Mar 012024
 

 

Introduction:
As we step into the second month of the year, businesses are presented with a fresh set of compliance challenges and opportunities. Staying ahead of regulatory changes, deadlines, and industry updates is crucial for maintaining a seamless and legally sound operation. In this blog, we’ll explore the key compliance considerations for March 2024 and how a well-structured Compliance Calendar can be your strategic ally in navigating this dynamic landscape.

1. Tax Season Kickoff:
March marks the beginning of the tax season in many jurisdictions. Ensure your Compliance Calendar includes deadlines for filing various tax documents, such as TDS returns, GST returns, and advance tax payments.

2. Employee Provident Fund (EPF) Updates:
Keep an eye on any revisions or amendments in EPF rates or regulations. Update your Compliance Calendar with EPF contribution deadlines and any changes in the contribution percentages.

3. Statutory Filings and Returns:
Verify deadlines for statutory filings specific to your industry and location. Incorporate these deadlines into your Compliance Calendar to avoid last-minute rushes and potential penalties.

4. Labour Law Revisions:
Stay informed about any changes or updates to labor laws at the central or state levels. Update your Compliance Calendar with the latest information to ensure ongoing compliance with all employment regulations.

5. Health and Safety Compliance:
Check for any updates in health and safety regulations, especially those related to workplace safety and employee well-being. Schedule safety audits and training sessions accordingly, updating your Compliance Calendar with these tasks.

6. Industry-Specific Regulations:
Industries such as finance, healthcare, and IT may have specific compliance requirements. Tailor your Compliance Calendar to include industry-specific obligations, certifications, or audits that are due in March.

7. Contract Renewals and Agreements:
Review contracts, agreements, and licenses set to expire in the coming months. Plan ahead for renewals or negotiations, ensuring your Compliance Calendar includes timely reminders for contract management.

8. Environmental Compliance:
For environmentally sensitive industries, keep abreast of any environmental compliance requirements. Integrate tasks related to environmental impact assessments, waste management, or emissions reporting into your Compliance Calendar.

Conclusion:
In the intricate tapestry of regulatory requirements, a proactive and well-organized Compliance Calendar is your compass for a successful and compliant journey. As March unfolds, make sure your business is well-prepared to tackle the evolving landscape of tax, labor, and industry-specific regulations. By incorporating these considerations into your Compliance Calendar, you’re not just meeting legal obligations; you’re positioning your organization for sustained success in a dynamic business environment.

COMPLIANCE CALENDAR March 2024 >>> DOWNLOAD 


Software Solutions Available on:

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“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata


 

Feb 292024
 

07th

TDS TDS Payment for February 2024.

10th

GST Return for authorities deducting tax at source – GSTR 7 for February 2024.
Details of supplies effected through e-commerce operators and the amount of tax collected – GSTR 8 for February 2024.

11th

GST Details of outward supplies of taxable goods and/or services effected – GSTR 1 for February 2024.

13th

GST Invoice Furnishing Facility (IFF) for February 2024 in lieu of GSTR 1 for QRMP Filers.
Return for Input Service Distributor – GSTR 6 for February 2024.

15th

P.F. PF Payment for February 2024.
ESIC ESIC Payment for February 2024.
Income Tax Fourth installment of advance tax for the assessment year for all assesses.
TDS Deposit of TDS Certificates for tax deducted u/s 194-IA, 194-IB, 194M in Jan.

20th

GST GSTR 3B for February 2024 if aggregate turnover exceeds Rs. 5 Crore.
Return for Non-Resident foreign taxable person – GSTR 5 for February 2024.

22nd

GST GSTR 3B for the month/quarter ended February 2024 if turnover is below Rs. 5 Crore for Gujrat, Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana. Andhra Pradesh, Karnataka, Goa, Kerala, Tamil Nadu, Puducherry, Dadra & Nagar Haveli.

24th

GST GSTR 3B for the month/quarter ended February 2024 if turnover is below Rs. 5 Crore for the Rest of India.

25th

GST Monthly Payment for February 2024 through Challan PMT06 for QRMP filers.

30th

TDS Deposit of TDS u/s 194-IA on payment made for purchase of property in Feb in Form 26QB.
Deposit of TDS u/s 194M for Feb on payments made to resident contractors or professionals greater than 50 lacs pa by individuals/HUF not subject to tax audit in Form 26QD.

31st

GST Furnishing of LUT in RFD-11 for export of goods/services for FY 2023-24.

 


Software Solutions Available on:

TDS | PAYROLL | WEB PAYROLL | WEB HRMS | XBRL | FIXED ASSET |INCOME TAX| SERVICE TAX | DIGITAL SIGNATURE | ATTENDANCE MACHINE & CCTV | DATA BACKUP SOFTWARE | PDF SIGNER

“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata


Jan 312024
 

07th

TDS TDS Payment for January 2024.

10th

GST Return for authorities deducting tax at source – GSTR 7 for January 2024.
Details of supplies effected through e-commerce operators and the amount of tax collected – GSTR 8 for January 2024.

11th

GST Details of outward supplies of taxable goods and/or services effected – GSTR 1 for January 2024.

13th

GST Invoice Furnishing Facility (IFF) for January 2024 in lieu of GSTR 1 for QRMP Filers.
Return for Input Service Distributor – GSTR 6 for January 2024.

14th

TDS Issue of TDS Certificates for Tax deducted u/s 194-IA, 194-IB, 194M in Dec.
Issue of TDS Certificates for Non Salary TDS returns

15th

P.F. & ESIC Payment for January 2024.

20th

GST GSTR 3B for January 2024 if aggregate turnover exceeds Rs. 5 Crore.
Return for Non-Resident foreign taxable person – GSTR 5 for January 2024.

22nd

GST GSTR 3B for January 2024 if aggregate turnover exceeds Rs. 5 crores (Note 1-Jan).

24th

GST GSTR 3B for January 2024 if turnover exceeds Rs. 5 crores (Note 2-Jan).

25th

GST Monthly Payment for January 2024 through Challan PMT 06 for QRMP filers.

28th

Prof. Tax Monthly Return Tax Liability of Rs. 1,00,000/- & above for January 2024.

28th

TDS Deposit of TDS u/s 194-IA on payment made for purchase of property in Jan in Form 26QB.
Deposit of TDS u/s 194M for Jan on payments made to resident contractors or professionals greater than 50 lacs pa by individuals/HUF not subject to tax audit in Form 26QD.

Software Solutions Available on:

TDS | PAYROLL | WEB PAYROLL | WEB HRMS | XBRL | FIXED ASSET |INCOME TAX| SERVICE TAX | DIGITAL SIGNATURE | ATTENDANCE MACHINE & CCTV | DATA BACKUP SOFTWARE | PDF SIGNER

“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata


Jan 302024
 

As we bid farewell to the past year and welcome the promises of the new one, the Indian business landscape gears up for another journey through the compliance maze. The start of 2024 brings with it a fresh perspective and a renewed commitment to adhere to the ever-evolving regulatory requirements. In this blog, we’ll navigate through the Indian compliance calendar for February 2024, ensuring businesses are well-prepared to embrace the challenges and opportunities that lie ahead.

 

Compliance-Calendar-Jan-2024 👈 DOWNLOAD


Software Solutions Available on:

TDS | PAYROLL | WEB PAYROLL | WEB HRMS | XBRL | FIXED ASSET |INCOME TAX| SERVICE TAX | DIGITAL SIGNATURE | ATTENDANCE MACHINE & CCTV | DATA BACKUP SOFTWARE | PDF SIGNER

“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata


Jan 042024
 

 

07th

TDS TDS Payment for December 2023.

10th

GST Return for authorities deducting tax at source – GSTR 7 for December 2023.
Details of supplies effected through e-commerce operators and the amount of tax collected – GSTR 8 for December 2023.

11th

GST Details of outward supplies of taxable goods and/or services effected – GSTR 1 for December 2023.

13th

GST Invoice Furnishing Facility (IFF) for December 2023 in lieu of GSTR 1 for QRMP Filers.
Return for Input Service Distributor – GSTR 6 for December 2023.

15th

P.F. PF Payment for December 2023.
ESIC ESIC Payment for December 2023.
TDS TDS Quarterly Statement (Other than Government Deductor) for October to December 2023.
TDS Issue of TDS Certificates for tax deducted u/s 194-IA, 194M in Nov.

18th

GST Quarterly Statement for composition taxable person – CMP 08 for October to December 2023.

20th

GST GSTR 3B for December 2023 if aggregate turnover exceeds Rs. 5 Crore.
Return for Non-Resident foreign taxable person – GSTR 5 for December 2023.

22nd

GST GSTR 3B for the month/quarter ended December 2023 if turnover is below Rs. 5 Crore for Gujrat, Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana. Andhra Pradesh, Karnataka, Goa, Kerala, Tamil Nadu, Puducherry, Dadra & Nagar Haveli.

24th

GST GSTR 3B for the month/quarter ended December 2023 if turnover is below Rs. 5 Crore for the Rest of India.

30th

TCS Issue of TCS Certificate for Oct to Dec by all collectors.

31st

GST To opt out or in from QRMP for the period January to March 2024
TDS TDS Quarterly Statements (Other than Government Deductor) for October to December 2023.
Prof. Tax Monthly Return Tax Liability of Rs. 1,00,000/- & above for December 2023.

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Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Tel.: 022-6820 6100| Call: 09769468105 / 09867307971
Email: sales@sensysindia.com | Website: http://www.sensysindia.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata


Software Solutions Available on:

TDS | PAYROLL | WEB PAYROLL | WEB HRMS | XBRL | FIXED ASSET |INCOME TAX| SERVICE TAX | DIGITAL SIGNATURE | ATTENDANCE MACHINE & CCTV | DATA BACKUP SOFTWARE | PDF SIGNER

“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata


 

Jan 032024
 

Appended below is the Pan India Compliance calendar for January 2024, the employer is under obligation to contribute towards some of the above-mentioned compliances for the welfare of the employees. Each of these compliances is again governed by a set of rules and formulas. It is proven to be a deliberate attempt to violate the provisions of the law, there could be imprisonment of the employer. Please, comply with the same in time to avoid any future non-compliance so that hefty penalties and fines are not charged by the respective dept.

 

COMPLIANCE CALENDAR January 2024 >>> DOWNLOAD 


Software Solutions Available on:

TDS | PAYROLL | WEB PAYROLL | WEB HRMS | XBRL | FIXED ASSET |INCOME TAX| SERVICE TAX | DIGITAL SIGNATURE | ATTENDANCE MACHINE & CCTV | DATA BACKUP SOFTWARE | PDF SIGNER

“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata


 

Dec 262023
 

 

ESIC Aadhar Seeding Application due to e-KYC changes by UIDAI. The letter provides instructions and updates regarding the process of seeding Aadhar details for insurance persons and their family members. Here’s a summary of the key points in the letter:

1. Background: The letter refers to previous instructions on Aadhar seeding issued on May 25, 2023, and October 31, 2023.

2. UIDAI e-KYC Update: UIDAI has updated its e-KYC response, specifically regarding the sharing of the date of birth. If the date of birth in UIDAI is recorded as ‘declared or approximate,’ only the year of birth is being shared on the ESIC Aadhaar Seeding application.

3. ESIC Portal Update: The ESIC Portal has been updated to allow users to select the date and month (Date/MM) during the Aadhaar seeding process, based on available documentary evidence. When the declared date of birth matches with the details in ESIC records, Aadhar will be seeded. In case of a mismatch, an update IP details request will be generated for approval.

4. Procedure for Cases with Only Year Visible: In cases where only the year is visible in the date of birth column after seeding Aadhaar details, the person handling Aadhaar seeding will enter the date and month based on Aadhar Card or other documentary evidence. The Aadhar number will be seeded accordingly. Such cases will be marked distinctly on the profile of the insurance person as a declared date of birth, subject to verification when necessary.

5. Deleted Blank Cases: All blank cases of Aadhaar mismatch requests from the last 15 days have been deleted from the backend. Field offices are instructed to approach the individuals again to seed their Aadhar numbers in the ESIC portal.

6. Help Files: The letter mentions that help files containing screenshots of the updated portal are attached for guidance.

7. Compliance Request: Field offices are requested to ensure strict compliance with these guidelines and expedite the Aadhaar seeding work.

If you have any specific questions or need further clarification on any part of the letter, feel free to ask.


DOWNLOAD: ESIC Procedure for Updating Aadhar Details.
DOWNLOAD: Circular for Aadhar changes updated.

Courtesy by: PCS CONSULTANCY

 


Software Solutions Available on:

TDS | PAYROLL | WEB PAYROLL | WEB HRMS | XBRL | FIXED ASSET |INCOME TAX| SERVICE TAX | DIGITAL SIGNATURE | ATTENDANCE MACHINE & CCTV | DATA BACKUP SOFTWARE | PDF SIGNER

“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata

Nov 302023
 

Appended below is the Pan India Compliance calendar for December 2023, the employer is under obligation to contribute towards some of the above-mentioned compliances for the welfare of the employees. Each of these compliances is again governed by a set of rules and formulas. It is proven to be a deliberate attempt to violate the provisions of the law, there could be imprisonment of the employer. Please, comply with the same in time to avoid any future non-compliance so that hefty penalties and fines are not charged by the respective dept.

 

COMPLIANCE CALENDAR December 2023 >>> DOWNLOAD 


Software Solutions Available on:

TDS | PAYROLL | WEB PAYROLL | WEB HRMS | XBRL | FIXED ASSET |INCOME TAX| SERVICE TAX | DIGITAL SIGNATURE | ATTENDANCE MACHINE & CCTV | DATA BACKUP SOFTWARE | PDF SIGNER

“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata


 

Nov 302023
 

07th

TDS Payment for November 2023.

10th

GST Return for authorities deducting tax at source – GSTR 7 for November 2023.
Details of supplies effected through the e-commerce operator and the amount of tax collected-GSTR 8 for November 2023.

11th

GST Details of outward supplies of taxable goods and/or services effected – GSTR 1 for November 2023.

13th

GST InvoiceFurnishing Facility (IFF) for November 2023 in lieu of GSTR 1 for QRMP Filers.
Return for Input Service Distributor – GSTR 6 for November 2023.

15th

GST Payment for November.
GST Advance Tax 3rd Installment for F.Y. 2023-24.

20th

GST GSTR 3B for November 2023 if aggregate turnover exceeds Rs. 5 crores.
Return for Non-Resident foreign taxable person – GSTR 5 for November 2023.

22nd

GST GSTR 3B for the month of November 2023 if aggregate turnover is below Rs. 5 core.

24th

GST GSTR 3B for the month of November 2023 if turnover is below Rs. 5 Crore for the Rest of India.

25th

GST Monthly Payment for November 2023 through Challan PMT06 for QRMP filers.

31st

P.F. P.F. Payment for March 2023.
ESIC  ESIC Payment for March 2023.
Prof. Tax Monthly Return Tax Liability of Rs. 1,00,000 & above for November.
Income Tax Filing of belated/revised return of income for the financial year 2023-24 for all assessees.
GST Annual Return – in GSTR 9 & Reconciliation Statement in GSTR 9C as applicable for Financial Year 2022-23

 


Software Solutions Available on:

TDS | PAYROLL | WEB PAYROLL | WEB HRMS | XBRL | FIXED ASSET |INCOME TAX| SERVICE TAX | DIGITAL SIGNATURE | ATTENDANCE MACHINE & CCTV | DATA BACKUP SOFTWARE | PDF SIGNER

“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata


Oct 302023
 

07th

TDS Payment for October 2023.

10th

GST Return for authorities deducting tax at source – GSTR 7 for October 2023.
Details of supplies effected through the e-commerce operator and the amount of tax collected-GSTR 8 for October 2023.

11th

GST Details of outward supplies of taxable goods and/or services effected – GSTR 1 for October 2023.

13th

GST Quarterly Return GSTR 1 for July to October 2023 for QRMP filers, whose turnover not exceeding Rs. 5 Crore.
Return for Input Service Distributor – GSTR 6 for October 2023.

15th

P.F. P.F. Payment for October 2023.
ESIC ESIC Payment for October 2023.

20th

GST GSTR 3B for October 2023 if aggregate turnover exceeds Rs. 5 crores.
Return for Non-Resident foreign taxable person – GSTR 5 for October 2023.

22nd

GST GSTR 3B for the month of October 2023 if aggregate turnover is below Rs. 5 core.

24th

GST GSTR 3B for the month of October 2023 if turnover is below Rs. 5 Crore for the Rest of India.

25th

GST Monthly Payment for October 2023 through Challan PMT06 for QRMP filers.

30th

Income Tax Form 10 IC – by Domestic Company to avail concessional tax rate u/s. 115BAA.
Return of income for the AY: 2023-24 in the case of an assessee to whom International and domestic Transfer Pricing applies.
Claiming foreign tax credit in Form No. 67.
Report in Form No. 3CEAA by a constituent entity of an international group for the accounting year.
Form No. 3CEJ by an eligible investment fund.
Intimation by a constituent entity in Form No. 3CEAC.
Country-By-Country Report in Form No. 3CEAD for a reporting accounting year by a constituent entity.
Intimation on behalf of an international group in Form No. 3CEAE.

30th

Prof. Tax Monthly Return Tax Liability of Rs. 1,00,000/- & above for October

 


Software Solutions Available on:

TDS | PAYROLL | WEB PAYROLL | WEB HRMS | XBRL | FIXED ASSET |INCOME TAX| SERVICE TAX | DIGITAL SIGNATURE | ATTENDANCE MACHINE & CCTV | DATA BACKUP SOFTWARE | PDF SIGNER

“Our Products & Services”

Sensys Technologies Pvt. Ltd.

HO: 904, 905 & 906, Corporate Annexe, Sonawala Road, Goregaon East, Mumbai- 400 063.
Call: +91 766 990 4748
Email: contact@sensysindia.com | Website: http://www.sensystechnologies.com
Branches: Delhi & NCR | Pune | Bangalore | Hyderabad | Ahmedabad | Chennai | Kolkata