Tag: registration

Donor disclosure rules tightened for trusts
Posted in Economy

Donor disclosure rules tightened for trusts

Charitable, religious and educational trusts will now have to provide additional disclosures with their income-tax returns including name, address and permanent account numbers of donors…

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I-T department tweaks disclosure norms for charitable institutions claiming exemption
Posted in Economy

I-T department tweaks disclosure norms for charitable institutions claiming exemption

The income tax department has made changes to the disclosure requirements for charitable institutions claiming income tax exemption. Effective from October 1, the amendments to…

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Govt to set up high-level panel for smooth implementation of national credit framework (NCrF)
Posted in Economy

Govt to set up high-level panel for smooth implementation of national credit framework (NCrF)

The government will soon set up a high-level panel for smooth implementation of the national credit framework, which will come into force from August 2023….

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Government widens scope of e-Shram portal to include family details of unorganised workers
Posted in Economy

Government widens scope of e-Shram portal to include family details of unorganised workers

The government has widened the scope of its e-Shram portal to now include details of the family members of the unorganised workers, thus paving way…

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GST Network: GSTN mandates businesses with over Rs 100 crore turnover to upload e-invoice on IRP within 7 days
Posted in Economy

GST Network: GSTN mandates businesses with over Rs 100 crore turnover to upload e-invoice on IRP within 7 days

Businesses with turnover of Rs 100 crore and above will have to upload their electronic invoices on IRP within 7 days of the issue of…

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NEFT: RBI makes changes in NEFT, RTGS for daily reporting of foreign remittances
Posted in Economy

NEFT: RBI makes changes in NEFT, RTGS for daily reporting of foreign remittances

With the Home Ministry mandating SBI to report all details of overseas donors, including purpose of remittances on daily basis, the Reserve Bank of India…

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Posted in Finance

Is your car more than 15 year old? Here’s what you need to know about scrapping

You may think there is a lot of life left in your 15-year-old car or two-wheeler, but the government feels differently. As India embraces clean…

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