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
Delhi to make tax admin faceless, Rs 41k cr GST, VAT collections estimated
The Delhi government will strengthen its Goods and Services Tax administration, making it faceless to boost revenue, Finance Minister Atishi
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
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
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
Goa GST Dept. issued Instructions on the Goa (Recovery of Arrears of Tax, Interest, Penalty, Other Dues through Settlement) Act, 2023
The Goa GST Department issued Trade Circular vide GVAT No. 6 of 2023-24 dated February 29, 2024 regarding the Goa
News
Two Ex-Income Tax Officers Sentenced to Three Years for Bribery in Corruption Case
A CBI court recently sentenced two ex-income tax officials, Mahesh Sompura and Mukesh Raval, to three years in prison each
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
Important News, Income Tax
Income Tax Department enabled the Online Filing of Form I SWF
The Income Tax Department issued an Update on March 04, 2024, stating that online filing for Form I SWF has