CBDT extends date till 31.3.18 for linking of Aadhaar with PAN

  Dear Reader, CBDT extends date till 31.3.18 for linking of Aadhaar with PAN Press Information Bureau Government of India Ministry of Finance 08-December-2017 12:21 IST CBDT extends date till 31.3.18 for linking of Aadhaar with PAN Under the provisions of recently introduced section 139AA of the Income-tax Act, 1961 (the Act), with effect from 01.07.2017, all […]

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Major Recommendations as per 23rd GST council Meeting

Major Recommendations as per 23rd GST council Meeting -By Ms. Pooja Salunke UJA Indirect Tax Team   Changes recommended in Composition Scheme   S.No. Remark EARLIER NOW (a) GST Composition Rate Trader Manufacturer Restaurant Service   1% 2% 5%   No change 1% No change (b) Taxpayer also providing Services with supply of Goods Composition […]

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No GST Payments on Advances received for supplying goods

Dear Readers, The central government on Wednesday exempted businesses from paying goods and services tax (GST) on advances received for supplying goods in the future. The move would spare industry liquidity pain, confusion over tax liability on supplies that are yet to be made and help repair the disruption caused in the supply chain. The […]

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Disqualification of Directors

The government has made a decision towards disqualifying over 100,000 individuals from taking up directorship at listed companies. This can disturb the functioning of the companies Earlier this month, the Ministry of Corporate Affairs (MCA) had decided to blacklist 300,000 individuals — allegedly associated with shell or non-compliant companies — from taking up board positions. […]

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