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NCLAT Reinforces NFRA's Powers to Punish CAs for Past Audit Misconducts

Posted in Professional Resource on 04 December 2023
NCLAT Empowers NFRA to Retroactively Penalize Auditors: Landmark Ruling in DHFL Case..

Simplification of Principal Place of Business Norms Proposed for MSMEs under GST

Posted in GST on 04 December 2023
Government Proposes Simplification of GST Norms to Boost Small Businesses: Focus on MSME Empowerment..

Central Govt Slashes Rs 332 Crores from Kerala's GST Shares

Posted in GST on 04 December 2023
Central Government Slashes Rs 332 Crores from Kerala's GST Shares, Aggravating State's Economic Woes..

Changes to CGST Act among 18 bills lined up for winter session

Posted in GST on 04 December 2023
Government Unveils Ambitious Legislative Agenda for Winter Session, Including Key Reforms and Legal Overhauls..

SC Defers Gandhi Family's IT Assessment Case Hearing till 13th December

Posted in Income Tax on 02 December 2023
Supreme Court Defers Hearing on Gandhi Family and AAP's Income Tax Assessment Transfer Challenge..

GSTR-9 Table 8A ITC Computation Reflects Supplier Filings Until 30th Nov 2023

Posted in GST on 02 December 2023
GSTR-9 Annual Return Table 8A ITC Computation Updated with Supplier Filings Until November 30, 2023..

CBIC Urged to Clarify GST on NBFCs' Co-Lending Models

Posted in GST on 02 December 2023
FIDC, representing non-bank lenders, has formally requested the CBIC to provide explicit clarification regarding the GST treatment of excess interest retained b..

GST Collection in Nov 2023 Hits Rs 1,67,929 Lakh Crore, Records 15% YoY Growth

Posted in GST on 02 December 2023
GST Revenue collection for November 2023, at Rs 1,67,929 lakh crore records highest growth rate of 15% Y-o-Y..

GSTN introduces Two-factor Authentication for Taxpayers to strengthen login security in GST Portal

Posted in GST on 01 December 2023
GSTN is introducing two-factor authentication (2FA) for taxpayers to strengthen the login security in GST portal. The pilot rollout has been done for a state of..

Kerala GST Department Issued Order on Time Limits for Revoking GST Registration Cancellations

Posted in GST on 01 December 2023
The recent directive from the Kerala GST Department, specified as Order No. SGST/6199/2023-PLC1 on November 03, 2023, grants authority to Joint Commissioners of..