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Rourkela GST Taxpayers Get Camp Court Sessions by CC Bhubaneswar Zone

September 19, 2023 714 Views 0 comment Print

Chief Commissioner of Bhubaneswar Zone introduces camp court sessions in Rourkela Commissionerate for faster appeals disposal. Learn more.

Direct Tax Collections Show Strong Growth in FY 2023-24

September 18, 2023 1116 Views 0 comment Print

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 Arrests CA in Hyderabad: Demonetization Role

September 18, 2023 1701 Views 1 comment Print

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 notifies Quality Control Order for ‘Flux Cored Solder Wire’

September 18, 2023 1269 Views 0 comment Print

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.

IBBI: Amendments to Insolvency Resolution Process Regulations 2023

September 18, 2023 3075 Views 0 comment Print

Explore latest amendments to Insolvency and Bankruptcy Board of India (IBBI) regulations for Insolvency Resolution Process for Corporate Persons in 2023.

IBBI: Amendments to Model Bye-Laws & Governing Board Regulations 2023

September 18, 2023 540 Views 0 comment Print

Read about latest amendments to IBBI regulations regarding Model Bye-Laws and Governing Boards for Insolvency Professional Agencies in 2023.

IFSCA’s New Scheme Authorization Requirement for FMEs

September 15, 2023 525 Views 0 comment Print

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 […]

GST Council Newsletter for the month of August 2023

September 15, 2023 1590 Views 0 comment Print

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, […]

Understanding GST Liability: Exclusion of Government Subsidies

September 15, 2023 14769 Views 0 comment Print

Explore implications of government subsidies on GST liability based on the GST AAR Karnataka ruling in case of Hitze Boilers Private Limited

GST AAR Karnataka Ruling: E-commerce Operator Status & Tax Liability Clarified

September 15, 2023 2157 Views 0 comment Print

Explore GST AAR Karnataka’s ruling on Juspay Technologies Pvt. Ltd. Understand e-commerce operator status, nature of supply, and tax liability.

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