Devmantra Times: 6th Edition 1st August 21
Welcome you to the sixth edition of Devmantra Times for the month of August 2021 According to figures released by Finance Ministry on Sunday, gross GST revenue collected in July 2021 are ₹ 1,16,393 crore, out of which Central GST is ₹ 22,197 crore, State GST is ₹ 28,541 crore and Integrated GST is ₹ […]
Devmantra Times: 5th Edition 1st July 21
Happy To Bring To You The Fifth Edition Of Devmantra Times For The Month Of July 2021. We Wish Our Readers A Happy Doctor’s Day, CA Day & GST Day During the month of June we have been able to reach a new milestone or break through or innovation as you may call by introducing […]
Devmantra Times: 4th Edition 1st June 21
Welcome you to the fourth edition of Devmantra Times for the month of June. During the month of May we have been able to reach a new milestone by publishing the weekly Tax Digest.This has happened due to your continuos support as a reader. The unprecendented second wave have caused devastation all over our country […]
Devmantra Times: 3rd Edition 1st May 21
We have started with our 3rd edition of Devmantra Times for the month of May. Financial Year 2020-21, was perceived that it won’t be a fruitful year as the Indian Economy was in a drop-down position due to coronavirus pandemic effect. However, GST collections have crossed Rs 1 lakh crore in a row for straight […]
Devmantra Times: 1st April 21
Regulatory Updates 1.Opting-in for Composition Scheme for Financial year 2021-22 How to opt-in for Composition Scheme: The eligible registered taxpayers, who want to opt-in for composition scheme for the FY 2021-22, need to file FORM GST CMP-02 application, on or before 31st March, 2021, post login on GST portal. 2.Classification of Taxpayers Taxpayers are required […]
Devmantra Times: 6th March 21
Regulatory Updates 1.Charitable trust and institutions future planning in view of the Finance Bill proposal. Few things Charitable trusts & institutions should take care of: Raising limit for exemption under sub-clause (iiiad) and (iiiae) of section 10(23C): As per Rule 2BC, existing prescribed limit is Rs.1 Crore each for sub-clause (iiad) and (iiiae) of section […]