Day: May 31, 2019

PAN card alert! CBDT issued this important notification – Must know to save Rs 10k penalty

Any resident entities that have made financial transactions worth Rs 2.5 lakh or more in the last fiscal need to apply for a PAN card on or before May 31, according to a notification issued by CBDT last…

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H1B Restrictions Will Impact Indian IT Employees: Less Profit For Indian IT Firms Expected

We’ve been strapped on with all the changes going on around the H1B visa norms since 2017. They’ve nothing but tightened under Trump’s administration, vigilant to secure maximum good quality jobs for American citizens. As we previously informed…

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RBI Will Charge Rs 5 Per RTGS Between 1 PM To 6 PM; PNB Again In Red With Rs 4750 Cr Loss

Reserve Bank of India has introduced some sweeping changes to the RTGS or Real-time gross settlement transactions. A premium fee of Rs 5 has been introduced, even as the time period for RTGS has been extended. Meanwhile, India’s…

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Govt. Wants Supreme Court To Penalise Whatsapp; PhonePe, m-pesa Slapped With Heavy Fine

Govt. and RBI has initiated a crackdown against mobile wallets for violating rules and regulations pertaining to digital payments. And that includes Whatsapp payments as well. Govt. to Supreme Court: Take Action Against Whatsapp Whatsapp has already started…

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ITR forms for AY 2019-20 notified – Complete list of ITR forms and their usage

New Delhi: The Income Tax department has notified various forms related to I-T return filing for individuals as well as companies for the assessment year 2019-20. The Tax department has made no change in ITR-1 form or Sahaj,…

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