New notification mandates Aadhaar for benefits under the Prime Minister’s Internship Scheme, ensuring transparency and efficient service delivery.
The Ministry of Finance updates CGST Rules through Notification No. 20/2024, effective November 1, 2024, streamlining tax compliance procedures.
Find out whether the Income Tax Recovery Officer can attach a taxpayer’s overdraft or cash credit account for outstanding tax demands under Section 226(3) of the IT Act.
Explore challenges of digital taxation and how technology, like blockchain and AI, is transforming tax compliance. Learn about global efforts and India’s Equalization Levy.
Supreme Court reviews the Kakadia Builders case, addressing Settlement Commission’s authority to waive interest under Sections 234A, 234B, and 234C of the Income Tax Act.
Explore why India’s high direct tax rates yield low revenue. Factors include tax evasion, narrow tax base, complex laws, and administrative inefficiencies.
Notification No. 23/2024 waives late fees for GSTR-7 returns filed late from June 2021 onward, effective November 1, 2024.
The Ministry of Finance outlines a new procedure for rectifying GST orders related to wrong input tax credit claims in Notification No. 22/2024.
The Ministry of Finance issues GST Notification No. 21/2024, detailing payment deadlines for registered persons to waive interest or penalties.
The Ministry of Finance amends Union Territory tax rates for helicopter passenger transport, effective October 10, 2024, clarifying service conditions.
