20
January
0
Comments
Vishnu Daya Newsletter- December 2020
We are pleased to present our monthly newsletter for the month of December, 2020. Hope this is both timely and useful for you....
Continue reading
11
January
Due Date for 3rd quarter TCS /TDS returns
This is to bring to your notice that the due date for filing quarterly E-TDS/ E-TCS return for the 3rd quarter of FY 2020-21 is as below: 15th January 2021 for filing 27EQ 31st January 2021 for filing 27Q,26Q and 24Q ...
Continue reading
06
January
RoDTEP Scheme
The Central Government has recently announced that a new scheme, RoDTEP (Remission of Duties or Taxes on Export Products) Scheme will replace MEIS (Merchandise Exports from India) Scheme with effect from 1 January 2021. ...
Continue reading
30
December
Due date for filing Annual Performance Report as per FEMA is 31st December 2020
This is to be noted that the due date for filing annual performance report for the year ending 31st March 2020 as per FEMA wherein Indian parties have Overseas Direct Investment is 31st December 2020. Kindly take care and let us know for any assistance in this regard....
Continue reading
26
December
Highlights of the Various GST Amendments
The CBIC has issued several notifications making various changes to the GST provisions and procedures. A brief summary of the changes made are given below for information. ...
Continue reading
10
December
Vishnu Daya Newsletter- November 2020
We are pleased to present our monthly newsletter for the month of November, 2020. Hope this is both timely and useful for you....
Continue reading
05
December
Due Date for payment of third instalment of advance tax is 15th December, 2020
This is to bring to your kind attention that the due date for payment of third instalment of advance tax (75%) for the financial year 2020-21 is 15.12.2020. Kindly take necessary actions to make the payment within the due date. Applicability: Advance tax applies to all taxpayers, salaried, freelancers, and businesses. Senior citizens, who are 60 years or older, and do not have income from business/ profession are exempt from paying advance tax. If your total tax liability (after deducting TDS and other prepaid taxes) is Rs.10,000 or more in a financial year you are liable to pay advance tax. For taxpayers opting...
Continue reading
11
November
Vishnu Daya Newsletter- October 2020
We are pleased to present our monthly newsletter for the month of October, 2020. Hope this is both timely and useful for you....
Continue reading
10
November
Income-tax Exemption for payment of deemed LTC fare
In order to provide the benefits to employees, it has been decided to provide income-tax exemption for the payment of cash equivalent of LTC fare....
Continue reading
14
October
FCRA Account- based on The Foreign Contribution (Regulation) Amendment Act, 2020
In pursuance to the Foreign Contribution (Regulation) Amendment Act, 2020, Ministry of Home Affairs (MHA), FCRA Wing has released a Public Notice dated 13th October 2020, detailing the procedure to open FCRA Account in terms of Section 17 of the Foreign Contribution (Regulation) Amendment Act, 2020. The order mandates all NGOs seeking foreign donations to open a designated FCRA account at the State Bank of India’s New Delhi branch by March 31, 2021. Accordingly, the following actions has to be taken by all the persons/NGOs/associations who have been granted FCRA registration: 1. FCRA Account to be opened in the New Delhi Main...
Continue reading