International credit card usage to come under RBI’s LRS; 20% TCS to be charged July 1, 2023
Spending in foreign exchange through international credit cards will be covered under the RBI’s liberalised remittance scheme (LRS), under which […]
News
Income Tax, Press Release, Press Release
Income Tax Department conducts searches in West Bengal and Assam
Income Tax Department conducted search and seizure operations on a business group operating largely in North Bengal region of the
GST Recent News
GST probe into insurers widens, 10 more firms to get notices soon
The goods and services tax department has widened the probe against insurance companies for alleged wrongful availment of input tax
GST Recent News
Centre, state tax officers launch special drive to identify fake GST registration, curb evasion
With GST evasion crossing over Rs 1 lakh crore in 2022-23, Centre and state tax officers have initiated a two-month
GST Recent News
Key GST Group of Ministers (GoMs) likely to be reshuffled
The Goods and Services Tax Council will have to appoint a new chairperson for the key group of ministers (GoM)
CBIC, Notification And Circular, Notification and Circular
CBIC issued Circular on Amnesty scheme for one time settlement of default in export obligation by Advance and EPCG authorization holders
The CBIC has issued Circular No. 11/2023-Customs dated May 17, 2023 regarding the amnesty scheme for one time settlement of
GST Recent News
DPIIT seeks GST rate reduction for certain segments of leather sector
The Department for Promotion of Industry and Internal Trade (DPIIT) has sent proposals for reducing goods and services tax (GST)
GST Portal Updates, GST Portal Updates, Important News
Important Update: GSTN enabled the option to file GSTR-9 and GSTR-9C for FY 2022-23
Attention all businesses and tax professionals! The Goods and Services Tax Network (“GSTN”) has enabled the option to file Annual
Important News, Income Tax
Income Tax Dept. issued update on Aaykar Sampark Kendra
The Income Tax Department has issued an Update on Aaykar Sampark Kendra and its Helpline numbers 1800 180 1961 and
GST Law, Notification And Circular, Notification and Circular
Advisory on New functionality to view Aadhaar authentication status
The Office of the Principal Additional Director General of Systems & Data Management has issued Registration Advisory no. 23/2023 dated