Fema / RBI : RBI has launched the Integrated Ombudsman Scheme, 2026, providing a centralized, cost-free mechanism for resolving complaints agai...
Fema / RBI : RBI has updated the FLA Return FAQs, clarifying who must file, the 15 July deadline, revision procedures, and reporting requiremen...
Income Tax : Learn who can apply for an advance ruling, applicable fees, withdrawal rules, and its binding effect under the Income-tax Act. The...
Company Law : The document clarifies that a director's resignation becomes effective upon receipt by the company or the specified future date, w...
Income Tax : Understand who must undergo a tax audit under Section 44AB, the applicable turnover limits, audit forms, filing procedure, due dat...
Corporate Law : MoSPI will introduce the Index of Services Production (ISP) to measure short-term changes in the formal services sector. The month...
Finance : The FAQs clarify the implementation of the IFSCA AML/CFT/KYC Guidelines, covering customer due diligence, reporting obligations, g...
Finance : The IFSCAs updated framework supersedes previous sandbox regulations and establishes a unified regime for FinTech testing in IFSCs...
Finance : The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 ...
Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...
SEBI : NSE released detailed FAQs to address practical issues in submitting Quarterly Integrated Filing – Governance reports through XB...
Finance : The circular addresses uncertainty in FLA reporting FAQs under FEMA. It directs institutions to pause action until regulatory clar...
Corporate Law : FSSAI introduced perpetual licenses and simplified registration norms to ease compliance. The reforms reduce costs while maintaini...
SEBI : FPIs can now apply for Digital Signature Certificates directly within the CAF portal. The move simplifies onboarding and reduces p...
Goods and Services Tax : GSTN has clarified key issues on filing annual returns through consolidated FAQs. The guidance explains ITC reporting, auto-popula...
UIDAI has all my data including biometrics, bank account, PAN, etc. Will they be used to track my activities? Why am I being asked to verify and link my mobile numbers with Aadhaar?
Q.1 Under which circumstances can a registered Taxpayer file for cancellation of GST registration? Ans: A registered Taxpayer can file for cancellation of GST registration on the occurrence of any of the following events:
FAQs on how to View/ Download GST Registration Certificates Q.1. Can I view or download my Registration Certificate? Ans. The taxpayer can view and/or download various certificates issued by the tax authorities via the GST Portal. Example: Registration Certificate can be downloaded /viewed from the GST Portal at any time. Q.2. In what format will […]
A. FAQs on Application for Extension of Registration Period for Casual / Non Resident Taxable Person Q.1 Can a taxpayer registered for a specified period, as a Casual Taxable Person or as a Non Resident Taxpayer, seek extension of the registration period? Ans: Yes, a Casual/Non Resident Taxpayer may apply to extend the registration period […]
A. FAQs on SEZ Unit / SEZ Developer under GST Q.1 I am a SEZ unit or SEZ Developer and registered under VAT or Central Excise. How will I get registered under GST? Ans. SEZ developers and SEZ Units are required to be registered a-fresh in GST regime. You need to apply for a new […]
Before the roll out of GST, it was notified that once the GST comes into the picture, in case of supply (be its goods or services), the payment has to be made within a period of 180 days from the date of invoice. Let us understand further with an example: Mr. A (registered person) purchased […]
I am a single truck owner-operator and I ply my truck mostly between States, carrying the goods booked for my truck by an agent; aggregate value of service which I provided exceeded twenty lakh rupees during last year. Am I supposed to take registration?
Clarifications regarding levy of GST on accommodation services, betting and gambling in casinos, horse racing, admission to cinema, homestays, printing, legal services etc. – Reg.
CENTRAL BOARD OF EXCISE & CUSTOMS, NEW DELHI FREQUENTLY ASKED QUESTIONS (FAQs) ON GOODS AND SERVICES TAX (GST) 2nd Edition: 31st March, 2017 (Updated as on 1st January, 2018) The compilation of Frequently Asked Questions (FAQs) on GST brought out by the National Academy of Customs, Indirect Taxes, & Narcotics (NACIN), the apex training institution […]
FAQs on Reset of email address/ and mobile phone number of Authorized Signatory on GST Portal with Guidelines For Changing Email And Mobile Number Of Primary Authorized Signatories Mentioned At The Time Of Enrolment Or New Registration. Reset of email address/ and mobile phone number of Authorized Signatory on GST Portal (FAQs) Q.1 How can […]
