Explore how corporate governance is evolving with CSR, mandated by India’s Companies Act, 2013. Learn about CSR activities, amendments and its global impact on sustainable business.
Allahabad High Court rules that GST notices sent to registered email are valid, affirming that failure to update contact details doesn’t invalidate service.
Gujarat High Court rules no penalty can be levied on zero-rated supplies for e-way bill expiry if no tax is payable, reducing a 200% penalty to INR 25,000.
Karnataka Taxpayers Association urges Finance Minister to revise GST turnover limits (₹40L/₹20L to ₹1Cr) due to inflation & digital transaction notices. Proposes amnesty for small businesses impacted by outdated thresholds.
Understand Section 201(1A) for TDS late payment interest, including rates, calculation periods, principal amount, and implications for deductibility.
Explore statistics on financial literacy in India, its impact on youth debt, credit card misuse, and investment gaps, alongside recommendations for improvement.
Understand GST late fees under Section 47 of the CGST Act, including daily penalties, calculation, and impact on ITC. Learn about different return types and potential waivers.
Allahabad High Court dismisses a criminal revision challenging Deputy CM Keshav Prasad Maurya’s educational degree, citing no cognizable offense or malice in the plea.
GST suspension and stock transfer issues impact small firms. Merchant accounts like Paytm/GPay can help maintain stock compliance and improve business credibility.
Recent judicial decisions from Gujarat and Bombay High Courts indicate a emerging trend that transactions involving immovable property, including development and leasehold rights, may not be subject to GST, despite legislative intent.