Madras High Court issues interim orders in A. Venkatachalam vs Assistant Commissioner case on GST levy on royalty, awaiting decision by Supreme Court’s Constitution Bench.
MCA issues the Companies (Ind AS) Third Amendment Rules, 2024. New provisions for insurers on financial reporting using Ind AS 104 until Ind AS 117 is notified.
ICAI calls for suggestions on simplifying the Income-tax Act, mitigating litigation, and reducing compliance burdens. Submit inputs by 15th October 2024.
ICAI establishes a group to improve work-life balance and stress management for Chartered Accountants through workshops, wellness programs, and peer support networks.
The Government extends the RoDTEP scheme for DTA and SEZ exports, with revised rates effective from October 10, 2024. Full details are provided in the notification.
CBIC introduces a digital module for Customs Bonded Warehouses to facilitate online licensing, transfers, and monthly returns.
