Tax Updates
Tax Updates January 2020 – 15.01.2020 1.Possibility of Banks, Telcos, Insurers to get an exemption from GST E-invoices: (a). A possibility is that Banks, airlines, telcos and other entities that have direct customer interaction on a large scale may be exempted from filing their e-invoices under GST; (b). Exemption from e-invoices is benefit to those …
Tax Updates January 2020 – 06.01.2020 1. The Goods and Service Tax Network (GSTN) has issued a Frequently Asked Question (FAQ) to rollout the smooth implementation of the E-Invoicing System under GST. 2. The last date of filing declarations in Sabka Vishwas Legacy Dispute Resolution Scheme is extended to 15th January 2020 3. CBDT Further …
Tax Updates January 2020 – 04.01.2020 1. CBDT further extends the timeline for Linking PAN with Aadhar from 31st December 2019 to 31st March 2020. Notification No. 107/2019. 2. Startups can get Company Identification Number (CIN) number, GSTN number, PAN number, EPFO No & Employer Code under ESIC in one application at MCA portal through …