As the financial year 2019-20 ended amid the nationwide lockdown to contain the spread of highly contagious Novel Coronavirus Covid-19, it has become very difficult for taxpayers to meet the last-minute tax-saving investment targets, especially for those who are not tech-savvy and rely on offline investment modes. Although online investors had the opportunity to invest…
Among the global pandemic crisis and the expected economic turmoil, the Finance Bill 2020 has been passed by the Parliament with some major relaxations on March 23, 2020. At the stage of passing of the Bill, the amendments originally proposed in the criteria determining ‘residential status’ in India of a person in the Finance Bill…
The State registered 24.46 per cent growth in SGST collection during the Financial Year 2019-20 compared to the ptevious year. While Rs 7,008.07 crore had been collected in 2018-19, the collection figure rose to Rs 8,722 crore in 2019-20. Similar trend was observed in CGST collection also. It grew from Rs 5296.07 crore in 2018-19…