20 lakh cr Relief package announcements by Finance Minister
Union Finance Minister Nirmala Sitharaman opened a bundle of relief package worth Rs 20 lakh crore on Wednesday.
Author: LegalSalaah
Now, Finance minister give relief for MSME
Self-reliant India campaign the Modi government’s FM minister Nirmala Sitharaman has changed the MSME definition, and give a big relief, Now limit of turn -over increased for MSME.
GSTN allows taxpayers to transfer cash ledger amount
The Goods and Services Tax Network (GSTN) has provided a new facility on the GST portal, which will provide great relief to taxpayers. This facility will be beneficial for taxpayers, especially at a time when taxpayers are struggling with cash problems due to the Covid-19 crisis.
ESI relief for employees during Unemployment
In times of the Corona crisis, many jobs are in crisis. In such a situation, if a person leaves his job, then he should take advantage of this scheme. The government provides cash relief to the person who has ESI registration but now they are unemployed due to some reasons.
Applicable GST Rate on Medicines and medical supplies
After GST is implemented, GST is levied everywhere in India. GST is also applicable to medicines and medical supplies in India at different rates, GST is taxed at four different rates.
Now ECR filing is simple for employers in PF
Given the above situation and to simplify the compliance process under the EPF and MP Act, 1952, filing of monthly Electronic Challan cum-Return (ECR) is different from payment of statutory contribution recorded in ECR, now the ECR filing is simple for the employers in EPFO.
MCA clarify to Hold AGM via video conferencing
The Ministry of Corporate Affairs (MCA) issued a clarification on date 05.05.2020 (Tuesday), holding the Annual General Meeting (AGM) through video conferencing or any other audio-visual medium.
High Alert to taxpayers on fake message of GST Refund
GSTN release an alert for the taxpayers to not follow any message related to the GST refund on the message or e-mail.
Process to Check Status of GST registration
After the implementation of GST, it has become necessary for businessmen whose total turnover exceeds the limit of 40 lakhs and (20 lakhs in the hilly and NE states) to register under GST. After applying for registration in GST, traders bother to check the ARN status of the GST application.
Medical Relaxation for ESI holders during Lockdown
The Central Government of India has announced Medical relaxation for ESI holders during this covid-19 lockdown