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Aadhaar Requirement for PM’s Internship Scheme

October 8, 2024 420 Views 0 comment Print

New notification mandates Aadhaar for benefits under the Prime Minister’s Internship Scheme, ensuring transparency and efficient service delivery.

CBIC notifies Late Fees Waiver for GSTR-7 Filed Late Since June 2021

October 8, 2024 1530 Views 0 comment Print

Notification No. 23/2024 waives late fees for GSTR-7 returns filed late from June 2021 onward, effective November 1, 2024.

New procedure for rectifying GST orders related to wrong input tax credit claims

October 8, 2024 22698 Views 1 comment Print

The Ministry of Finance outlines a new procedure for rectifying GST orders related to wrong input tax credit claims in Notification No. 22/2024.

CBIC Notifies GST Payment Deadlines to get Waiver of Interest or Penalties

October 8, 2024 17151 Views 1 comment Print

The Ministry of Finance issues GST Notification No. 21/2024, detailing payment deadlines for registered persons to waive interest or penalties.

Union Territory Goods and Services Tax (Ladakh) Rules, 2024

October 7, 2024 528 Views 0 comment Print

Notification No. 02/2024 establishes new GST rules for Ladakh, adapting Central GST regulations to the Union Territory, effective from publication date.

CBDT Extends Deadline for Trusts to Submit Audit Reports in Form 10B/10BB

October 7, 2024 13881 Views 0 comment Print

CBDT extends deadline for trusts and institutions to submit audit reports in Form 10B/10BB until November 10, 2024.

High Income Tax Risk Refund Cases A.Y. 2024-25 disseminated for Investigation wing

October 3, 2024 136428 Views 0 comment Print

SOP for investigating high-risk refund cases for AY 2024-25. Clusters of suspicious ITRs identified and disseminated for verification by Investigation Wing users.

Significant rise in DIR-3 KYC filings during FY 2024-25

October 3, 2024 789 Views 0 comment Print

MCA notes a significant rise in DIR-3 KYC filings, reaching 22.98 lakh in FY 2024-25, surpassing the total filings of the previous fiscal year.

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

October 1, 2024 1062 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 5550 Views 0 comment Print

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

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