Kerala SGST department issues a circular clarifying the method of penalty calculation under the IGST Act, 2017 for tax demands made under KSGST sections 73/74.
CAAR Mumbai rules on the classification of Dual Mass Flywheel under Customs Tariff Act, addressing its role in vehicle driveline systems and applicable tariff heading.
The Ministry of Corporate Affairs has imposed a penalty on Methini Spintex Private Limited and its directors for violating Section 10A of the Companies Act, 2013.
As of August 11, 2024, net direct tax collections for FY 2024-25 stand at Rs. 6.93 lakh crores, marking a 22.48% growth compared to the previous year.
Insight Instruction No. 79 details procedures for managing high-risk PAN cases in the Insight portal, guiding tax officers through the verification and assessment processes.
Madhabi and Dhaval Buch address Hindenburg 2024 allegations, clarifying personal investments, roles, and transparency, while refuting claims linking them to SEBI actions.
UIDAI’s specified income receives tax exemption for AY 2024-2025 to 2028-2029 under Income-tax Act, 1961, as per the latest CBDT notification.
West Bengal Transport Workers’ Social Security Scheme receives tax exemption for specified income under Income-tax Act for AY 2021-2022 to 2025-2026.
SEBI addresses allegations in Hindenburg Research report, emphasizing ongoing investigations and regulatory integrity in its August 2024 statement.
SEBI issues an updated Master Circular for stock brokers, consolidating and rescinding previous circulars issued up to August 9, 2024.
