Income Tax
CBDT Announces Extension of Due Dates for various e-filing forms
A big relief to the taxpayers has been provided by the finance ministry to the taxpayers by extending the due dates. It was much needed as the new portal has a lot of glitches...
Startups
Recent fundings raised by Indian Startups In August 2021
Chaipoint:
Chaipoint has raised $ 20 million in its new round of
fundings. The funding was done by Paragon Partners, a mid-segment private
equity investor, while existing investors, including Eight Roads (Fidelity’s
India PE arm), Saama Capital and...
Finance
Why do countries want to host the Olympics?
Hosting the Olympics is considered to be prestigious for developed nations. The Olympics create a high constrain on the economy, So the question arises why do countries want to bid to host the Olympics?...
Company Law and IBC
Cabinet approves various amendments in LLP Act ,2008
With the motive of facilitating greater ease of business in India, the government on Wednesday i.e. 28.07.2021 approved certain amendments in the LLP Act, 2008 vide LLP(amendment) Bill, 2021 thereby decriminalizing certain provisions and...
Top News
Is giving a discount and having exclusive partnerships with dealers fair and legal practice in India?
Background
Recent judgment of Karnataka High Court to allow Competition Commission of India (CCI) to conduct an inquiry into practices of Amazon and Flipkart have been pronounced. The e-commerce giants had challenged the order of...
Top News
43rd GST Council Meeting Updates and Relaxations
Customs duty and GST exemptions on relief materials:
Indian Customs duties comprise of Basic Customs Duties (BCD) and Customs duties equivalent to Integrated Goods and Services Tax applicable on local supplies of similar products (hereinafter...
Top News
New MSME Udyam Registration Process and all you need to know
The government has organized a system to facilitate the registration of MSMEs. An enterprise for this process will be known as Udyam and its Registration Process will be known as ‘Udyam Registration’. A permanent...
Income Tax
Due Date Calendar for June’2021
A) Due dates for Compliance under Income Tax
7 June 2021 - Due date for deposit of Tax deducted/collected for the month of May, 2021. However, all sum deducted/collected by an office of the government...
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