Section 44AD – Presumptive Taxation for Businessmen with new changes from FY 2023-24 & AY 2024-25
Section 44AD of the Income Tax Act, 1961, provides a presumptive taxation scheme for certain eligible taxpayers engaged in businesses. …
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Summary of Important GST Notifications Dated 31 July 2023
Most Important GST Notifications are issued after 50th GST council Meeting to bring amendments in GST Act. Highlights of GST …
What is Permanent Account Number (PAN)
What is PAN? PAN is a ten-digit unique alphanumeric number issued by the Income Tax Department. PAN is issued in …
How GST Taxed on Casinos, Horse Race & Online Gaming
The 51st GST Council Meeting has put forth several recommendations regarding the taxation of supplies in casinos, horse racing, and …
E invoice update- Sub users can access e-Invoices generated by the main user
If you want to delegate your work of E invoice, than new options activated for Sub User Access for E …
28% GST on casinos, online gaming, racing to up revenue collection: FM
Finance Minister Nirmala Sitharaman Finance minister Nirmala Sitharaman on Tuesday said the 28 per cent GST on full face value …
BCCI paid Rs 1,159 cr income tax in 2021-22, 37% higher than last year
The BCCI is working on the revised schedule of the ODI World Cup along with the ICC The Board of …
GST impact: Mobile Premier League to slash 350 jobs
New Delhi: As one of the fallouts of the meek outlook following the decision of the GST Council to increase …
CAG asks FinMin to put in place online Customs refund system for efficiency
The Comptroller and Auditor General (CAG) has asked the Finance Ministry to consider having an online system for processing customs …
Cabinet clears changes to laws to levy 28% GST on online gaming, casinos
The Union Cabinet on Wednesday approved changes to GST laws to levy a 28 per cent tax on the full …
