With September comes many changes for the common man living the common life. These changes relating to the banking sector, financial and other sectors will have an effect on the budget and lifestyle of people.
To know and understand these changes is important as they will affect the daily lives and families of the common man.
Here is a list of rules that will take place in September 2021:
Change in GST:
The Goods and Services Tax Network (GSTN) has stated that Rule-59(6) of Central GST Rules which provides for restriction in the filing of GSTR-1, will come into effect from September 1, 2021. According to this, the registered person shall not be allowed to furnish the details of outward supplies of goods or services or both in Form GSTR-1 if it is already mentioned in Form GSTR-3B for the preceding two months.
Change in PF:
The government has made it mandatory for citizens to link their Aadhaar card with PF accounts starting September 1. If an individual fails…