RBI directs all banks to keep branches open till March 31 for annual closing
With the annual closing of accounts just 10 days away and the financial year 2022–23 coming to a close, the […]
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GST Law, Important News
Finance Bill will be discussed in Lok Sabha on March 24, 2023
The Lok Sabha is scheduled to take up the Finance Bill on Friday, March 24, 2023 a list of business
DGFT, Notification And Circular, Notification and Circular
Export of Biofuel from SEZ/ EoUs are allowed for Fuel as well as Non-Fuel purposes without any restriction when produced using only imported feed stock
The DGFT vide Notification No. 62/2015-2020 dated March 22, 2023 the Export of Biofuel from Special Economic Zones (“SEZ”)/ Export
DGFT, Notification And Circular, Notification and Circular
Import of Urea on Government account is allowed through Indian Potash Limited till March 31, 2024
The DGFT vide Notification No. 61/2015-2020 dated March 22, 2023 the Import of Urea (Agricultural grade) on the Government account
GST Recent News
Govt evaluating measures to bring down tax burden on PE/VCs in India
The government is evaluating measures to bring down the tax burden on foreign investors that put money in alternative investment
Notification And Circular, Notification and Circular, Service Tax 2023
Instructions on Payment of Service Tax by the Department of Posts and the Ministry of Railways by way of book adjustment
The CBIC has issued Instructions vide CBIC-240137/20/2022-Service Tax dated March 21, 2023 regarding the payment of Service Tax by the
GST Recent News
Tamil Nadu government to focus on four areas to boost revenue
Having set an ambitious target of around 10% growth in revenue receipts in the next financial year, the Tamil Nadu
GST Recent News
GST on Hotels/ Restaurants may be increased to 12% from 5% with ITC benefit: Sources
The hotel and restaurant industry could get a relief in GST soon as the Ministry of Finance is actively considering the proposal to provide
GST Recent News
Trade bodies upset over silence on GST advisory panel
Trade bodies have welcomed most of the announcements in the state budget but are disappointed that no announcement was made
GST Law, GST Portal Updates, GST Portal Updates, Important News
GSTN issued advisory for the taxpayer wishing to register as “One Person Company” under GST
The Goods and Services Tax Network (“GSTN”) has issued an Advisory dated March 21, 2023 for the taxpayer wishing to