In an effort to help both Individual and Business tax payers to know most relevant tax updates due to COVID-19 (Corona Virus) situation in India, EZTax.in launched new COVID-19 : Tax Compliance Help Center @ eztax.in/covid19
Ministry of Corporate Affairs (MCA) allowed companies to make a Fresh Start and be current with the tax, regulatory compliance norms through a scheme called Companies Fresh Start Scheme (CFSS – 2020) announced on 30th Mar 2020.
LLP Settlement Scheme 2020 shall allow a one-time condonation of delay in filing statutorily required documents with the Registrar.
To improve ‘ease of starting’ initiative, the latest communication from MCA Portal is that an additional form AGILE-PRO form is also replacing the current INC-35 Form in the process of new company registration.
Income Tax Department has launched new procedure to request e-PAN (also known as instant PAN) for IT Filing and other uses. It’s similar to Physical PAN Copy that we use but an electronic Copy in a PDF format with both demographic, biometric information embeded in an enhanced QR code
2020, a year of hope for Greater India in terms of economic revival, seeds for future glory, strategic direction, landslide reforms, and measures to avoid negative forces influencing countries economic prosperity and happiness.
The real Indian economy is still in the hands of MSMEs, and are the backbone , real strength to bring resilience despite the economies around the world are suffering with low-stagnated growth. But who is the MSME in India ?
Tax Compliance Calendar for FY 2019-20 covering important due dates for Income Tax Filing, GST (GSTR1, GSTR3B. RET1), TDS Payments, Preparation, & Filing, ROC, and general accounting from Apr 01st 2019 to Mar 31st 2020 with a primary focus on SME Businesses.
IT Department recently notified Income Tax Returns (ITR) Forms ITR1 & ITR4 for AY 2020-21 (that is for the income received during Apr 01st 2019 to Mar 31st 2020) with the changes from earlier years. Get to know more