The Ministry of Corporate Affairs (MCA) has recently released the new website MCA21V3. Q. 1 Has the new MCA website been launched? Has there been any change in the existing services? Ans.: The Ministry of Corporate Affairs is in the process of implementing the third version of its flagship project MCA21 (MCA 21 V3). The
In this article, we have summarised the frequently asked question by the senior citizens with respect to Income Tax compliances. Q 1. What are the benefits available to a senior citizen and very senior citizen in respect of tax rates? Ans.: Senior citizens and very senior citizen are granted a higher exemption limit as compared
Frequently Asked Questions on Form 10A for Charitable Trust Q 1: A charitable trust has obtained registration under Section 12A of the Income-tax Act, 1961. Now, it wants to obtain registration under Section 80G of the relevant act. Is it required to file a new application in Form 10A? Ans.: Yes. For each unique section
Frequently Asked Questions on Unique Document Identification Number (UDIN) Q 1. What is Unique Document Identification Number (UDIN)? Ans.: The Institute of Chartered Accountants of India, on noticing about the fake certifications by Non-CAs misrepresenting themselves as Chartered Accountants which misled the authorities and stakeholders, pioneered in conceptualizing a unique concept which is called “Unique
Q.1 What is the objective of this ABRY? To incentivise the employers of establishments, registered under EPF & MP Act, 1952, for generation of new employment and to support the new employees entering the formal / organized sector with monthly wage of less than Rs.15000/& re-employing persons from low wage bracket who lost their jobs
Frequently Asked Questions on Quarterly Return Monthly Payment (QRMP) Scheme .Q 1: What is the QRMP scheme? What are its benefits? A: Quarterly Return, Monthly Payment of Taxes (QRMP) Scheme is a scheme to simplify compliance for small taxpayers. Under this scheme, taxpayers having an aggregate turnover at PAN level up to Rs. 5 crores
