GST – Goods service tax is a tax procedure followed in India from July 1st 2017 on the supply of goods and services to avoid multiple taxes by the central and state governments. GST is…

Introduction With the intent to penalise the non-filers of the income tax returns, CBDT introduced new sections, namely, 206AB and 206CCA. Section 206AB (Clause 51 of Finance Bill 2021) Any person who is liable to…

Introduction: In view of the economic distress caused by the COVID-19 pandemic, the Finance Ministry unveiled a Rs. 20 Lakh Crore comprehensive package, known as the Emergency Credit Line Guarantee Scheme (ECLGS).  This package is…