Timely payment to MSMEs rule to be enforced from April 1: Finmin officials
The government will implement a rule in FY25 requiring payments to micro, small and medium enterprises (MSMEs) to be made within 45 […]
News
GST Recent News
RMG companies evolve new strategy to reduce 28% GST impact
Online gaming companies, specializing in platforms like poker, rummy, and fantasy sports, are implementing strategies amidst the evolving landscape of taxation.
DGFT, Notification And Circular, Notification and Circular
DGFT notifies Export of Onions (under HS code 0703 10 19) to Bhutan, Bahrain and Mauritius through NCEL
The DGFT issued Notification No. 67/2023 dated March 06, 2024 notified the Export of onions (under HS code 0703 10
GST Recent News
Real Estate Firms Appeal to Finance Ministry Over GST Notices on Royalty and Guarantees
Real estate firms have reached out to the finance ministry for help after being notified by GST authorities that 27
GST Law, Press Release, Press Release
Finance Head of a firm arrested for GST evasion to the tune of Rs 88 crore
CGST Mumbai Zone, CGST Navi Mumbai Commissionerate arrested on March 01, 2024, the Head – Finance of a firm for
GST Recent News, Important News
Key Highlights of the Delhi Budget 2024-25
Delhi Finance Minister Atishi presented the ₹76,000 crore ‘Ram Rajya’ budget for 2024-25, focusing on education (₹16,396 crore) and health
CBDT Notification, Income Tax, Notification and Circular, Notification And Circular
Deadline Extension for Trusts/Institutions to Correct Audit Report Submissions for Tax Exemption
The CBDT issued Circular No. 02/2024 dated March 05, 2024, allowing trusts/institutions that submitted incorrect audit report forms for A.Y.
GST Law, Notification And Circular, Notification and Circular
Rajasthan GST Dept. issued a detailed procedure for Amnesty Scheme-2024
The Rajasthan GST Department issued a Notification vide F.16(752)/VAT/TAX/CCT/2023-24/944 dated February 29, 2024, notifying the procedure for Amnesty Scheme-2024 for
GST Recent News
Ludhiana Police Busts Gang for GST Fraud Using Fake Firm and Identity Theft
The Ludhiana police claimed to have busted a gang that had obtained GST refunds by creating a fake firm in
GST Law, Important Pronouncements
Credit should not be denied when ITC not reflected in GSTR -3B is claimable based on GSTR-2A and GSTR-9
The Hon’ble Madras High Court in the case of Sri Shamunga Hardwares Electricals v. State Tax Officer [Writ Petition No.