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CBIC Appoints Authority for Customs Show Cause Adjudication

September 4, 2024 240 Views 0 comment Print

CBIC appoints officials to adjudicate Show Cause Notices under Customs Act, 1962, involving Zenlayer Inc. and others across multiple cities in India.

CBIC Delays Automation Rollout for EOUs to Sept 17 2024

September 4, 2024 528 Views 0 comment Print

CBIC extends the automation implementation for EOUs under Customs Rules 2022 to September 17, 2024, due to initial difficulties reported.

Amendment in Import Policy condition for Raw Pet Coke & Calcined Pet Coke

September 4, 2024 369 Views 0 comment Print

DGFT revises import policy for Raw and Calcined Pet Coke to include various industries, effective September 4, 2024, expanding usage beyond aluminium sector.

DGFT Notifies Export of 8606 Metric Tonnes of Raw Cane Sugar to USA Under TRQ Scheme

September 3, 2024 300 Views 0 comment Print

DGFT allocates 8606 MTRV of raw cane sugar to USA under TRQ for FY 2025. APEDA to oversee quota with existing certification and reporting requirements.

Odisha Forest Dept Granted 12-Month Extension for Export of Red Sanders Logs

September 3, 2024 240 Views 0 comment Print

DGFT extends the deadline for exporting Red Sanders wood by 12 months for the Odisha Government, maintaining all other existing provisions.

Special Tax Rates for Capital Gains/Incomes arising out of certain securities

September 3, 2024 1047 Views 0 comment Print

Understand the special tax rates for capital gains on various securities, including eligible assessees, tax rates, and deductions under Indian tax laws.

Income Tax Rates for Financial Year 2023-24 and 2024-25

September 3, 2024 8388 Views 0 comment Print

Learn about the applicable tax rates for different taxpayer categories, including individuals, HUFs, and companies. Detailed insights on surcharges and the new tax regime.

New Invoice Management System (IMS) on GST Portal from Oct 2024

September 3, 2024 15462 Views 0 comment Print

GST introduces Invoice Management System (IMS) from October 2024, enabling taxpayers to manage and rectify invoices for accurate Input Tax Credit (ITC).

FAQ e-Dispute Resolution Committee and Form 34BC

September 3, 2024 4641 Views 0 comment Print

Understand the e-Dispute Resolution Committee (e-DRC), who can approach it, and how to file Form 34BC under the Income-tax Act, 1961.

ICAI President’s Message – September 2024

September 3, 2024 423 Views 0 comment Print

ICAI emphasizes sustainable finance and robust reporting standards to drive global climate action, highlighting the accounting profession’s pivotal role.

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