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GST council likely to consider decriminalisation of GST law in 17th Dec Meet
Posted in GST on 06 December 2022
The GST Council in its next meeting is likely to discuss the decriminalisation of offences under GST law, along with raising the threshold of launching prosecut..
FM Nirmala Sitharaman inaugurates DRI's 65th Founding Day Celebrations
Posted in Others on 06 December 2022
The Directorate of Revenue Intelligence (DRI), the apex anti-smuggling intelligence and investigation agency functioning under the aegis of the Central Board of..
ICAI releases Handbook on Annual Return under GST
Posted in GST on 05 December 2022
Handbook on Annual Return under GST..
Amendments related to CCI, IBC and Companies Act likely to be discussed in Budget 2023 session
Posted in Union Budget on 05 December 2022
During the Budget 2023-24 presentation, there will likely be discussions on three major amendments in the parliament. ..
3 booked in Ludhiana for attempt to use fake documents for GST registration
Posted in GST on 05 December 2022
Sumandeep Kaur, assistant commissioner, Ludhiana Zone 4, who filed the complaint, stated that the GST department had received three online registration applicat..
IT Department issues updated list of banks for tax payments
Posted in Income Tax on 03 December 2022
List of banks for tax payments available at e-Pay Tax service at e-Filing Portal and OLTAS ePayment of Taxes at Protean (previously NSDL)..
Computation of ITC updated by GSTN based on returns filed by suppliers upto 30th Nov 2022
Posted in GST on 02 December 2022
GSTN has updated the below instructions on GST Portal Annual return in Form GSTR-9 once filed cannot be revised. Computation of ITC has been made based on GSTR-..
IT department moves to resolve tax refund issues quickly
Posted in Income Tax on 02 December 2022
The income-tax department has issued instructions to ensure taxpayer grievances about adjustment of tax dues against pending refunds are resolved quickly to che..
GST revenue collections jumped 11% at Rs. 1.46 lakh crore in Nov 2022
Posted in GST on 02 December 2022
Rs. 1,45,867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-Year..
ICAI President: National Call Sahayata to act as one point of contact for members & students of the Institute
Posted in Professional Resource on 01 December 2022
In order to provide prompt services to the expanding base of members and students, the ICAI is in the process of development of a National Call Sahayata service..