MRR UNBOSOM

IN VIEW OF SECOND WAVE PANDEMIC SITUATION GST TAXPAYERS CAN NOW BE AT COMFORT OF FILING THE GST FORMS ON RESPECTIVE EXTENDED DATES, ZERO LATE FEES AND LOW INTEREST RATES AS DECIDED BY GOVT.(CBIC) Government has given an opportunity to GST Tax payers to file the returns within extended time. This is the decision taken in favour of taxpayers as relief from the partial lockdowns in respective states along with severe pandemic concerns. Special Reliefs are as below: REDUCTION IN RATE OF INTEREST LEVIED FOR THE TAX PAYMENTS TO BE MADE WAIVER OFF OF LATE FEES  EXTENSION OF DUE DATES FOR FEW FORMS FILING CBIC is been represented by various stakeholders and taxpayers about the challenges faced during this pandemic situation. Timely compliance of GST filings is highly impossible considering the dangerous spread of covid is the opinion of stakeholders. Stakeholders request is observed by CBIC and GOI and announced relief measures.   Filing dates extended till 31st Ma...

PATIENTS SHOULD RESPOND TIMELY ACCORDING TO THE SERIOUSNESS OF PANDEMIC  Second Wave pandemic surge has impacted our lives completely and precautions at every moment of life  is required  to combat with this virus. MOHFW,  AIIMS, ICMR and Joint Monitoring group collectively have proclaimed some suggestions to the citizens for taking action as per the severity position of the disease assailed.  Pandemic prone Patients are specifically categorized into three different stages by severity and every stage has its advised steps to follow to combat the virus. THREE STAGES 1) MILD DISEASE 2) MODERATE DISEASE 3) SEVERE DISEASE Home isolation and care is more preferable to  MILD DISEASE symptom  patients as per the suggestion list.  Patients with  MODERATE DISEASE  are  required to be admitted in the Ward which is equipped with specially arranged requisite facilities to tackle the situation.  Patients assailed with  SEVERE DISE...

MCA APPRECIATES BUSINESS COTERIE FOR THE SUCCOUR ON COMBATING COVID-19 AND ALSO ALLOWED THE COTERIE TO SPEND THE SURPLUS CSR FUNDS FOR SETTINGUP COVID CARE FACILITIES WHICH IS CONSIDERED AS AN ELIGIBLE CSR ACTIVITY. MCA issued clarification on spending of CSR funds. Funds utilized  for Setting up makeshift hospitals and temporary covid-19 care facilities are eligible to be considered as CSR activities under companies act,2013.   GENERAL CIRCULAR NO. 05/2021 is issued as clarification on this matter to the business coterie.  Previously clarification was given that Spending of CSR funds for Covid-19 is an eligible CSR Activity, now its scope is further expanded and any CSR funds spent on setting up makeshift hospitals and temporary Covid-19 care facilities by companies would also be considered as eligible CSR activity.  MESSAGE TO BUSINESS COTERIE  COMPANIES are also advised to undertake the activities in consultation with respective governments and comply wi...