Ministry clarifies TDS refund transfer to FCRA accounts, stating it’s not a violation and must be reported as “other income” in Form FC-4.
Ministry of Home Affairs amends Foreign Contribution rules with changes to carry forward unspent administrative expenses and updated reporting in Form FC-4.
CBIC clarifies place of supply for online services provided to unregistered recipients under IGST Act, including mandatory state name on invoices
CBIC clarifies ITC eligibility for goods delivered under Ex-Works contract as per Section 16(2)(b) of CGST Act, 2017
CBDT promotes Joint Commissioners of Income Tax to NFSG Level 13 with notional effect from January 1, 2022. Notification issued on December 31, 2024
CBDT promotes Joint Commissioners to Selection Grade (NFSG) with notional effect from January 1, 2022, or 2024, as applicable. Notification issued on December 31, 2024.
Government promotes Assistant Commissioners to Deputy Commissioners of Income Tax effective January 1, 2025. Subject to ongoing legal proceedings
Government appoints Assistant Commissioners as Deputy Commissioners of Income Tax effective January 1, 2025. Subject to inter-se seniority determination
Notification by the Government of India: Assistant Commissioners promoted to Deputy Commissioners of Income Tax. Effective from January 1, 2025.
RBI outlines guidelines for commercial banks and financial institutions on Government Debt Relief Schemes (DRS), addressing credit discipline and fiscal support concerns.