03 Dec Government Reduces Windfall Tax on Crude Petroleum to ₹5,000 per Tonne, Leading to a Decrease in Jet Fuel Prices
The government on December 1 has lowered the windfall tax on crude petroleum to Rs. 5,000 per tonne from Rs 6,300 a tonne....
Author: editor
03 Dec Important Update: GSTN issued advisory on two factor authentication for taxpayers to enhance login security in GST Portal
GSTN issued an advisory no. 618 Dated 1st December, 2023 regarding implementation of two factor authentication for taxpayers to ...
29 Nov Industry renews its demand for overhaul of taxes on capital gains
With the interim Budget to be presented in February, industry bodies and tax experts are learnt to have approached the government for a thorough review of the capital gains tax structure....
29 Nov Govt looking at simplified GST processes for e-commerce, travel industries to ease compliance
The central government is working on a simplified Goods and Services Tax (GST) regime for services industries, including e-commerce and travel,...
29 Nov Finance Minister Sitharaman Reassures Global Firms Of Certainty in GST Regime
Finance Minister Nirmala Sitharaman assured on Monday that the GST regime is transitioning from ambiguity to clarity on...
29 Nov AAR under GST plagued by conflicting rulings, quality of orders
The Goods and Services Tax (GST) established the Authority for Advance Ruling (AAR) mechanism to offer tax clarity to...
28 Nov Ministry of Finance intents to roll out pre-filled GST return form ahead of next fiscal year
The ministry of finance is aiming to roll out pre-filled goods and services tax (GST) return forms before the next fiscal year, which is...
28 Nov CBIC issues instruction regarding Serving of notice in FORM GST DRC-01 and uploading of DRC-07 electronically on the portal by the proper officer
The Central Board of Indirect Tax and Customs has issued instruction no. 04/2023-GST dated 23rd November, 2023 relating to Serving of...
27 Nov GST collection — why the last lap of this financial year is critical
Revenue from the Goods & Services Tax (GST) continues to be on a roll. The revenue collection for October 2023 at...
27 Nov CBIC appoints specific officer for adjudication of Customs Show Cause Notice
The Central Board of Indirect Tax and Customs (CBIC) notified appointment of a specific officer mentioned in...