Central Board of Direct Taxes has Extended the due date for payment of tax deducted at source for the months October and November
Central Board of Direct Taxes vide Circular Dated 19’th December 2019, has Extended the due date for payment of tax deducted at source and filing of the complimentary forms for the months of October and November.
Reserve Bank extends liquidity support to member banks for smooth settlement of NEFT transactions
The Reserve Bank of India, in order to facilitate smooth settlement of NEFT transactions in the accounts of the member banks maintained with RBI, has decided to provide an additional collateralised intra-day liquidity facility, to be called Liquidity Support (LS), to all member banks eligible for IDL facility.
Bihar Settlement of Taxation Disputes Act, 2019 enacted for speedy settlement of taxation disputes.
Government of Bihar on 12th December 2019 has enacted the Bihar Settlement of Taxation Disputes Act, 2019 for speedy and amicable settlement of taxation disputes. The State Government may prescribe the manner for filing and disposing of application.
The Bihar Goods And Service Tax (Amendment) Act mandates every registered person to furnish Aadhar/identity proof
The Government of Bihar has issued the The Bihar Goods And Service Tax (Amendment) Act, 2019 on 12 December 2019. The amendment has provided for mandatory authentication of identity of every registered person by furnishing Aadhar proof or such alternate and viable identity proof.
