CBIC appoints officials to adjudicate Show Cause Notices under Customs Act, 1962, involving Zenlayer Inc. and others across multiple cities in India.
CBIC extends the automation implementation for EOUs under Customs Rules 2022 to September 17, 2024, due to initial difficulties reported.
DGFT revises import policy for Raw and Calcined Pet Coke to include various industries, effective September 4, 2024, expanding usage beyond aluminium sector.
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.
DGFT extends the deadline for exporting Red Sanders wood by 12 months for the Odisha Government, maintaining all other existing provisions.
Understand the special tax rates for capital gains on various securities, including eligible assessees, tax rates, and deductions under Indian tax laws.
Learn about the applicable tax rates for different taxpayer categories, including individuals, HUFs, and companies. Detailed insights on surcharges and the new tax regime.
GST introduces Invoice Management System (IMS) from October 2024, enabling taxpayers to manage and rectify invoices for accurate Input Tax Credit (ITC).
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 emphasizes sustainable finance and robust reporting standards to drive global climate action, highlighting the accounting profession’s pivotal role.