The Government of India (GoI) has introduced Remission of Duties or Taxes on Export Product (RoDTEP) scheme to replace the existing Merchandise Exports from India Scheme (MEIS) and create a fully automated route for Input Tax Credit (ITC) in the GST to help increase the exports in India. ...
Continue readingThis is to bring to your kind attention that the due date for payment of first installment of advance tax (15%) for the financial year 2020-21 is 15.06.2020. Kindly take necessary actions to make the payment within the due date. It is to be noted that though Government of India has announced series of relief measures due to COVID- 19, there is no change in timeline for payment of tax. However, reduced interest rate 0.75% per month or part thereof would be applicable for delay in deposit of tax (instead of 1%) per month or part thereof for payment of taxes...
Continue readingWe are pleased to present our monthly newsletter for the month of May, 2020. Hope this is both timely and useful for you....
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