06 Apr Income Tax Department enabled the Form 10IE for AY 2024-25 for filing on the income tax e-filing portal
The Income Tax Department has enabled Form 10IE for AY 2024-25 for filing on the income tax e-filing portal....
Government Policies Tag
06 Apr Delhi GST Department: Biweekly Registration Slots & Clarifications for CAs/Advocates
The Delhi GST Department recently issued Public Notice No. F. Circular/CRC/DT&T/2024/249-255 on April 04, 2024, addressing the process of GST new registrations....
04 Apr Audit wing of SGST Authority shall keep all proceedings in abeyance if the subject matter is pending before the CGST Authority
The Audit division of the State Goods and Services Tax (SGST) Authority is mandated to suspend all actions if a matter is pending before the Central Goods and Services Tax (CGST) Authority...
30 Mar Revenue Department is not empowered to seize Cash under GST
The Delhi High Court, in the matter of Jagdish Bansal v. Union of India [W.P. (C) No. 16677 of 2023 dated February 26, 2024], granted relief to the petitioner by allowing the writ petition...
29 Mar CBIC Declares March 29-31, 2024 as Working Days for All Customs Field Formations
The Central Board of Indirect Taxes and Customs (CBIC) has announced that March 29th, 30th, and 31st, 2024 will be considered as working days for all Customs field formations....
16 Mar Interim Budget Updates to Goods and Services Tax
The announcement of GST Amendments in the Interim Budget brings forth significant changes in the taxation landscape, marking a pivotal moment for both businesses and individuals....
14 Mar Proposed Amendments to MSME Development Act to Facilitate Prompt Payments to Small Businesses
The government is considering revisions to the MSME Development Act, 2006, to ensure timely payments to micro, small, and medium enterprises (MSMEs)....
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...
05 Mar FM Sitharaman urges GST officials to provide clarity on classification-related issues
Finance Minister Nirmala Sitharaman has called upon goods and services tax (GST) officials to address classification-related concerns promptly. Speaking at the National Conference of Enforcement Chiefs of the State and Central GST Formations, Sitharaman emphasized the importance of engaging with stakeholders to understand their issues,...
02 Mar Government Procurement: An Overview of GeM
In the realm of business, particularly for Micro, Small, and Medium Enterprises (MSMEs), manufacturers, and service providers, accessing government procurement contracts often appears as a secure avenue compared to navigating the uncertainties of the open market....