India allows the export of 2,00,000 MTs of Non-Basmati White Rice to Malaysia through National Cooperative Exports Limited under new DGFT notification.
आयकर विभाग ने कैश लेन-देन पर कड़ी नजर रखने का निर्णय लिया है, और अपने केंद्रीय एक्शन प्लान 2024-25 में इसे प्रमुखता दी है। पिछले वर्ष 2023-24 में, विभाग ने 1,100 छापों में 2,500 करोड़ रुपए की संपत्ति जब्त की, जिसमें 1,700 करोड़ रुपए कैश था। इस साल, आयकर विभाग ने 24.50 करोड़ रुपए की […]
SEBI issues guidelines for Venture Capital Funds to migrate to Alternative Investment Fund Regulations, detailing conditions, procedures, and timelines.
Reverse Charge Mechanism (RCM) in GST is a system where the recipient of goods or services is liable to pay the tax instead of the supplier. A supplier cannot take the GST paid under the RCM as ITC. The recipient can avail of ITC on GST amount paid under RCM on receipt of goods or services, […]
India and Mauritius have amended the DTAA, adding a principal purpose test (PPT) rule to close tax loopholes and align with global norms. Explore its impact on FPI and FDI.
Understand the tax implications of Raksha Bandhan gifts. Learn about exemptions for gifts from relatives and the tax rules for gifts from non-relatives.
The Calcutta High Court orders restoration of GST registration for Abdul Nayim Chowdhury after compliance with tax conditions.
NFRA penalizes BSR & Associates LLP ₹10 crores for audit lapses in Coffee Day Enterprises audit. Partners face fines and debarment.
Calcutta HC rules extended period under CGST Act requires clear allegations of willful misstatements. Writ petition dismissed; statutory remedy remains.
Calcutta HC orders fresh adjudication in Swadhin Bose vs. CGST case due to improper consideration of the appellant’s response and ill-health impact.