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Archive: 29 July 2024

Posts in 29 July 2024

GST Registration Approval Time Averages 12.82 Days: Govt

July 29, 2024 3024 Views 0 comment Print

On 29th July 2024, the Ministry of Finance addressed the delay in GST registration for businesses in Lok Sabha Unstarred Question No. 1059. Minister of State Shri Pankaj Chaudhary provided details on the average approval times: 8.61 days for applications without clarifications and 17.69 days for those needing further information. The overall average approval time […]

Technical Glitches in Income Tax Portal: Reply in Lok Sabha

July 29, 2024 2682 Views 0 comment Print

Explore the Lok Sabha query on technical glitches in the IT portal and TRACES. Learn about processing delays, PAN-Aadhaar issues, and government responses.

Penalty for not maintaining Average Monthly Minimum Balance

July 29, 2024 8034 Views 0 comment Print

Details on penalties for not maintaining AMB in savings accounts, criteria for calculation, and government’s stance on rationalizing these charges.

Notification No. 40/2024-Customs – Amends UAE CEPA)

July 29, 2024 1410 Views 0 comment Print

Discover the latest changes in customs duty with Notification No. 40/2024-Customs. Effective from July 29, 2024, impacting various goods categories.

जीएसटी एक्ट 2017: प्रस्तावित नई धारा 128A

July 29, 2024 7761 Views 0 comment Print

जानें बजट 2024 में जीएसटी एक्ट 2017 के तहत प्रस्तावित धारा 128A के बारे में, जो धारा 73 के तहत जारी नोटिस और आदेशों के संबंध में करदाताओं को ब्याज और जुर्माने से राहत देती है।

Application of Curious case of Mineral Area Development Authority on GST disputes involving land

July 29, 2024 1884 Views 0 comment Print

Article explains how Supreme Court’s ruling on royalty as a non-tax impacts GST disputes related to land activities, including development and leasehold rights.

Disclosure of Interest by Director – Section 184 of Companies Act

July 29, 2024 7338 Views 0 comment Print

Article explains provisions of disclosure of interest by directors under Section 184 of Companies Act, 2013 with requirements, process and consequences of non-compliance.

17-Day Delay in CSR Fund Transfer Results in ₹1.06 Crore Penalty for Care Detergents

July 29, 2024 10497 Views 0 comment Print

Ministry of Corporate Affairs has penalized Care Detergents ₹1.06 crore for a 17-day delay in transferring unspent CSR funds to the PM CARES Fund.

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