Check Bank A/c validation Status For Refund. Has your bank merged with another bank? Has your bank branch changed? Has your bank account number changed? Has Your name in Bank Account changed? Has your bank account closed or become inactive? Has IFSC Code of your bank account changed? IF YES…. You need to Update/ Revalidate […]
Posted inSport
India beat Sri Lanka by 41 runs
India defeated Sri Lanka by 41 runs in the Asia Cup match played on Tuesday. Batting first, India had given a target of 214 runs. In reply, Sri Lankan team was all out after scoring 172 runs in 41.3 overs. Kuldeep took maximum 4 wickets. Bumrah and Jadeja took 2-2 wickets, while Pandya and Siraj […]
Posted inGST
Important Updates on GST: E-Way Bill, Electronic Credit Reclaimed Statement, Provisional Attachment, AAR & Judgements
GST WEEKLY UPDATE : 24/2023-24 (10.09.2023) The GST E-way bill system has issued an Update dated September 05, 2023 stating that, As per the Notification No. 78/2020 dated October 15, 2020, the taxpayers, having Aggregate Annual Turn Over (“AATO”) above Rs 5 Crore, shall use atleast 6 digit HSN code in the e-Invoices and e-Waybills and other taxpayers shall […]
Posted inMARKET
L&T Joins the Buyback Race, Sets New Price
The company has become the second one in recent times after BSE Ltd. to revise its share buyback price. Tuesday, September 12 is the record date for the company’s buyback. The exact timeline of the opening and closing of the buyback issue is yet to be declared. L&T had announced a share buyback worth Rs […]
Posted inINCOME TAX
Tips for Tax Savings through Real Estate Investment
Sometimes, the income tax burden can prevent you from making maximum savings or investments in life. Hence, there are several tax-saving strategies you can adopt to keep your share of income. While there are several tax exemptions in the Income Tax Act, investing in real estate can be one of the most efficient methods of […]
Posted inSport
Asia Cup 2023, IND vs PAK Live Cricket Score Online and Updates: Catch all the live action between India vs Pakistan from R Premadasa Stadium in Colombo
India vs Pakistan Asia Cup 2023 Live Score: R Ashwin on Twitter India vs Pakistan Asia Cup 2023 Live Score: Cut off scores for Pakistan Pakistan’s target, if India does not bat again and if play is possible tonight for India to bowl at least 20-24 overs…in 20 ov: 181in 21 ov: 187in 22 ov: […]
Posted inG20
India to Offer Investment Options to Russia’s Billions in Rupees
Russia’s Foreign minister Sergei Lavrov on Sunday informed that India will offer Moscow options to invest the billions in rupees it has accumulated for exports. Lavrov who addressed a press conference in New Delhi after the 18th G20 Summit meet on Sunday. “Our Indian friends said they would propose promising areas they can be invested […]
Posted inBUSINESS
PNB launches app to provide instant loans to MSMEs using GST invoices
State-owned Punjab National Bank (PNB) on Wednesday said it has launched a mobile application based on the GST Sahay scheme, an end–to-end digital product under which lending can be done using GST invoices.Punjab National Bank (PNB) on Wednesday announced the launch of a mobile application based on the GST Sahay scheme.With this integration, PNB has […]
Posted inBUSINESS, GST
Advisory for applicants where GST Registration application marked for Biometric-based Aadhaar Authentication
Dear Taxpayers, 1.Rule 8 of CGST Rules had been amended to provide that those applicants who had opted for authentication of Aadhaar number and identified on the common portal, based on data analysis and risk parameters, shall be placed for biometric-based Aadhaar authentication and taking photograph(s) of the applicant. 2.Pilot for implementation of the above […]
Posted inBUSINESS, GST
Important Case Law Alert
No GST Credit note required when goods were returned even before being received by recipient: HC Author’s Comment: There is a difference between Supply as per GST and Movement of Goods. Tax Invoice, Credit Note/ Debit Note would be required when Supply is involved. E-way bill is for Movement of Goods. There can be a […]