Financeseva

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Financeseva

@finance_seva

Daily updates on Finance,GST,Income Tax ,account & Company law - Project loan/Report , WC limit , subsidy,BL , BG ,LC , HL , LAP, PL- Partner welcome 9863020202

financeseva.com2020年9月からTwitterを利用しています

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Financeseva

@finance_seva

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4 out of 5 small businesses hope survival despite Covid spread :- 37 per cent increased their efforts to advertise on social media while 34 per cent adopted contactless delivery route. Moreover, 44 per cent enhanced in-store safety measures and 40 per cent non-cash payments .

Financeseva

@finance_seva

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D2C approach lets MSMEs reach consumers directly, get direct feedback unlike traditional export market :- • According to the International Chamber of Commerce, MSMEs that use online platforms are five times more likely to export than those who do not. #d2c #Directselling

Gst - The govt. vide corrigendum to Notification No. 67/2020-Central Tax, dated 21-9-2020 has provided that conditional waiver of late fee for composition taxpayers shall be eligible only for the quarters from July, 2017- March, 2019 instead of July, 2017- March, 2020.

CBDT allows ‘insurer’ to make application for grant of non-deduction of tax certificate u/s 195(3)

INTERNATIONAL TAXATION : Payment made by assessee a 100 per cent export oriented undertaking towards services rendered by non-resident company would not fall within ambit of FTS under section 9(1)(vii) as non-resident company was not involved in identification of exporter

#BanPTA Labor law amendment - संसद ने बुधवार को तीन प्रमुख श्रम सुधार विधेयकों (Labour Bills) को मंजूरी दे दी। इनके तहत कंपनियों को बंद करने की बाधाएं खत्म होंगी और अधिकतम 300 कर्मचारियों वाली कंपनियों को सरकार की इजाजत के बिना कर्मचारियों को हटाने की अनुमति होगी।

Late fee capped at Rs. 500 for GSTR-4 for quarters from July, 2017- March, 2020; No Late Fee for Nil GSTR-4

IBC-Where resolution plan submitted by resolution applicant met with requirements of IBC and regulations thereto and resolution plan had been approved by committee of cr. by 87.03 per cent voting share feasible and viable, resolution plan submitted by resolution app.was passed

Late fee capped at Rs. 500 for GSTR-4 for quarters from July, 2017- March, 2020; No Late Fee for Nil GSTR-4

CBDT allows ‘insurer’ to make application for grant of non-deduction of tax certificate u/s 195(3)

Indians now earn 30% more than six years ago; per capita growth is highest in this backward state :- On average, every Indian now earns 30 percent more than what he or she earned six years ago, Per capita income in India increased from Rs 72,805 in FY15 to Rs 94,954 in FY19.

Things to keep in mind before opting for a Loan Restructuring Plan :- The loan 'RP' could help people better manage their loan obligations in the short term amid the Covid-19 crisis, even careless mistake in understanding its ramifications could prove to be counterproductive.

In studies of Covid patients, researchers have found evidence of damage to the:

Lungs

Kidneys

Heart One paper described a mechanism by which the virus may have long-term effects on the brain trib.al/DB6VXOZ

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Indian economy can touch $10 trillion in next 15 yrs :- India has the potential to achieve a high GDP growth rate of around 10 per cent and be a USD 10 trillion economy in the next 12 to 15 years. #10trillion #notsofar #ouropportunity #india #higher #newsupdate #financeseva

Coronavirus vaccine likely to be ready for India by early 2021 - A vaccine for the coronavirus will likely be ready by early 2021 but rolling it out safely across India’s 1.3 billion people will be the country’s biggest challenge in fighting its surging epidemic. #by2021 #india

#RescueIndiaFromBJP #17सितम्बर_राष्ट्रीय_बेरोजगार_दिवस #iPhone Mostly states ruled by BJP or parties which have supported it on various issues, have opted to borrow Rs 97,000 crore to meet the GST revenue shortfall in the current fiscal,

#69K_शिक्षक_भीख_मांगने_की_कगार_पर #NationalUnemploymentDay17Sept बीजेपी शासित राज्यों या पार्टियों, जिन्होंने विभिन्न मुद्दों पर इसका समर्थन किया है, ने चालू वित्त वर्ष में जीएसटी राजस्व की कमी को पूरा करने के लिए 97,000 करोड़ रुपये उधार लेने का विकल्प चुना है:

#startup #india #jobs #jump #increase #PrimeMinister #finance #NewsUpdate

Karnataka's new industrial policy to push mobile production in state to Rs 30K Crore :- The new industrial policy of Karnataka is expected to push mobile production in value terms in the state to Rs 30,000 crore and create 1.2 lakh jobs by 2023, mobile handset & electronics body

Borrowing options for GST dues: Decide by Oct 5 or wait till June 2022, Central govt to States :- • The states which do not submit their borrowing options before the due GST Council meet on October 5, 2020 will have to wait till June 2022 to get their compensation dues

Government collects Rs 84,023.78 crore of non-tax revenue in FY21 :- Tax collection so far during this financial year is Rs 95,533 crore, while the total GST collection in the current financial year is Rs 3,59,112 crore. The total non-tax revenue collected Rs 84,023.78Cr

#startup #india #jobs #jump #increase #PrimeMinister #finance #NewsUpdate

There has been a 126 per cent jump in the number of jobs created by DPIIT-recognised startups from April last year under the Startup India campaign launched by Prime Minister Narendra Modi in January 2016, according to the latest government data.

To identify non-compliant corporate entities, the govt is planning to use data analytics and artificial intelligence for corporate profiling, behaviour analysis as well as fraud analysis and alerts. technical capabilities will be used to keep watch on entities through MCA portal

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