New 3 years GST Returns Rule Enforces : GST Portal starts locking returns
The Goods and Services Tax Network (GSTN) has issued an important advisory regarding the Finance Act, 2023, introducing a three-year …
CBDT Extends Due Date for Filing Income Tax Return for AY 2024-25: Circular No. 13/2024
The Central Board of Direct Taxes (CBDT) has issued Circular No. 13/2024, extending the due date for furnishing the Income …
Steps to add Bank Details on GST Portal : GST Portal New Advisory to validate bank account details
After GST Registration and getting GST number taxpayers have to add mandatory Bank account details on GST portal for which …
GST Portal update on Registration for TDS deductors under GST of Metal Scrap Dealers
Dear Taxpayer, GSTN has introduced an update to facilitate the registration compliance for buyers of metal scrap through form GST …
Major GST Amendments effective from 1 November 2024
Major GST Amendments are notified by Notification No. 17/2024 effective from 1st November 2024 which were announced in 53rd GST …
GST rates to be cut on 20 litre water bottles and bicycles to 5%, raised for luxury shoes, watches, and beauty products
The Group of Ministers (GoM) for GST rate rationalisation has decided to lower the tax rates on 20-litre packaged drinking …
New relief for income taxpayers: CBDT allows other person to claim TCS credit for tax paid on expenses like foreign travel, study abroad – ETCFO
The income tax laws have been revised by the Central Board of Direct Taxes (CBDT) to allow a different person …
Savings account interest rates: Check what SBI, HDFC, ICICI, PNB, Union Bank, and IDFC FIRST offers, maximum is 7.25%
With Kotak Mahindra Bank reducing interest rates by 50 basis points on savings accounts with lesser than ₹5 lakh, te …
Invoice Management System (IMS) Now Live: Additional FAQs for Seamless ITC Claims by GST Portal
Date: October 17, 2024 Dear Taxpayers, The Invoice Management System (IMS) is now live and available to assist you in …
CBDT Simplifies TDS/TCS Credit Claims for Salaried Employees and Minors: Notification No. 114/2024
Date: October 16, 2024 In a move aimed at simplifying the process of claiming credit for Tax Collected at Source …
