DGGI recovers ₹2,500 crores GST dues not paid on expat salaries from MNCs
In a major success for the directorate general of GST intelligence (DGGI), government has managed to garner ₹2,500 crore of […]
GST Recent News
GST Recent News
Transfer of land development rights on a Joint Development Agreement for residential projects to attract GST, rules Telangana HC
In a major ruling, Telangana High Court has dismissed a writ petition by a realtor challenging GST levy on ‘transfer
export import, Notification And Circular, Notification and Circular
Govt. notified revised rates of Flexible Intermediate Bulk Containers (FIBC) under the RoSCTL Scheme
The Ministry of Textiles issued Notification F. No. 12014/01/2023-TTP dated February 09, 2024 extending the RoSCTL scheme to March 31,
Important News, Income Tax
PIB Fact Check: Fake Income Tax Notice Claiming Payment Requirement for Audited Balance Sheets
A recent tweet by PIB Fact Check addressed a fake notice purportedly issued in the name of @IncomeTaxIndia, claiming that
GST Recent News
Stop recovering GST on mining lease royalty: Madras HC
A division bench of the Madras High Court, consisting of Justices R Mahadevan and Mohammed Shaffiq, has restrained Tamil Nadu
Income Tax, News
Income Tax department alleges evasion by insurers, likely to send Rs 25,000 cr tax notices
The income tax department is likely to send out demand notices worth a total of Rs 25,000 crore, by March-end, to multiple
Income Tax, News
Income Tax Department serves notice to University of Madras seeking over ₹424 crore in arrears
The University of Madras has received a notice from the Income Tax (I-T) Department to pay over ₹424 crore as
ICAI, News
Supreme Court Upholds Rule Allowing Chartered Accountants’ Board to Refer Misconduct Matters to Disciplinary Committee
The Hon’ble Supreme Court of India on February 08, 2024 rejected a challenge to a rule within the Chartered Accountants
News
EPFO fixes 3-year high 8.25% interest rate on employees’ provident fund for 2023-24: Sources
The Employees’ Provident Fund Organisation (EPFO) has fixed an 8.25 percent interest rate on employees’ provident fund for 2023-24, sources
GST Law, Press Release, Press Release
Beware of Fake GST Summons: Verify and Report Suspicious Communications
The Directorate General of GST Intelligence (DGGI), Central Board of Indirect Taxes and Customs (CBIC) has recently noticed that some