Partner’s Remuneration 194T Payment TDS Calculator for the FY 2024-25 AY 2025-26 in Excel Format Section 40(b) – From AY 2025-26, partnership firms see an increase in the limit for allowability of working partners’ remuneration. Now, on the first Rs 6 lakh of book profits, or in case of loss, a remuneration of Rs. 3 […]
In the recent times, GST Department by exercising the powers bestowed on them by way of Section 65 of the CGST Act 2017, has been raising the audit observations stating that GST shall be paid on the inter-company loans given amongst the related person under the GST.
On August 16, 2024, President Droupadi Murmu officially granted her assent to the Finance (No 2) Bill, 2024. With this move, the bill has now become law ie. Finance (No. 2) Act, 2024.
Government seeks suggestions on mandatory qualifiers in import/export declarations for synthetic diamonds to improve identification and assessment efficiency.
Easy Funds Finance Pvt Ltd and directors penalized for failing to file Annual Returns and Financial Statements. Total penalties amount to ₹2,49,100.
New amendments to Foreign Exchange Management Rules ease cross-border share swaps and foreign investments in Indian startups and ATMs.
Justice Talwant Singh appointed as Chairperson of the Appellate Authority for professional institutes under the Chartered Accountants, Cost and Works Accountants, and Company Secretaries Acts.
New Geographical Indications Inquiry and Appeal Rules 2024 simplify procedures for handling complaints and appeals under the GI Act.
Trade Marks (Holding Inquiry and Appeal) Rules 2024 now in effect. New procedures for complaints, inquiries, and appeals under the Trade Marks Act, 1999.
DGFT introduces eCoO 2.0 for Non-Preferential Certificates of Origin. New features include multi-user access, e-signature options, and an integrated dashboard.