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Whether employers can reduce the salaries or bonus of the employees for the lockdown period of COVID-19 due to effect on the turnover of the organization?

In the 43rd GST Council meeting held on 28 May 2021, the Council had decided to constitute a Group of Ministers (GoM) to delve into the need to provide further tax relief by reducing GST rates...

The current situation arising out of the COVID-19 outbreak and the following lockdown has created an acute disruption in the normal lives.

As the world is battling on all fronts against the outbreak of COVID-19, India has also been considerably affected by the pandemic.

In furtherance to the Self-Reliant Movement (Aatma-nirbhar) announced by the Prime Minister on 13th May, 2020, the Union Minister of Finance & Corporate Affairs Ms. Nirmala Sitharaman...

Returns under section 39 of CGST Act in Form GSTR-3B and details of outward supplies under section 37 of the Act in Form GSTR-1 can be furnished using electronic verification code (EVC).