Individuals who are not permanent residents and do not possess a Permanent Account Number can now submit Form 10F electronically, as reported in Business Today. The Central Board of Direct Taxes has empowered non-residents who lack a PAN to electronically submit Form 10F through the income tax portal, allowing them to create an account without the need to first acquire …
In a significant step towards Atmanirbhar Bharat, the Central Board of Indirect Taxes and Customs has notified the reduction in compliances and end-to-end automation of procedure relating to import of certain goods at concessional rate of Customs Duty. "The CBIC has reduced the compliances required under the Customs Rules,2017 and introduced end to end automation of the procedure involved. Importers …
The Union Labour and Employment Ministry on Friday published the draft rules framed under the Industrial Relations Code, 2020, that would require firms with 300 or more workers to seek government approval for lay-offs 15 days prior to the intended action. The Industrial Relations Code, 2020, which was among the three labour Codes passed by Parliament in September, subsumed three …
