SBI removes ‘fraud’ tag from Religare Finvest
Mumbai: The State Bank of India (SBI) has formally removed the ‘fraud’ tag from Religare Finvest Ltd (RFL), following a …
Tax updates 2024
Mandatory linking of e-invoice with e-way bill to cause disruption: Experts
An e-way bill is a document required for the movement of goods, and it includes details such as the name …
29,273 bogus firms evaded ₹44,015 cr tax since May: Govt
New Delhi: Haryana tops the list of fake firms per lakh among entities registered with the Goods and Services Tax …
CBIC notifies 5% GST on LPG (Non-Automotive) as per Standard IS 4576, effective from January 4, 2024
On January 3, 2024, the Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 01/2024-Central Tax (Rate) to …
October 2023 Compliance Calendar – GST & Income Tax
In the world of taxation, adhering to compliance deadlines is akin to the heartbeat of financial responsibility. Understanding and meeting …
Gross GST collection rises 10% to over Rs 1.62 trillion in September
Gross GST collection rose 10 per cent to over Rs 1.62 trillion in September, crossing the Rs 1.6 lakh crore …
It’s final GST on Online Gaming from 1 October 2023 – Act Amended
As per announcement made in 50th GST council meeting Government Taxed Online Gaming under GST, for which act and rule …
RBI Extends the Date to Deposit ₹2000 Notes – Relief to non depositers
The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 banknotes from circulation vide Press Release 2023-2024/257 dated May …
Procedure, format and standards for deduction of Income-tax at any lower rate or no deduction u/s section 197(1) -through TRACES
Notification No.02/2023 (F. No. CPC(TDS)/ 197 Certificate/Annex-11/2023-24) Dated 27th September 2023 Online filing of applications in Form 13 with Annexure-II …
Govt increases windfall tax on petroleum crude, cuts levy on diesel, ATF
The Indian government increased windfall tax on petroleum crude, while reduced it on aviation turbine fuel and diesel, according to …
