As of September 16, 2023, India’s FY2023-24 Direct Tax collections surge by 18.29%, with net collections up by 23.51%. Advance Tax reaches Rs. 3,55,481 crore.
SFIO, Ministry of Corporate Affairs, arrests CA Nalin Prabhat Panchal in Hyderabad for failure to honor summons related to Nityank Infrapower case during demonetization.
DPIIT, under Ministry of Commerce & Industry, has notified a new Quality Control Order (QCO) for Flux Cored Solder Wire to enhance quality and safety in manufacturing.
Explore latest amendments to Insolvency and Bankruptcy Board of India (IBBI) regulations for Insolvency Resolution Process for Corporate Persons in 2023.
Read about latest amendments to IBBI regulations regarding Model Bye-Laws and Governing Boards for Insolvency Professional Agencies in 2023.
The International Financial Services Centres Authority (IFSCA) has recently issued Circular No. IFSCA-AIF/47/2023, dated September 15, 2023. This circular addresses all Fund Management Entities (FMEs) operating within the International Financial Services Centres (IFSCs) and pertains to the authorization of schemes under the IFSCA (Fund Management) Regulations, 2022. In this article, we will provide a detailed […]
The August 2023 edition of the GST Council Newsletter offers a comprehensive overview of India’s Goods and Services Tax (GST) landscape. Chaired by Hon’ble Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, the 51st GST Council Meeting yielded crucial amendments to the CGST Act, IGST Act, and Schedule III of CGST Act, 2017, […]
Explore implications of government subsidies on GST liability based on the GST AAR Karnataka ruling in case of Hitze Boilers Private Limited
Explore GST AAR Karnataka’s ruling on Juspay Technologies Pvt. Ltd. Understand e-commerce operator status, nature of supply, and tax liability.
Understand GST classification of film distribution rights for exhibition in theatres. Explore SAC 999614 and its implications in GST AAR Karnataka case.
