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Tax Act, 2004 Maharashtra Value Added Tax Act (2002) West Bengal Value Added Tax Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 The Uttar Pradesh Value Added Tax Act 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh Value Added Tax Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes The Employees' State Insurance Act, 1948 The Employees' Provident Funds and Miscellaneous Provisions Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 Monopolies and Restrictive Trade Practices Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 Foreign Exchange Management Act, 1999 Maharashtra Real Estate Regulatory Authority and Rules The Real Estate (Regulation and Development) Act, 2016 The Insolvency And Bankruptcy Code, 2016 Prohibition Of 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IMPORTANT DATES : > Deposit of GST of February under QRMP scheme. : 25/03/2023 > Return for February by persons with Unique Identification Number (UIN) like embassies etc to get refund under GST for goods and services purchased by them. : 28/03/2023 > Deposit of TDS on payment made for purchase of property in February : 30/03/2023 > Deposit of TDS u/s 194M for February : 30/03/2023 > Deposit of TDS on Virtual Digital Assets u/s 194S for February. : 30/03/2023 > Updation of Nomination details or express opting out in Demat/Trading/Mutual fund accounts to avoid deactivation. : 31/03/2023 > Annual Report on Corporate Social Responsibility by Companies to whom CSR is applicable (as an addendum to applicable Form AOC-4 )for FY 21-22. : 31/03/2023 > Opt for Composition schme for FY 2023-24. Existing ones are not required to apply again. : 31/03/2023 > Online Application for Letter of Undertaking (LUT) for Exports & Supplies to SEZ without payment of tax in 2023-24. : 31/03/2023 > Payment of life insurance premium, deposit of PPF etc. for saving tax of FY 22-23. : 31/03/2023 > Linking of PAN with Aadhaar with late fee of Rs. 1000. : 31/03/2023 > Payment of balance Advance Income Tax by ALL to save interest u/s 234B. : 31/03/2023 > Application for registration/provisional registration, intimation, approval/provisional approval of Trusts etc required to be made upto 30.6.21. (extended to 25.11.22 in some cases) : 31/03/2023 > Application for conversion of provisional registration to regular or renewal of registration /approval after 5 years of registration /approval of Trust, institution, etc. (which was due on or before 28 February, 2022). : 31/03/2023 > Updated ITR for AY 2020-21 with 50% of aggregate tax and interest payable. : 31/03/2023 > Updated ITR for AY 2021-22 & 20222-23 with 25% of aggregate tax and interest payable. : 31/03/2023

Welcome To

Startup Business Consultants

Achieving your business objectives to gain advantage requires experience and foresight, we at Startup Business Consultants provide you that expertise advice to overcome any obstacle that your business comes across and help you take the best decisions to move your business forward with confidence.

We help clients with all aspects of creating and growing their small businesses. Being successful in business means staying abreast of the latest industry trends and continually seeking ways to streamline and improve operations. We advise on effectively balancing the financial, managerial, and operational aspects of your business.

What's New

23/03/2023

Fixed deposit interest rates to go up again? RBI hits at another hike

Roll out of ‘AIS for Taxpayer’ Mobile App

Governor Shaktikanta Das calls for augmenting computing infrastructure of RBI

Demonetisation and its effect on Indian economy

22/03/2023

India better placed than most to face turmoil, says RBI report

RBI snaps 2 months of dollar buys, net-sells $384 mn in market in Jan

RBI asks banks to keep branches open till March 31 for annual closing

Retail inflation high, core inflation defying softening of input costs: RBI Bulletin

How to identify a fake GST invoice and report it: A step-by-step guide

Advisory for the taxpayer wishing to register as “One Person Company” in GST

Restaurants entitled to charge GST on service charge voluntarily paid by customer

72.42 Lakh is highest number of ITR filing in a day on 31st July 2022

21/03/2023

As liquidity tightens, call money rate jumps to 7% before easing

PAN-Aadhaar Link: A step by step guide to link two cards before deadline

GST ITC restriction on CSR spend: Why businesses are worried about potential challenges

No Restriction for GST Registration For Professional on Residential Address

20/03/2023

Govt invites application for RBI deputy governor post; M K Jain to retire

GST dept to scrutinise I-T, MCA data to identify entities not paying taxes.

Representation Against Proposed Amendment In Section 43B

Delhi South CGST unearths fake invoicing racket

18/03/2023

Financial sector stable, worst of inflation behind us’: RBI Governor Shaktikanta Das

Youtube Live: Statutory Bank Branch Audit – Practical Guide

Is new income tax slab beneficial for home loan EMI paying individuals?

Representation Against Proposed Amendment In Section 43B

US banking crisis shows importance of robust regulators, risks of cryptocurrencies: RBI guv Shaktikanta Das

17/03/2023

Today, SAT will hear Arshad Warsi’s appeal against SEBI ban

PAN-Aadhar link to ITR filing: Complete these 5 financial tasks by March 31

How the very nature of RBI regulation protects Indian banks from SVB-type crises.

Sebi renews recognition to AMC Repo Clearing for one year

7 working days: Sebi now prescribes 'strict' timelines for FPI disclosures

16/03/2023

RBI doing it right on rate hikes, need more: IMF economist Luis Breuer

RBI rejects Bajaj Fin's plan for Philippines operations over FATF concerns

RBI, UAE central bank sign MoU on interoperability of their CBDCs

Parliamentary panel meet: Congress demands summoning of SEBI chief, other officials on Adani issue; BJP opposes

A four-member GST appellate tribunal likely in each state to streamline dispute resolution

15/03/2023

From PPF to FDs: Last-minute income tax saving options you can explore

Bhopal gas tragedy: SC nixes Centre's plea for more compensation to victims

Matter of levy of VAT/ GST on Extra Neutral Alcohol pending before Supreme Court hence hearing deferred

14/03/2023

In absence of any incriminating documents seized during search- Additions not justified

ITAT allows cash payment made to volunteers for drug analysis

HC Rejects Bail Plea of Wife of Ex-CIT in Disproportionate Assets case

GST provisional attachment under section 83 cannot be extended

Section 271B penalty deleted – Tax audit report submitted before finalization of assessment

Non-Filing of CA Certificate with refund claim: CESTAT allows filing

13/03/2023

IndusInd Bank slips 5% as RBI reappoints MD & CEO for shorter tenure

Inflation expected to come down over the year: RBI MPC member Ashima Goyal

10/03/2023

Worrisome to see no transparency in forex fees for small players: RBI's Rao

India's inflation seen easing slightly in Feb, still above RBI target: Poll

Exemption u/s 11 duly denied for non-submission/ late submission of Form No. 10B

TDS credit available as per reporting of income and not as per reporting by deductor

06/03/2023

Issues pertaining to uploading of orders in respect of TRAN-1 / TRAN-2

04/03/2023

RBI puts restrictions on Musiri Urban Co-operative Bank; caps withdrawal

Stock manipulation via YouTube: Sebi bars Arshad Warsi, wife & 31 entities

03/03/2023

SEBI (Investor Protection and Education Fund) (Amendment) Regulations, 2023

Alternative remedy not operate as an absolute bar for entertaining a writ petition: HC

02/03/2023

Bajaj Finserv gets Sebi's approval to foray into mutual fund business

Feb GST collection up 12% YoY to Rs 1.49 trn, dips month-on-month

28/02/2023

Cancellation of GST Registration without determining the amount payable by the assessee is cryptic, invalid and not sustainable

27/02/2023

G20: India walks tightrope to form consensus amongst competing interests

Check Points before switching to New Income Tax Regime

Golden Rule of Interpretation and Pepsi Foods Ltd Case

‘RAB’ getting special attention of GST council

24/02/2023

GST: HC directs revenue to provide opportunity of hearing to ensure natural justice

NSE gets Sebi approval to launch Social Stock Exchange as separate segment

Beginner’s Guide to Getting a Credit Card for the First Time

23/02/2023

RBI MPC minutes show deepening concerns over inflation pressures

The Court may relax latches incase a professional misleads

Short Note on Contract Labour (Regulation & Abolition) Act 1971 (CLRA) – Statutory Compliance

22/02/2023

Indians spend over $1 bn every month on foreign travel: RBI data

Inbound travellers from G20 countries can now use UPI, says RBI

21/02/2023

Reserve Bank of India tightens norms for ARCs on income recognising fee

Banks, financial institutions should safeguard banking security, says RBI

FM Nirmala Sitharaman defends RBI: 'Reining in inflation, capital outflows'

Sebi issues consultation paper on disclosure requirements for listed firms

17/02/2023

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

Sebi notifies governance norms for REITs, InvITs similar to listed cos

India writes to WTO against Carbon border tax; here's all you need to know

16/02/2023

Sebi notifies governance norms for REITs, InvITs similar to listed cos

15/02/2023

Loans on debit cards to be governed by digital lending guidelines

53 key regulatory reforms undertaken for startup ecosystem

14/02/2023

HDFC Bank begins offline payment pilot under RBI sandbox facility

13/02/2023

How have the home loan EMIs changed since RBI's repo rate hike in May 2022?

10/02/2023

RBI repo rate hike to impact affordable housing demand, say experts

RBI resumes repo ops after 5 months as LTRO maturities lined up

09/02/2023

RBI proposes to expand scope of TReDS to improve cash flows for MSMEs

New income tax slab and rates for new tax regime FY 2023-24 (AY 2024-25) announced in Budget 2023

How Budget, RBI policy made Jefferies change its India stock portfolio

RBI repo rate hike: Long term FD interest rates are yet to peak; should you invest now?

08/02/2023

RBI Monetary Policy: Repo rate hiked by 25 bps, GDP forecast now at 7%

Indian shares end lower in volatile session ahead of RBI's rate decision

Sebi to put onus of detecting price rigging, insider trading on brokers

Insurance execs to FM Sitharaman: Relax taxing high-value policies

07/02/2023

GST on digital services: Budget 2023-24 broadens scope of OIDAR

Will home loan borrowers get a break from rising interest rates in this RBI February MPC meet?

06/02/2023

BUDGET 2023 HIGHLIGHTS

04/02/2023

Banking sector remains resilient amid Adani Group's stock rout, says RBI

RBI says 'banking sector remains resilient, stable' amid Adani stocks rout

BUDGET 2023 HIGHLIGHTS

03/02/2023

RBI asks banks to share information on exposure to Adani Group companies

Old income tax regime vs new income tax regime: Which one is better?

BUDGET 2023 HIGHLIGHTS

02/02/2023

BUDGET 2023 HIGHLIGHTS

01/02/2023

Income tax department conducts survey action against drug major Cipla

BUDGET 2023 HIGHLIGHTS

Hindenburg report: Sebi discusses Adani firms with ratings agencies

2nd highest gross GST collection in January 2023 amounting Rs 1.55 trn

31/01/2023

Join Live webinar on BUDGET 2023 – Analysis of Indirect tax Proposals

HC cannot condone delay in GST appeal if filed beyond maximum stipulated time limit

GST Appeal: There cannot be any condonation beyond the cap or belated period

RERA: Cancellation of Sale Agreements when Allottees don’t pay on time

30/01/2023

Section 138 of Income Tax – Disclosure of information respecting assessees

Power of GST officers to seize cash during search operations?

27/01/2023

9 out of 10 individual traders in F&O segment making losses: Sebi

25/01/2023

Corporate Espionage – A Strategic Move or A Crime?

ASM Audit & Its Importance in Clean Credit Culture

ESOP: An Effective tool for Startup

24/01/2023

Company Secretary Services: A One-Stop Solution for Compliance & Governance

RBI asks SBM Bank to put brakes on remittance transactions immediately

Sebi asks PayMate India to refile IPO papers with certain updates

23/01/2023

Transfer of Leasehold Right not warrant invoking of section 50C(1)

India and UAE DTAA not contain any article concerning FTS

VAT on Hiring of Helicopters – Delhi HC to decide

21/01/2023

Current account deficit likely to narrow in 2023: RBI's January bulletin

Sebi carries out nationwide raids on market experts for front-running

20/01/2023

Outward remittances under LRS scheme near $2 billion in Nov: RBI

Current account deficit likely to narrow in 2023: RBI's January bulletin

RBI net bought US dollars for first time in five months in November

Current account deficit likely to narrow in 2023: RBI's January bulletin

NRIs' deposits touch $134 billion in November 2022: RBI bulletin

19/01/2023

An Explainer Series – Foreign Contribution (Regulation) Act, 2010

Relaxation Act 2020- 6 Year Limitation for Reassessment notice – Approving Authority

Furnishing of Form No. 10B before due date prescribed in section 44AB mandatory w.e.f. 1.4.2020

18/01/2023

OYO to refile updated draft IPO papers by mid February, as asked by Sebi

Sebi returns Lava Intl's draft IPO papers; asks to refile with updates

Sebi floats paper to guard client funds

Aggregate Annual Turnover (AATO) under GST

17/01/2023

Increased provision on CET1 for loan loss to be phased out: RBI paper

RBI prior approval now a must for picking up over 5% stake in banks

An Insight into India’s Complex Indirect Tax System

Electronic invoice (e-invoice) Under GST

16/01/2023

The changes in Sebi’s complaints redressal system

Live Course on Refund of Input Tax Credit Under GST – Detailed Analysis

RBI, Centre keep inflation failure letter under wraps

ITR filing: How long one should keep income tax return documents?

13/01/2023

Extension of two months granted for filing reply to show cause notice

CPI eases marginally to 5.72% in Dec 2022, within RBI's comfort zone

How to File GST Return Quickly ?

12/01/2023

Expense having no nexus with Income from other sources cannot be allowed

RBI urges bond market players to use tool to prevent gilt auction errors

Sebi allows active to passive ELSS switch for asset management companies

11/01/2023

Videocon-ICICI loan case: SAT asks Sebi to provide documents to Kochhar

Bourses get Sebi's approval to launch derivatives on bond indices

10/01/2023

Govt extends RBI Deputy Governor Michael Patra's tenure by one year

Sebi to extend trading hours in case of outage at stock exchanges

09/01/2023

Forex reserves up by $44 mn to $562.85 bn on rise in RBI gold reserves

Directorship In Indian Companies By “Persons Resident Outside India”

Export of Goods and Service Against Letter of Undertaking

07/01/2023

Forex reserves up by $44 mn to $562.85 bn on rise in RBI gold reserves

Price stability top priority for South Asia: RBI governor Shaktikanta Das

IDBI Bank up 5% on Sebi nod to reclassify govt post sale-stake as 'public'

RBI to auction green bonds in 2 tranches of ?8,000 crore each in Jan, Feb

05/01/2023

RBI lifts ban on M&M Finance for outsourcing recovery, repossession agents

04/01/2023

RBI asked SBI to amend MoA before granting nod to arm

Income tax return filing: Did you get an intimation notice under Section 143(1)?

03/01/2023

Benefit u/s 54 available as total capital gain utilized for acquisition of new house

India raises windfall tax on crude oil, diesel and aviation turbine fuel

GST Registration – Unregistered Rent Agreement – A statutory analysis

ITR forms are highly complicated & lacks interlinking & auto-correction

02/01/2023

GST mop-up about Rs 1.5 trillion in Dec, third-highest ever: FinMin data

Dec 2022 GST collections stand at Rs 1.49 trillion, shows govt data

'Important to arrive at a common international approach to crypto': RBI

30/12/2022

Debt MF schemes doing well in stress tests: RBI financial stability report

Banks using quality liquid assets to fund loan growth: RBI report

Gross NPA ratio falls to 7-yr low of 5%, banking system remains sound: RBI

Indian economy resilient amid global shocks: RBI Governor Shaktikanta Das

29/12/2022

Bank frauds from card, net-based transactions rise, shows RBI report

28/12/2022

Retail loans likely to become a source of systemic risk, warns RBI

GST officers to seek details of all invoices in case of ITC mismatch

Banks' balance sheet grows in double digits after 7 years: RBI report

Realisation through IBC 201% of liquidation value as of Sept: RBI

NBFCs need to be mindful of rising borrowing costs, says RBI report

27/12/2022

RBI to migrate payments fraud reporting module to Daksh on January 1

Missed inflation target, digital currency pilot mark RBI's 2022 map

Sebi issues notice to attach bank accounts of Sahara group's Subrata Roy

SAT sets aside Sebi's order to impose penalty on Bhushan Steel for lapses

No proposal to reduce GST e-invoice threshold limit to Rs. 5 Crore

Dubai VAT and Corporate Tax Changes in 2022: Recent Taxation Rule

26/12/2022

Rejection of GST registration solely for delay in moving revocation application, is not sustainable

HC quashed section 148 notice issued more than six years after the end of relevant AY

HC upheld section 68 addition as Assessee failed to prove 3 conditions

24/12/2022

Bharat Highways InvIT files draft papers with Sebi to raise ?2,000 cr via IPO

23/12/2022

States requested for extension of payment of GST compensation Cess

Govt green bonds can be a gauge for pvt sector fundraise: RBI Dy Governor

22/12/2022

Elections not a factor for monetary policy: RBI governor at BFSI Summit

Next financial crisis will come from crypto: RBI Guv Das at BFSI summit

21/12/2022

RBI sold $922 million in foreign exchange market in October: Bulletin

Outward remittance under LSR dips 28% to $1.92 bn in Oct, shows RBI data

In a U-turn, outstanding NRI deposits rise in October, shows RBI data

SEBI suspends trading of agri commodity derivatives for 1 more year

Sebi board approves phasing out shares buyback through stock exchanges

Sebi opens doors for MF investment platforms to charge transaction fee

Sebi to issue consultation paper for secondary market ASBA by March

20/12/2022

Liquidity slips into deficit; RBI cash injections at over one-month high

Sebi proposes major changes in investor grievance redressal mechanism

Markets regulator Sebi clarifies on new ISIN allocation by depositories

Sebi planning 'micro' REITs to bring property companies to nascent market

19/12/2022

Centre, state govts to focus on efforts to widen GST base: FM Sitharaman

Advance tax mop-up grew 13% in April-Dec period to Rs 5.21 trillion

17/12/2022

RBI's forex reserves rise for fifth straight week to $564.07 billion

Sebi planning 'micro' REITs to bring property companies to nascent market

Sebi issues performance benchmarking guidelines for PMS industry

16/12/2022

Sebi penalises 10 entities for manipulating Millitoons Ent's stock prices

Sebi planning 'micro' REITs to bring property companies to nascent market

GST Council meet: GoM pitches for 'specific tax levy' on pan masala, gutkha

No consensus in GoM report on GST framework for online gaming

Updated Till : 24/03/2023

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