Direct tax receipts will likely show a robust performance for the third year in a row post-pandemic, giving enough space to the Centre to keep the fiscal deficit within the targeted limit....
The Income Tax Department is likely to file an appeal in the Supreme Court (SC) against a Delhi High Court (HC) ruling which declared any IT...
As many as 71 show cause notices have been issued to online gaming companies for alleged GST evasion of over Rs 1.12 lakh crore during financial years 2022-23 and 2023-24,...
Pending taxpayer appeals over Central GST levies have risen by as much as 25% through the first seven months of this financial year, with almost...
On 5th December, The Indian Institue of Chartered Accountants(ICAI) issued an important technical guide GST reconciliation statement (Form GSTR 9C)....
The Central Board of Direct Taxes(CBDT) issued an order vide F. No.225/132/2023/ITA-II dated 1st of December, 2023 regarding processing of income tax returns validly filed...
The Directorate General of Foreign Trade (DGFT) released Trade Notice No. 35/2023-24 on December 5, 2023....
As per the latest update on the GST e-invoice 1 portal, at least 6 digit HSN (Harmonized System of Nomenclature) code is mandatory in e-invoices, for taxpayers with Aggregate ...
The government has listed 18 bills to be presented, including the first batch of supplementary grants and demand for excess grants during the upcoming winter session starting December 4, 2023....
Delhi government’s efforts to check the entry of fake firms in the GST network has started bearing fruits....
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