GST

• GST – Central Board of Indirect Taxes and Customs, Dept of Revenue
•  COVID-19 related relaxations: 
  • Relaxation of compliances till 30 June 2020
  • CBIC Clarification in respect of certain challenges faced by the registered persons in implementation of provisions of GST Laws dated 13 April 2020
  • GST Circular-138-08-2020 06-05-2020
  • GST Circular 141 24-06-2020
  • Further relaxation of compliances till 31 August 2020
• GST Circular-GIC-Approval-Director-Renumeration 10-06-2020
• GST Registration Supplies of Service Inter-State Notification (Exemption from registration in case of Inter State supply of services upto threshold)
•  Refunds
  •  CBIC Circular No. 17_17_2017 -GST Manual_Processing_Refund 15112017
  • CBIC Circular No. 37_11_2018-GST Clarification on exports refund 15032018
  • CBIC Circular No. 59_33_2018-GST Clarification on refunds 04092018
  • CBIC Circular No. 70_44_2018-GST Clarification on refunds 26102018
  • CBIC Circular No. 79_53_2018-GST Clarification on refunds 31122018
  • CBIC Circular No. 94_13_2019-GST Clarification on refunds 28032019
  • CBIC Circular No. 104_23_2019-GST Processing of refunds wrongly mapped on portal 28062019
  • CBIC Circular No.125_44_2019-GST dated 18112019
  • CBIC Circular No.135_05_2020-GST dated 31032020
  • GST Circular-Refund-139 10-06-2020

FEMA

• Overseas Investment
  • Foreign Exchange Management (Overseas Investment) Regulations 2022
  • Foreign Exchange Management (Overseas Investment) Rules 2022
• Foreign branch, project and liaison office
  • Master Direction – Establishment of BO LO and PO 18.05.2021
• ECB, trade credits and structured obligations
  • Master direction updated 30 Sep 2022

Investing

1. The basics: Making your money work for you
2. Profiling and risk in investing
3.  Mistakes and myths in investing
4.  Idle money loses value
5. Tax saving investments
6. Power of compounding
7. Financial frauds and precautions

Ministry of Corporate Affairs

• The Companies (Amendment) Act, 2020 dated 28 September 2020
• Special measures under the Companies Act 2013 and LLP Act 2008 – Extension, 20 October 2020
• FAQs on Corporate Social Responsibility, 25.08.2021

The Ministry of Corporate Affairs (“MCA”) has announced a set of measures, both in terms of meeting compliance issues arising from COVID-19 as well as to allow LLPs and companies to bring gaps in their past compliances up to date.

These measures are contained in the following General Circulars:

1. LLP Settlement Scheme MCA

General Circular No. 06/2020 dated 04.03.2020

LLP Settlement Scheme – modification thereof

MCA General Circular No. 13 dated 30.03.2020

2. Special Measures under Companies Act, 2013 (CA-2013) and Limited Liability Partnership Act, 2008 in view of COVID-19 outbreak

MCA General Circular No. 11/2020 dated 24.03.2020

3. Companies Fresh Start Scheme 2020

• MCA General Circular No. 12/2020 dated 30.03.2020
• FAQs on Companies Fresh Start Scheme (CFSS), 2020 and LLP Modified Settlement Scheme, 2020
• List of Forms – CFSS, 2020 & LLP Modified Settlement Scheme 2020

4. Clarification of passing of ordinary and special resolutions by companies under the Companies Act, 2013 and rules made thereunder on account of the threat posed by Covid-19

MCA General Circular No. 14/2020 dated 08.04.2020

5. Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2O13

• General Circular No.32/2020
• General Circular No.23/2O2O

Extension in time for holding annual general meeting

Income Tax

• Income-tax (13th Amendment) Rules, 2021 notification. Thresholds for the purposes of significant economic presence.
• Extension of time limit for compliances under sections 54 – 54GB of Income Tax Act
• TDS from Salaries under section 192 of Income Tax Act

Forex Rate Cards (Rule 26)

• SBI/BOI Forex Rate Cards 2020
• SBI/BOI Forex Rate Cards 2021
• SBI/BOI Forex Rate Cards 2022
• SBI/BOI Forex Rate Cards 2023

Interest rate perquisite calculation

• SBI Interest Rates 2019-2020
• SBI Interest Rates 2020-2021
• SBI Interest Rates 2021-2022
• SBI Interest Rates 2022-2023

 

Amendments and relaxations (2020)

• Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020
• Extension of due date of furnishing of Income Tax Returns and Audit Reports (24 October 2020)
• Income-tax (22nd Amendment) Rules, 2020
• CBDT order under 119 IT Act; extension dates for filing ITRS (30 September 2020)

Other links

• Income tax department FAQ page containing a very large number of FAQs on various topics concerning tax payers.
• For utilities for preparing income tax returns, filing income tax returns, accessing Form 26AS (tax credit statements), seeing tax demands, etc.

• Tax Information Network of Income Tax Department
• Online PAN application
• Online TAN application
• ePayment of Taxes
• Tax refund tracking
• Income Tax e-Filing Lite Portal
• TDS Centralized Processing Cell, Central Board of Direct Taxes, Dept of Revenue