Posts By: Prakash Consultancy Services

Maharashtra Profession Tax returns submission date extended up to 31st May 2020

Posted by & filed under Profession Tax- Maharashtra.

Kindly refer to Trade Circular no. 4T of 2020 dated 19/03/2020. By this circular the whole of the late fee payable by the registered employer in respect of monthly or annual returns pertaining to periods up to March 2020 was exempted due to technical difficulties faced by the taxpayers subject to fulfillment of eligibility conditions. As… Read more »

Karnataka Tax On Professions, Trades, Callings And Employments (Removal Of Difficulties) Order, 2020

Posted by & filed under Profession Tax.

Gazette notification relating to the removal of difficulties order under the Karnataka Tax on Professions, Trades, callings and Employments Act, 1976. The Order may be called the Karnataka Tax on Professions, Trades, Callings, and Employments (Removal of Difficulties) Order, 2020. The change in remittance dates are as follows,The PT Contribution for March 2020 payable by… Read more »

EPF Due Date extended for the Contribution Period Mar-2020

Posted by & filed under Provident Fund - (Notification -Circulars).

Dear all1. Considering the unprecedented situation created by COVID-19 and lockdown announced by the Central Government from 24.03.2020 midnight onwards to prevent the spread of COVID-19, the due date for filing of Electronic Challan cum Return (ECR) for wage month March 2020 is extended up to 15.05.2020 for employers who have paid wages to their… Read more »

Covid 19 Relief Exemption From Penalty For Delay In Payment Of Profession Tax And Filing Of Return In Madhya Pradesh

Posted by & filed under Profession Tax.

One more relief to the employer in this epidemic of COVID 19. Government of Madhya Pradesh vide notification no. F A 3-07/2020/1/V(22), exempts the private sector employers who are required to make payment of tax of Mar-2020 by 10th April 2020 and file the relevant return by 15th April 2020, from the penalty under section 13,… Read more »

Circular on Date of Birth Proof Submission as per Aadhar in EPFO -Covid 19

Posted by & filed under Provident Fund - (Notification -Circulars).

In a move to extend the availability and reach of online services in the wake of the COVID-19 pandemic, EPFO has issued revised instructions to its field offices to facilitate PF members to rectify their date of birth in EPFO records, thus ensuring that their UAN is KYC compliant. The date of birth recorded in… Read more »

You can withdraw 75% of Employees Provident Fund in this pandemic Covid-19

Posted by & filed under Provident Fund - (Notification -Circulars).

 At a press conference on Thursday to unveil the ‘PM Garib Kalyan Package’ to help the poor face the novel coronavirus crisis, Finance Minister Nirmala Sitharaman announced,  “Employees’ Provident Fund Regulations will be amended to include Pandemic as the reason to allow the non-refundable advance of 75 percent of the amount or three months of… Read more »

Covid -19 India Relaxes Income Tax deadlines & penalties

Posted by & filed under Income Tax.

Following are the decisions with respect to statutory and regulatory compliance matters related to various sectors: Income Tax 1.     Extend last date for income tax returns for (FY 18-19) from 31st March 2020  to  30th June 2020. 2.     Aadhaar-PAN linking date to be extended from 31st March 2020 to 30th June 2020. 3.     Vivad se Vishwas scheme – no additional 10%… Read more »