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Gross and Net GST revenue collections for the month of Sep, 2024

October 1, 2024 1020 Views 0 comment Print

View the detailed report on September 2024 GST revenue collections. Gross GST revenue saw a 6.5% growth, with net collections rising by 3.9% compared to last year.

RBI Issues Guidelines on Compounding FEMA Contraventions

October 1, 2024 5325 Views 0 comment Print

RBI Circular No. 17/2024-25 outlines new guidelines for compounding contraventions under FEMA, emphasizing compliance for authorized banks.

SEBI Updates Stress Testing Framework for Equity Derivatives

October 1, 2024 390 Views 0 comment Print

SEBI’s October 2024 circular revises stress testing methodologies for equity derivatives, enhancing credit risk assessment and Core SGF requirements.

Income Tax Section 138 Notification for Odisha Computer Application Centre

October 1, 2024 1608 Views 0 comment Print

CBDT designates OCAC Chairman for identifying genuine beneficiaries of Odisha’s social welfare schemes under Section 138 of the Income Tax Act, 1961.

ICAI Invites Suggestions for Comprehensive Review of Income-tax Act, 1961

October 1, 2024 1455 Views 0 comment Print

ICAI calls for suggestions on simplifying the Income-tax Act, mitigating litigation, and reducing compliance burdens. Submit inputs by 15th October 2024.

ICAI Forms Group to Address Work-Life Balance for CAs

October 1, 2024 3738 Views 0 comment Print

ICAI establishes a group to improve work-life balance and stress management for Chartered Accountants through workshops, wellness programs, and peer support networks.

RoDTEP Scheme Extended: New Rates for DTA & SEZ Units from 10.10.2024

September 30, 2024 1821 Views 1 comment Print

The Government extends the RoDTEP scheme for DTA and SEZ exports, with revised rates effective from October 10, 2024. Full details are provided in the notification.

Vande Mataram Cable TV Network Vs Union of India: CCI Dismisses Allegations

September 29, 2024 225 Views 0 comment Print

The CCI dismissed the Vande Mataram Cable TV Network case against the Union of India, ruling no violation of competition laws was established.

SEBI Proposes Exemptions for Certain Transactions from Trading Window Restrictions

September 27, 2024 852 Views 0 comment Print

SEBI seeks public comments on exempting certain transactions from trading window restrictions to enhance ease of doing business. Feedback due by October 17, 2024.

Waiver of Pre-Deposit Under HVAT Act: Punjab & Haryana HC Ruling

September 21, 2024 612 Views 0 comment Print

Punjab and Haryana HC ruled on the waiver of pre-deposit under Section 33(5) of HVAT Act, directing the appeals to be heard based on financial hardship. Writ petitions allowed.

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