Budget 2022: Indian startups seek friendly policies, tax incentives
To further aid small businesses and empower entrepreneurs, the Union Budget 2022-23 should introduce additional startup-friendly policies and tax relaxations […]
GST Recent News
Newsletter
Weekly GST Communique dated January 24, 2022
In this Volume, we bring to you highlights of recent updates and important judgments of last week in the field
Important News
IT Department issued FAQs w.r.t. Statutory Forms & related Services
The Income Tax Department issued Frequently Asked Questions (“FAQs”) dated January 23, 2022 regarding Statutory Forms & related Services. Tax
Important News
IT Department issued process flow for filing Audit Forms in new e-filing 2.0 portal
Income Tax Department issued Process Flow steps dated January 23, 2022 regarding availability of Audit Reports for filing Audit Forms
Notification And Circular, Notification and Circular
Extended the date of e-filing of Non-Preferential CoO to March 31, 2022
The DGFT issued Trade Notice No. 32/2021-22 dated January 24, 2021 for the extension of date for mandatory electronic filing of
GST Recent News
Include outbound tours under LTC scheme, provide GST and TCS concession: OTOAI writes to Finance Minister
The Outbound Tour Operators Association of India (OTOAI) has written to the Union Finance Minister Nirmala Sitharaman, ahead of Budget
Important Pronouncements
No tax evasion can be presumed on mere non-extension of validity of e-way bill due to traffic blockage and agitation
The Hon’ble Supreme Court of India in Assistant Commissioner ST & Ors. v. Satyam Shivam Papers Pvt. Ltd. [Special Leave
News
India no longer signs FTAs just to be part of a group: Piyush Goyal
India is no longer signing free trade agreements (FTAs) just to join a group and instead it is looking at
Press Release, Press Release
CGST Bhiwandi Commissionerate arrests businessman for running fake ITC network
The officers of Bhiwandi Commissionerate of CGST Mumbai Zone have arrested a businessman was running a Fake GST Input Tax
GST Recent News
Union Budget: J&K MSMEs seek exemption from income tax and GST
Union Finance Minister Nirmala Sitharaman will present the Union Budget 2022 on February 1, at a time when India’s economy