The Supreme Court clarified rules for Trusts/NGOs under Section 2(15) of the Income Tax Act, limiting business activities tied to charitable purposes. Learn more.
Biometric-based Aadhaar authentication and document verification for GST registration in Kerala, Nagaland, and Telangana began on October 5, 2024.
Discover how the National Pension System (NPS) offers flexibility, tax benefits, and long-term financial security, catering to all age groups from infancy to retirement.
The Supreme Court upheld its decision allowing states to tax mineral rights, dismissing review petitions citing no apparent error in the initial ruling.
RBI releases draft guidelines on forms of business and investment regulations for banks. Feedback is invited from stakeholders by November 20, 2024.
Insight Instruction No. 8 guides Assessing Officers in verifying high-risk refund ITRs for AY 2024-25, detailing steps for verification and reporting within 30 days.
Insight Instruction No. 43 addresses verification of high-risk refund cases for AY 2024-25. TDS officers to assess and submit feedback on organized refund claims.
CAAR Mumbai rules on classification of furniture/display cases imported in CKD/SKD form from Singapore under CTH 9403. Duty exemption under AIFTA is available.
FSSAI proposes amendments for milk producers’ licensing, focusing on hygiene, safety standards, and digitization for improved food safety measures.
Analysis of the Principal Commissioner vs Ranga 70 MM case, involving anti-profiteering issues in GST reduction for cinema ticket prices under Section 171 of the CGST Act.
