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![[Breaking] GST Council allows Quarterly filing of GSTR-3B for less than 5cr Turnover](https://www.taxscan.in/wp-content/uploads/2020/10/GSTR-3B-GST-Council-Month-Returns-GST-Returns-Taxscan.jpg "[Breaking] GST Council allows Quarterly filing of GSTR-3B for less than 5cr Turnover")
[Breaking] GST Council allows Quarterly filing of GSTR-3B for less than 5cr Turnover
The 42nd GST Council Meeting held today has decided to allow the quarterly filing GSTR-3B returns having less than five crores turnover. This...
![New Income Tax Faceless Assessment starts from Today: All You Need to Know [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/Income-Tax-Faceless-Assessment-Taxscan.jpg "New Income Tax Faceless Assessment starts from Today: All You Need to Know [Read Notification]")
![Central Govt violated GST Compensation Cess Act by using Funds allocated for States elsewhere, says CAG Report [Read Report]](https://www.taxscan.in/wp-content/uploads/2020/09/GST-CAG-GST-Compensation-Cess-Act-GST-Compensation-Taxscan.jpg "Central Govt violated GST Compensation Cess Act by using Funds allocated for States elsewhere, says CAG Report [Read Report]")
![CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/08/CBIC-Late-GST-payment-tax-liability-Interest-GST-Taxscan.jpg "CBIC notifies Net Tax Liability to be Considered for Interest on Late GST Payments with effect from Sep 1, 2020 [Read Notification]")
Professionals like Chartered Accountants, Lawyers are now eligible to avail Govt's Credit Guarantee Scheme for MSMEs
The government on Saturday expanded the scope of the scheme to include ‘individual loans given for business purposes’ within the ambit of the Emergency Credit Line Guarantee Scheme. Professionals...
Finance Ministry suspends Fresh Initiation of Insolvency Proceedings up to One Year, Debts incurred due to COVID-19 not 'Default' for IBC
The Ministry of Finance has suspended the fresh initiation of insolvency proceedings up to one year depending upon the COVID-19 pandemic situation. The Minister for Finance and Corporate Affairs said...
