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Archive: December, 2024

Posts in December, 2024

RBI: Households’ Inflation Expectations Survey – November, 2024

December 12, 2024 921 Views 0 comment Print

Explore RBI’s November 2024 Inflation Survey findings based on 6,091 responses from 19 cities, highlighting perceptions on price trends and inflation expectations.

TRAI releases Recommendations on Definition of International Traffic

December 11, 2024 873 Views 0 comment Print

TRAI issues recommendations on defining international and domestic traffic, including SMS. Key terms clarified for telecommunication licenses and authorizations.

GST/IGST Collection & Compensation for States

December 11, 2024 1935 Views 0 comment Print

Details on GST/IGST collection over five years and state-wise compensation released. Discussion on GST on health insurance also included.

No Corporate Tax Written Off by Government (FY 2019-20 to FY 2024-25)

December 11, 2024 1083 Views 0 comment Print

The government responds to queries on corporate tax, including notices, prosecutions, and collections over the past five years.

GST on Medical Devices And Diagnostics

December 11, 2024 3219 Views 0 comment Print

The Ministry of Finance discusses GST on medical devices, diagnostics, and healthcare services, including exemptions for clinical establishments.

Steps for De-Registering Inactive Companies

December 11, 2024 1368 Views 0 comment Print

The Government has eased de-registration of inactive companies in Telangana through C-PACE, allowing strike-off without filing overdue returns.

Bombay HC Strikes Down SVLDRS-3 due to technical glitch of Portal

December 11, 2024 810 Views 0 comment Print

Bombay HC allows petitioner to reapply for SVLDRS benefits after technical issues with portal, striking down SVLDRS-3 form due to communication failure.

TDS credit restricted in proportion of income returned to tax: ITAT Ahmedabad

December 11, 2024 1587 Views 0 comment Print

ITAT Ahmedabad uphold the CIT(A) order restricting TDS credit in proportion of income returned to tax. Accordingly, appeal of the assessee dismissed. TDS credit was restricted to the tune of TDS pertaining to the income returned to tax in the impugned year and the balance credit was accordingly disallowed.

GST Annual Return: What’s New And What To Watch Out For In FY 2023-24

December 11, 2024 14205 Views 0 comment Print

Learn how to avoid common GSTR-9 and GSTR-9C filing mistakes for FY 2023-24. Stay compliant and avoid penalties with expert tips and updates.

C-PACE Efficiency in Corporate Striking Off

December 11, 2024 1113 Views 0 comment Print

The Ministry of Corporate Affairs monitors C-PACE’s efficiency in processing corporate and LLP strike-offs, improving processing time and transparency.

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