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
Every year Ministry of Corporate Affairs (MCA in short) making amendments to Companies (Amendment) Act, 2015 to improve “ease of doing business” (‘EODB’) while stringent measures are taken to increase the overall company compliance to reduce fraud, eliminate shell companies. MCA has issued a new notification that was primarily focused on the ease of starting a business (‘EOSB’).
The Government has decided to ease the process of filing GST Returns after considering the difficulties faced by trade and industry. To avoid last minute rush by taxpayers and crashing of GST portal, the Government has come up with these measures. A compilation from Team EZTax.in
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
Part of the new year celebrations EZTax.in Team decided to offer EZTax.in GST ready Accounting, Returns software for FREE for the 1st year to show our gratitude to Small & Medium Businesses.
CBIC has recently released a circular regarding New Rules to be followed by Tax Authorities in case of non-filing of GST Returns including freezing bank accounts. Analysis from Team EZTax.in