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August 2021 Macro-Economic Update

India’s month on month macroeconomic factors suggest that the country is leading a slow and steady sustainable growth eliminating

Restricting-filing-of-GSTR-1-if-GST-3B-not-filed Download PDF:-

India’s FY 2021-22 Q1 GDP numbers suggest that the economy is poised for a V shaped recovery in

To boost exports from India by allowing refund of taxes that are not hitherto refunded or available as

Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for electronic filing of

GST-Amnesty-Scheme-2021 Download PDF:-

The Limited Liability Partnership (Amendment) Act, 2021 was passed by Lok Sabha introducing the concept of Small LLPs

On 6th August 2021, RBI Governor Shaktikanta Das announced the unanimous decision of the RBI’s Monetary Policy Committee

CBDT Notification No.77 of 2021 dated July 7, 2021 regarding  Computation of short term capital gains and written

Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for electronic filing of

July 2021 has thrown up some encouraging macro-economic numbers which truly shows that global liquidity has given a

KDG-update_GSTR-9-9C-Applicability-for-FY-2020-21 Download PDF:-

With India’s Covid19 second wave well & truly behind us, it is interesting to look at macro-economic data.

The Ministry of Corporate Affairs (MCA)  has relaxed provisions relating to levy of additional fee in filing of

CBDT Circular No.12 of 2021 dated June 25,2021 with Notification Nos 74 and 75 of 2021, regarding extensions in

RBI’s guidelines on distribution of dividend by NBFCs to infuse greater transparency and uniformity in the practice. NBFC-Dividend-Distribution

The Ministry of Corporate Affairs (MCA)  has amended the definition of Small and Medium Sized Company (SMC) for

CBDT issued Circular No. 11 of 2021 dated June 21, 2021 regarding use of functionality under section 206AB