Explore the latest Customs Notification No. 10/2024 on exchange rates by the Central Board of Indirect Taxes and Customs. Analyze how it affects imports and exports for various foreign currencies.
Explore the Union Budget 2024 amendments to GST Law, making Input Service Distributor (ISD) mandatory. Key changes in Section 2(61) & 20 of CGST Act explained.
Explore the new Standard Operating Procedure (SOP) for CBDT transfers at the level of US and above. Learn the process, guidelines, and how officers can apply. Stay informed!
Explore the metamorphosis of India tax landscape through digitalization and artificial intelligence. Uncover the impact, ongoing efforts, and future advancements shaping tax administration and compliance
Explore the legal precedence set by the Hon’ble High Court in Vivek Narsaria vs State of Jharkhand regarding the priority of proceedings in parallel GST investigations.
Explore the comprehensive breakdown of Union Budget 2024-25 as presented by Finance Minister Nirmala Sitharaman. Dive into key changes, policies, and impactful initiatives shaping India’s economic landscape
The Finance Bill, 2024, also known as Bill No. 14 of 2024, is a legislative proposal introduced in the Lok Sabha, the lower house of the Parliament of India. The bill was introduced on the 1st of February, 2024. The Finance Bill is a crucial part of the Union Budget, as it lays out the government’s proposed financial […]
Discover how IBM Global Financing India’s non-appointment of a Company Secretary led to a hefty penalty by MCA, which was later reduced from ₹29.94 lakh to ₹4.49 lakh after appeal.
In a significant decision, the MCA reduced the penalty for Shrushti Contech Pvt Ltd’s non-appointment of a Company Secretary from ₹25 lakh to ₹3.75 lakh. Discover the details.
Delhi High Court held that accused, involved in fraudulently obtaining Input Tax Credit worth Rs. 200 Crores, are not entitled to be admitted on anticipatory bail as they have duped the government exchequer and the taxpayers of a huge amount of money.