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DGFT extended Deadline for Restricted Computer Imports in India

August 4, 2023 2226 Views 0 comment Print

Indian government extends the transition period for importing certain computer types without a license until October 31, 2023

Results of June 2023 CA Foundation Exam likely on 7th or 8th August 2023

August 3, 2023 15366 Views 5 comments Print

Results of Chartered Accountants Foundation Examination held in June 2023 are likely to be declared on late evening (9.00 p.m.) of Monday, the 7th August, 2023/early morning on Tuesday, the 8th August, 2023

Digital Personal Data Protection Bill, 2023

August 3, 2023 975 Views 0 comment Print

Lok Sabha introduced a revolutionary bill aimed at safeguarding digital personal data of individuals – Digital Personal Data Protection Act, 2023

Rising GST & Tax Evasion: An Insight into Efforts & Statistics

August 3, 2023 1824 Views 0 comment Print

In a rapidly digitising world, ensuring tax compliance has become a challenging task for governments worldwide, and India is no exception. In response to a recent Lok Sabha query, the Government of India has shared insightful details on how they’re battling the rising challenge of GST and tax evasion, painting an intriguing picture of their […]

Guide to E-Invoice Services Offered by New IRPs Under GST

August 2, 2023 1914 Views 0 comment Print

Introduction: The Indian Goods and Services Tax (GST) system has introduced e-Invoicing, a significant step towards enhancing ease of doing business. This article provides an overview of the services offered by the four new Invoice Registration Portals (IRPs): Cygnet-IRP, Clear-IRP, EY-IRP, and IRIS-IRP. Details: All four IRPs provide several services to facilitate e-Invoicing, including e-Invoicing […]

SEBI Consultation Paper on Account Aggregator Framework – Public Comments

August 1, 2023 936 Views 0 comment Print

Read SEBI’s consultation paper on collating and defining use cases of Financial Information Users in the Account Aggregator Framework in securities markets. Share your views through public comments.

Draft Cost and Works Accountants (Amendment) Regulations, 2023

August 1, 2023 2772 Views 0 comment Print

The Institute of Cost Accountants of India (ICAI), established under the Cost and Works Accountants Act, 1959, is a statutory body and a premier professional organization for cost and management accountants in India. The Institute plays a crucial role in promoting and regulating the profession of cost and management accounting in the country. In pursuit […]

Appeal Clarification: Non-Constitution of GST Tribunal – Trade Circular 20T/2023

July 31, 2023 3447 Views 0 comment Print

Maharashtra State Tax Commissioner issues a trade circular clarifying the appeal process regarding the non-constitution of the GST Tribunal as directed by the Bombay High Court.

Appointment of Adjudicating Authority for M/s BSH Household Appliances Pvt Ltd.

July 31, 2023 1671 Views 0 comment Print

Ministry of Finance appoints adjudicating authorities for show cause notices against M/s BSH Household Appliances Pvt Ltd in respect of CGST and IGST Acts.

AYUSH Export Promotion Council (AYUSHEXCIL) Inclusion in FTP 2023

July 31, 2023 936 Views 0 comment Print

Government of India’s Directorate General of Foreign Trade (DGFT) amends Appendix 2T of FTP 2023, including AYUSHEXCIL for RCMC issuance. Details and updates provided.

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