Central Board of Indirect Taxes and Customs, issued Notification No. 54/2023-Customs (N.T.) on 20th July 2023. This notification pertains to the rate of exchange of conversion of foreign currencies into Indian rupees for imported and export goods with effect from 21st July, 2023. Government Of India Ministry Of Finance Department Of Revenue Central Board Of […]
Discover the catastrophic implications of the recent change in GST for online gaming, including its impact on the industry, employment, and offshore competition. This analysis calls for a review of the decision and highlights its inconsistency with the government’s efforts to promote and regulate the sector.
DGFT implements Advance Authorisation Scheme, allowing duty-free import of inputs for export purposes. Learn about enhancements in Advance Authorisation and Norms Fixation Workflow, simplifying process for exporters.
We have published below AML & CFT guidelines for professionals with Certificates of Practice (CoP) from ICAI, ICSI, and ICMAI. These guidelines aim to prevent money laundering, terrorist financing, and proliferation financing activities. It covers reporting obligations, risk assessments, and the role of Statutory Bodies (SRBs) in supervision and monitoring. The AML & CFT guidelines […]
When it comes to securing your family’s financial future, term insurance is an essential protection plan that provides financial security to your loved ones in the event of your demise. It is the purest form of life insurance that covers you and your family.
For job seekers in India, finding reliable and up-to-date information about government jobs can often be a challenging task. In a country where government jobs are highly sought after for their job security, perks, and benefits, having a reliable source to access the latest updates becomes crucial.
Perquisites come in various forms, encompassing both cash and non-cash benefits, and include accommodations, employer or self-owned vehicles, stock options, club memberships, medical reimbursements, subscriptions to magazines, and more.
The Karnataka High Court dismisses an appeal involving Manipal Finance Corporation Limited due to monetary limitations, based on Circular No.17 of 2019 by the Central Board of Direct Taxes.
Read Circular No. 193/05/2023-GST from CBIC regarding the clarification on availing Input Tax Credit (ITC) in GSTR-3B and GSTR-2A for the period 01.04.2019 to 31.12.2021. Understand the guidelines and conditions for dealing with discrepancies and the eligibility of ITC based on rule 36(4) of CGST Rules
Explore the crucial judgment of ITAT Delhi in the case of DCIT Vs Western Geco International Ltd. A deep dive into issues of taxation under Sections 44DA, 44B, and 44BB of the Income Tax Act.
