Explore the contentious issue of GST on corporate guarantees, including recent amendments and industry concerns. Understand implications, valuation rules, and the need for further clarity from the GST Council.
Discover how Dearness Allowance (DA) for PSU employees is calculated, accounting for inflation and the Consumer Price Index. Learn the formula and factors influencing DA rates.
Key expectations from the 54th GST Council Meeting on June 22, 2024, including rate rationalization, inclusion of natural gas and ATF, and compliance simplifications.
Explore the Malad Chamber of Tax Consultants’ 2024 Pre-Budget Memorandum proposing crucial amendments to the Income Tax Act, 1961, aimed at reducing litigation and boosting the economy.
Representing Karnataka State Chartered Accountants Association’s suggestions for GST Act changes to Hon. Union Minister of Finance, Nirmala Sitharaman. Recommendations aim to streamline tax laws, reduce disputes, and enhance compliance.
KSCAA urges FM Nirmala Sitharaman to reduce mandatory pre-deposit for GST appeals, addressing financial strain and clarifying ambiguities.
Article discusses controversy around arbitrary extensions of limitation periods for SCNs under GST, analyzing legality, fairness, and implications for taxpayers.
Explore the major challenges faced by GST taxpayers in India and recommendations for improvement. Read insights from Rajasthan GST Practitioners Association.
Discover RBI’s rules on carrying cash & foreign currency when traveling to/from India. FAQs cover limits, exceptions, and compliance guidelines for hassle-free travel.
Explore the comprehensive Pre Budget Memorandum 2024-25 addressing crucial aspects like tax base expansion, avoidance mitigation, and litigation reduction. This strategic roadmap outlines proposals for a fair, responsive, and growth-oriented tax ecosystem, providing insights into improving India’s taxation framework
