BIG NEWS: 45-day payment rule to MSMEs: Finance Ministry looking at a possible tweak
The finance ministry is looking into a proposal to tweak the new income tax rule under which business enterprises will […]
Income Tax, News
GST Recent News
Fraudsters use handpumps to evade GST
A scam has been unearthed in Uttar Pradesh with fraudsters using hand pumps for claiming fake refunds using Inverted Duty
GST Recent News
Allahabad HC refuses to recognise those paying GST, Income Tax as ‘slum dwellers’
The Lucknow bench of the Allahabad High Court on Tuesday said that those owning multi-storey constructions, commercial properties and business
GST Law, GST Portal Updates, GST Portal Updates, Important News
GSTN Advisory on Delays in GST Registration: Rules 8 and 9 of the CGST Rules Ensures Processing within 30 Days After Aadhaar Verification
The GSTN issued Advisory No. 625 dated February 28, 2024 regarding the Instances of Delay in registration reported by some
GST Recent News
CBI recovered Rs 10,000; CGST superintendent arrested for accepting bribe
The Central Bureau of Investigation (CBI) recovered Rs 10,000 from the complainant. Superintendent of Central Goods and Services Tax (CGST),
Press Release, Press Release
PFRDA notifies amendments to Retirement Adviser (RA) regulations for Good Governance and ease of compliance
The Pension Fund Regulatory and Development Authority (PFRDA) has notified the Retirement Adviser (RA) (Amendment) Regulations, 2023 on February 20,
GST Recent News
Noida police arrest prime suspect in ₹10,000 crore GST fraud
A 29-year-old man was arrested on Monday for his alleged involvement in ₹10,000-crore GST (goods and services tax) fraud that involved
GST Law, Important Pronouncements
Typographical or clerical error in e-way bill is not a ground for imposition of penalty
The Hon’ble Allahabad High Court in the case of Hawkins Cookers Ltd. v. State of UP [Writ Tax No. 739
Income Tax, News
Designated Courts at Ahmedabad and Madurai sentence five accused including then Income Tax officer to three years rigorous imprisonment with fine
The Designated Courts at Ahmedabad and Madurai have today sentenced five accused including then Income Tax Officer (ITO), then Inspector
GST Recent News
Centre owes Telangana ₹4,000 crore in GST compensation dues: Officials tell CM Revanth Reddy
In a review meeting chaired by Telangana Chief Minister Revanth Reddy, officials pointed to pending dues from Union government as