Lok Sabha passes Finance Bill, 2024
The Lok Sabha passed the Finance Bill, 2024 on February 07, 2024, marking the completion of the interim budget exercise […]
Important News, Union Budget 2024-25
Important News
Important News, Income Tax
Changes in Income Tax Return Forms: MSME Registration Number and Recognition Status Mandatory for Filing New ITR-5 & ITR-6 Effective April 1, 2024
Changes in Income Tax Return Forms: MSME Registration Number and Recognition Status Mandatory for Filing New ITR-5 & ITR-6 Effective
GST Law, GST Portal Updates, GST Portal Updates, Important News
Good News: GSTN Adds 4 New States for GST Payments Through Credit Cards/Debit Cards on the GST Portal
The GST Portal has recently issued an update, introducing the option to make GST payments through Credit Cards and Debit
GST Law, Important News
Explore the Enhanced GST e-Invoice System: Quick Actions, Resources, and Services at Your Fingertips
Introducing the enhanced Goods and Services Tax (GST) system by the Government of India, States, and Union Territories, featuring the
Important News, MSME
MSME much needed facility is Live considering new Section 43B(h) of IT Act; MSME Udyam Portal simplifies Registration Verification
The MSME Udyam Portal has introduced a valuable feature that allows users to verify the details of a specific Udyam
Important News, Income Tax
Income Tax Department Alerts: Higher TDS/TCS Rates for ‘Inoperative’ PAN Holders as per Section 206AA/206CC
The Income Tax Department has issued an attention notice to Tax Deductors/Collectors. “Deductees/Collectees with PAN status marked as ‘Inoperative’ will
Important News, India's economy
Finance Ministry releases “The Indian Economy: A Review – January 2024” instead of ‘Economic Survey 2023-24’ ahead of Interim Budget 2024-25
Finance Minister Nirmala Sitharaman will present the Interim Budget 2024-25 on February 1. Every year, a day before the presentation
CBIC, Important News
Bills of Entry (BE) Filing Temporarily Unavailable due to Interim Budget 2024-25
The Central Board of Indirect Taxes and Customs (CBIC) has issued an update regarding the filing of Bills of Entry
ICAI, Important News
ICAI releases Draft Bank Branch Auditors’ Panel (MEF) for the year 2023-24
The ICAI releases the Draft Bank Branch Auditors’ Panel (MEF) for the year 2023-24. We are pleased to inform that
GST Law, GST Portal Updates, GST Portal Updates, Important News
GSTN issued Advisory for furnishing bank account details by registered taxpayers under Rule 10A of the CGST Rules, 2017
The GSTN has issued an Advisory No. 623 dated January 22, 2024 for furnishing bank account details by registered taxpayers