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Payment due date of TDS u/s 194M to 31-12-2019.
December 21, 2019
CBDT has extended the due date for payment of TDS under Section 194M during September 2019 and October 2019 from 31-10-2019 and 30-11-2019 respectively to 31-12-2019.
Income Tax Act not replaced by Direct Tax Code
September 11, 2019
Government is unlikely to replace the Income Tax Act with the direct tax code, and will only incorporate select suggestions from the draft law to avoid creating more uncertainty for businesses amid an economic slowdown.
Mega Merger of Banks Announced by GOI
August 30, 2019
Finance Minister Niramala Sitharaman today announced amalgamation of 10 public sector banks into four big banks. In big banks merger, Sitharaman announced that government has decided to merge PNB BANK + OBC BANK + United Bank Canara Bank + Syndicate Banks Union Bank of India + Andhra Bank + Corporation Bank Indian Bank + Allahabad Bank.
Due Date Extended upto 30th Nov. 2019 for GSTR-9A/9c
August 26, 2019
The last date for furnishing of annual Return in the Form GSTR-9/ Form GSTR-9A and Reconciliation Statement in Form GSTR-9C for the financial year 2017-18 has been extended from 31st August, 2019 to 30th November, 2019. ROD Irder Bi, 07/2019-CT dtd, 26.08.2019.
Income Tax Returns filing deadline extended to August 31
July 23, 2019
The government on Tuesday extended the due date for filing income tax returns by individuals for financial year 2018-19 by a month till August 31. Individuals, including salaried taxpayers, and entities – who do not need to get their accounts audited – were required to file their income tax returns for fiscal 2018-19 (Assessment Year […]
Gurugram Zone DGGI arrests two businessmen for fraudulent issuance of around Rs 40 crores of input tax credit
July 19, 2019
Posted On: 18 JUL 2019 8:17PM by PIB Delhi Gurugram Zonal Unit of the Directorate General of GST Intelligence (DGGI) has arrested two businessmen, namely, Sh. Anil Kumar Jain of M/s Jatalia Global Ventures Ltd, Delhi, and Sh. Manoj Garg of M/s Manoj Cables Ltd. Delhi, today in a case of fraudulent issuance of Input […]

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