Category: Business Update

Advisory on HSN and GSTR-1 Filing

1.In accordance with Notification No. 78/2020 – Central Tax, dated October 15, 2020, taxpayers need to declare Harmonised System of Nomenclature (HSN) Code of Goods and Services supplied by them on raising of tax invoices, with effect from 1st April, 2021 on the below mentioned lines. S.No Aggregate Turnover in the preceding Financial Year Number […]
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Top 100 Highlights ofBudget 2021

No tax returns for Senior Citizens, age 75 years and above who have pension and interest income Income Tax returns will have prefilled data from capital gains etc. To ease compliance for taxpayers, details of salary income, tax payment and TDS are prefilled currently Faceless Income tax Appellate Tribunals National faceless ITAT centre to be […]
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AC approves adoption of J&K PWD Engineering Manual 2020

The Administrative Council (AC), which met here under the chairmanship of Lieutenant Governor, Manoj Sinha, approved the adoption of J&K PWD Engineering Manual, 2020 by the Public Works Department (PWD). The Engineering Manual has standardized the engineering practices with an aim to provide uniform code of practice for bringing more transparency and accountability in the […]
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