GST on leased properties remains at 18%. Recent changes exclude composition taxpayers from reverse charge liability. No central data on leased properties.
CCI’s directive restricting WhatsApp data sharing for ads faces an interim stay by NCLAT. Government awaits legal resolution on data privacy concerns.
The government exempts import duties on specific life-saving drugs for rare diseases under set conditions. Learn about eligibility and exemption procedures.
The government considers GST reforms based on GST Council recommendations. Recent changes include ITC extension, interest waivers, and compliance easing.
The Ministry of Finance has notified the implementation dates for specific provisions of the GST Amendment Rules, 2024. Key rules take effect from Feb & Apr 2025.
SEBI proposes a mechanism to manage unclaimed client funds and securities with Trading Members. Public comments invited until March 4, 2025.
ICAI to begin live virtual classes from Feb 13 for CA Foundation May & Sept 2025 exams. Interactive sessions with recorded lectures & study materials.
Supreme Court rejects SLP of Goverdhandham Estate against Rajasthan HC’s decision in GST dispute over ITC eligibility on elevators and ACs.
IFSCA appoints a new Nodal Officer for implementing Section 12A of the WMD Act and Section 51A of the UAPA. Updated circular available on the IFSCA website.
CBIC detects Rs. 18.10 crore GST evasion in real estate and organizes a CPR training workshop for officers. Post-Budget discussions continue for tax clarity.
