12 Mar GSTN Issues Important Advisory on GSTR-1/IFF: Introduction of New Tables 14A and 15A
An advisory, Advisory No. 627 dated March 12, 2024, has been issued by the GSTN regarding the introduction of new Tables 14A and 15A in GSTR-1/IFF....
March 2024
12 Mar SEBI amends REITs Regulations, 2014; introduces a new chapter on ‘Small and Medium REITs’
SEBI has notified SEBI (Real Estate Investment Trusts) (Amendment) Regulations, 2024....
12 Mar SEBI notifies Index Providers Regulations, 2024 to enhance transparency and accountability in Index Governance
SEBI has notified SEBI (Index Providers) Regulations, 2024. These regulations aim to provide a regulatory framework for Index Providers in the securities market to foster transparency and accountability in the governance and administration of Indices. ...
12 Mar Income Tax Exemption Announced for Specific Trusts and Institutions Under Conditions
The Income Tax Department recently released guidelines on March 8, 2024, specifying conditions under which certain trusts, institutions, universities, educational entities, hospitals, or medical institutions can be exempted from income tax....
12 Mar CBDT Releases Guidelines for Expedited Appeal Disposal
The Central Board of Direct Taxes (CBDT) has issued guidelines, dated March 07, 2024, under F.No.279/Misc/M-102/2021-ITJ, aimed at expediting the handling of appeals by Commissioners of Income Tax (Appeals/Assessment Unit) or Additional/Joint CIT(A)....
09 Mar Update on Option to File ITR-U Under Section 139(8A) of IT Act
The Income Tax Department has released a recent update, dated March 7, 2024, regarding the provision to submit an Updated Income Tax Return (ITR) under section 139(8A) of the Income Tax Act, 1961....
09 Mar Notification: Tax Deduction Exemption for IFSC Units under IT Act; Effective April 2024
The Central Board of Direct Taxes (CBDT) has issued Notification No. 28/2024 dated March 07, 2024, announcing the exemption of Units within the International Financial Services Centre (IFSC) from tax deductions under various sections of the Income-tax Act, 1961....
08 Mar Scheduled Maintenance Downtime for e-Way Bill and e-Invoice Systems: March 8th-9th, 2024
The e-Way Bill and e-Invoice systems are scheduled for urgent maintenance, resulting in downtime on Friday, March 8th, 2024, from 11:30 PM to 00:30 AM. Users are advised to plan their activities accordingly during this period. We apologize for any inconvenience caused and appreciate your...
07 Mar The ReCap – February, 2024
Posted at 18:20h
in Corporate & Allied Laws, Direct Tax, Doing Business in India, GST, News, StartUp, Subsidy & Schemes, The ReCap - Monthly News Letter
0 Comments
Stay updated with our monthly newsletter The ReCap! Get updates on latest tax regulations, changes in tax laws and expert insights to navigate the complex world of taxation. Simplify your tax planning and ensure compliance. Click on the icon below to access the complete newsletter....
07 Mar Timely Payment Rule for MSMEs to Begin from April 1: Finance Ministry Officials
Starting from the fiscal year 2025, the government will introduce a regulation mandating that payments to micro, small, and medium enterprises (MSMEs) must be settled within a 45-day period. Failure to comply will result in companies facing taxation on the outstanding amount, as revealed by...