MCA struck off 29,059 non-compliant cos in FY21 and FY22
The Corporate Affairs Ministry (MCA) had struck off as many as 29,059 non-compliant companies in FY21 and FY22, Lok Sabha […]
MCA, News
GST Recent News
Bizmen urge Centre not to frequently change GST norms
Ahead of a recent update in the norms related to goods and services tax (GST), the city’s businessmen are now
GST Recent News
No service tax on corporate guarantees by parent companies to its subsidiaries: Supreme Court
The Supreme Court has ruled that no service tax would be levied on corporate guarantees provided by a parent company
Income Tax, Press Release, Press Release
Direct Tax collections for FY 2022-23 exceed the Union Budget Estimates by Rs 2.41 lakh crore i.e. by 16.97%
The provisional figures of Direct Tax collections for the Financial Year (FY) 2022-23 show that Net collections are at Rs. 16.61 lakh crore,
Central Excise - 2023, News
Govt removes windfall tax on crude oil production, slashes it on diesel
The government has cut windfall tax on crude oil production to nil from 3,500 rupees ($42.56) per tonne effective from
GST Recent News
Imports stuck at ports due to payment glitches
Import consignments are stuck at ports and terminals across the country, impacting several sectors since April 1, due to glitches
GST Portal Updates, GST Portal Updates, Important News
GSTN enabled Late fees reduction for pending Annual Return (GSTR-9/9C) and Final Return (GSTR-10) on GST Portal
The Goods and Services Tax Network (“GSTN”) has enabled the Late fees reduction for pending Final Return (GSTR-10) and Annual
Newsletter
Weekly GST Communique dated April 03, 2023
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
Important News, Income Tax
Updated List of banks for tax payments available at e-Pay Tax service at e-Filing Portal and OLTAS e-Payment of Taxes
The Income Tax Department has issued an updated List of Banks dated April 01, 2023 for tax payments available at
DGFT, Notification And Circular, Notification and Circular
Amnesty scheme for one time settlement of default in export obligation by Advance and EPCG authorization holders
The DGFT has issued Public Notice No. 2/2023 dated April 01, 2023 regarding the amnesty scheme for one time settlement