GST on educational services includes exemptions for institutions and books, but coaching services attract 18% GST. Learn about GST collections and exemptions.
Government clarifies no policy for writing off loans of willful defaulters. Banks handle write-offs as per RBI guidelines, retaining recovery efforts.
The Government amended FEMA regulations, enabling resolution of violations up to ₹5 crore by paying fines. Ongoing cases follow previous rules.
Learn about UPI transaction trends, fraud prevention measures, and India’s plans to integrate UPI with global payment systems for ease of transactions.
RBI amends FEMA regulations to define startups under the Foreign Currency Account framework, aligned with DPIIT’s notification on startup recognition.
ICAI introduces CA GPT platform, featuring 5,000 annual reports of listed companies for easy access and analysis by Chartered Accountants.
Notification under section 10(46) of the Income Tax Act, 1961 for National Aviation Security Fee Trust, covering specific income exemptions.
Notification on income tax exemption for Haryana’s District Legal Service Authorities under Section 10(46) for specified incomes and conditions from FY 2023-2024.
ITAT Lucknow quashes penalty u/s 271B for failure to file audit report, stating incorrect grounds for penalty initiation.
