Insight
Demystifying MSME Section 43B(h): The 15/45-Day Payment Rule
In India, micro and small enterprises (MSMEs) frequently encounter payment delays, impacting their financial stability.
Employees' Provident Fund for Foreign Workers in India
International Worker (IW) is any employee who is a foreign national working in India under an employer registered with the EPFO.
Revision of Limit of Aggregate Turnover for E-Invoice w.e.f 01.04.2022
CBIC vide Notification No. 01/2022-Central Tax, dated 24th February 2022 has amended Notification No. 13/2020 – Central Tax, dated 21st March 2020, to reduce the limit of aggregate turnover.
Audit Trail Accounting Software for Companies
MCA has vide its notification dated 24.03.2021 (Companies (Accounts) Amendment Rules, 2021) notifies that for the financial year commencing on or after the 1st day of April, 2021.
Updated Income Tax return u/s 139(8A)
Section 139 (8A) • Applicable to all people; • Has an option to update his or her or its return within 2 years from the end of the relevant assessment year.