things!

wealth4india September 18, 2021

The GST Council meeting was held in Lucknow on Friday under the chairmanship of Finance Minister Nirmala Sitharaman. After this meeting many important decisions were announced. These decisions will have a direct impact on the common man. In this, the exemption from GST on medicines to prevent coronavirus was increased to 31 December 2021. But, …

EPFO may give its subscribers an option choose part of equity investments see the details

wealth4india September 16, 2021

The Employees’ Provident Fund Organization (EPFO) is considering giving an opportunity to all its subscribers to opt for equity investment. Till now crores of subscribers of EPFO do not have this option and EPFO itself invests up to 15% in equity market through its fund managers. Increased interest of people in NPS In fact, the …

EPFO, Marketing, Media, PPF
equity investment, investment

e-Filing portal of the Income Tax Department – updates

wealth4india September 9, 2021

The e-Filing portal of the Income Tax Department (www.incometax.gov.in) was launched on 7th June, 2021. Taxpayers and professionals have reported glitches and difficulties in the portal since then. The Ministry of Finance has been regularly monitoring the resolution of issues with Infosys Ltd which is the Managed Services Provider for the project. A number of technical …

File Your Income Tax Return, Income Tax, Marketing, Media
#GSTinIndia, CA in Dwarka, Ca in Patna, CAIN DWARKA, infosys, WEALTH4INDIA

Extension of closing date of late fee amnesty scheme and time limit for filing of application for revocation of cancellation of registration under GST Act

wealth4india September 1, 2021

The Government, vide Notification No. 19/2021- Central Tax, dated 01.06.2021, had provided relief to the taxpayers by reducing / waiving late fee for non-furnishing FORM GSTR-3B for the tax periods from July, 2017 to April, 2021, if the returns for these tax periods are furnished between 01.06.2021 to 31.08.2021. The last date to avail benefit of the late …

CBDT extends due dates for electronic filing of various Forms under the Income-tax Act, 1961

wealth4india September 1, 2021

On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of certain Forms under the provisions of the Income-tax Act,1961 read with Income-tax Rules,1962 (Rules), Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for electronic filing of such Forms. The further details are as under: …

CBDT, CBIC, File Your Income Tax Return, Income Tax, Marketing, Media, PAN Card, TDS
#GSTinIndia, CA in Dwarka, Ca in Patna, CAIN DWARKA, Electronic Filing, WEALTH4INDIA

CBDT extends date under section 3 of the Vivad se Vishwas Act

wealth4india September 1, 2021

Under The Direct Tax Vivad se Vishwas Act 2020 (hereinafter referred to as “Vivad se Vishwas Act”), the amount payable by the declarant is stated in the table under section 3 of the Vivad se Vishwas Act. As per the latest notification dated 25th June 2021, the last date of payment of the amount (without any …

CBDT, CBIC, File Your Income Tax Return, Income Tax, Marketing, Media, PAN Card, vivad se vishwas
#GSTinIndia, CA in Dwarka, Ca in Patna, CAIN DWARKA, WEALTH4INDIA