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Monthly Archives: June, 2020

CBIC launches paperless customs export processing:

CBIC launches paperless customs export processing Under this initiative, a secure QR core enabled PDF LEO (Let Export Order) copy and Export Gatepass copy will...

Extension of various time limits under Direct Tax & Benami Laws:

Extension of various time limits under Direct Tax & Benami laws: Important Highlights of CBDT’s Notification dt. 24th June, 2020.. In view of the challenges...

Our Banking Clients looking to buy out Loans Portfolio:

Our Banking client looking to buy out Loans Portfolio: Is there any NBFC who is looking to downsell their LAP portfolio / SME portfolio with...

Supply Chain Finance available:

Supply Chain Finance available: Deal: On behalf of our client NBFC, we are looking for Supply chain finance opportunity (Min'm ticket size 25 Cr.)...

Recommendations of GST council meeting held on June 12, 2020 related to Law & Procedure.

The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister SmtNirmalaSitharamanthrough video conferencing here today . The meeting was...

Complete these 8 important tasks before June 30th to avoid trouble

1. Link PAN with Aadhaar Due to the lockdown, the government has extended the last date for linking PAN with Aadhaar to 30 June....

TDS On Salary:

How to calculate TDS on salary as per section 192 of Income Tax tds on salary Many a times, when person joins job for the...

NBFC with only Licence needed for our client based in Maharashtra.

The Company should have a valid license from RBI with all up-to-date Statutory compliances. Our client is a USD 20 Billion group and...

GST ON DIRECTOR’S REMUNERATION

In these times of a pandemic with morbidity surrounding us, one would expect tax laws to be administered compassionately with revenue authorities not running...

Updates of GST Council Meeting held on June 12, 2020.

1️⃣ For all those who have no tax liability but have not filed GST returns for tax period July 2017 - Jan 2020 (prior...

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