by FinGurus | Apr 8, 2021 | Update
In a release on the 1st of April, the Finance Ministry put forth that the Central Board of Direct Taxation (CBDT) has informed about the new Income Tax Return (ITR) Forms, ITR-1 to ITR-7, for the financial year 2021-22. Given the present Covid scenario in the country... 
by FinGurus | Apr 1, 2021 | Update
The Ministry of Corporate Affairs (MCA) has modified certain rules of the Schedule III of the Companies Act, 2013 with regard to aspects such as accounts, audits and auditors. The newly introduced amendments make way to increased disclosure requirements and intend to... 
by FinGurus | Mar 24, 2021 | Update
While presenting the Union Budget 2021, Finance Minister Nirmala Sitharaman has incorporated some changes in the Income Tax rules, slated to be effective from the 1st of April, 2021. Some of the new changes included in the I.T. regime ensure relief to the salaried... 
by FinGurus | Feb 25, 2021 | Update
Finance Minister Nirmala Sitharaman has recently announced that contributions exceeding Rs. 2.5 lakh in the Employee’s Provident Fund (EPF) will be taxed in the manner interest accrued on fixed deposits are taxed. The announcement made in the Union Budget event has... 
by FinGurus | Jan 29, 2021 | Update
The Companies CSR (Corporate Social Responsibility) Rules play a significant role in strategizing a company’s social investment plans and determining how and where to implement the programs to endorse the concept of sustainable development. For example, some of the... 
by FinGurus | Jan 20, 2021 | Update
Like we are accustomed to the filing of “e-way bills” for the transportation of goods from one place to another, the GST Council has decided to initiate a process of e-invoicing, applicable to a specific section of taxpayers in its 35th meeting. The CBIC (Central...