CBIC reduces Special Additional Excise Duty on crude oil production and ATF exports. Notification No. 34/2023-Central Excise, effective from October 18, 2023
Goa (Recovery of Arrears of Tax, Interest, Penalty, Other Dues through Settlement) Act, 2023 The Goa (Recovery of Arrears of Tax, Interest, Penalty, Other Dues through Settlement) Act, 2023 (Goa Act 34 of 2023) (hereinafter referred to as the “GRATIPOS Act”) has been notified vide Notification No. 7/30/2023-LA dated 08/09/2023 published in Official Gazette, Extraordinary […]
Discover the penalty imposed by MCA on Shri Narayani Nidhi Limited for failing to mention Director Identification Numbers (DIN) in financial statements. Analysis and consequences outlined
CBDT, under the Ministry of Finance, extends the deadline for processing refund claims under section 143(1) to mitigate taxpayer hardships.
Explore the penalty order for First Data India Pvt. Ltd. under Section 454 for violating Section 203 of the Companies Act, 2013. Detailed analysis and consequences
Read Policy Circular No. 05/2023-24 from DGFT regarding re-import of unsold jewelry. Get insights on changes in import policies for specific ITC (HS) codes.
Get insights on RBI’s recent clarification on reporting Reverse Repo transactions for commercial banks in Form ‘A’ Return. Learn the new practice guidelines.
In Pruthviraj Dhavale vs Ashdan Developers case, Competition Commission of India (CCI) concludes that benefit of ITC was passed on, dropping Section 171 proceedings.
India’s trade scenario in September 2023: Exports, trade deficit, and growth in various sectors. Key data and insights from the Ministry of Commerce & Industry.
Learn about India’s Presumptive Taxation Scheme, offering relief from complex accounting and audits for small taxpayers under sections 44AD, 44ADA, and 44AE.