News – va-associates

TDS payment in respect of life insurance policy

As per current provisions, any payment in respect of life insurance policy to a resident person shall be subject to TDS at the rate of 1%..

Time limit within which GST refund claim can be filed

Any person claiming refund of any tax, interest, if any, paid on such tax or any other amount paid by him, may make an application before..

Documents required for GST refund claim

Documents required for filing GST refund claim has been provided under the provisions of section 54(4) read with rule 89(2). Section 54(4) of the CGST Act..

Trade wars to impact flow of capital, goods and services

The GST regime continues to promote the scheme of self-assessment like erstwhile indirect tax laws and Audit of records of tax payers is the basis for..

GST returns filing: Deadline ends, figures suggest robust collections

Given that the states’ combined GST tax revenue is estimated to be roughly equal to that of the Centre, a monthly GST revenue of Rs 1.55..

Deadline for Aadhaar-PAN linkage extended till December 31

The government on Thursday extended by four months the deadline for linking PAN with biometric identifier Aadhaar till December 31. The deadline for linking PAN..

1% of expected invoices uploaded to GSTN

About 1% of the expected goods and services tax invoices had been uploaded on the GST Network more than a month after the facility opened, suggesting..