Learn about the extension of India-USA agreement on Equalisation Levy 2020 until June 30, 2024, amidst OECD/G20 negotiations on digital economy tax challenges.
Discover India exceptional performance in the FATF Mutual Evaluation 2023-24, placing it in the ‘regular follow-up’ category and boosting its financial integrity globally.
Discover comprehensive proposals from The Punjab Accountants Association to improve tax compliance, extend filing deadlines, include health insurance deductions, and amend tax laws.
Discover the challenges faced by the Institute of Company Secretaries of India in filing Form DPT-3 for FY 2023-24. Learn about technical issues, solutions, and implications.
Proposal on association of persons regulated by the SEBI and the agents of such persons with persons who directly or indirectly provide advice or recommendations without being registered with SEBI or make any implicit or explicit claim of return or performance in respect of or related to a security or securities under the purview of SEBI.
Discover essential updates on the e-filing portal for ITR 2024-25, including changes in forms, bank validation, refund status, statutory forms, and common issues.
India GST revenue for May 2024 reached ₹1.73 lakh crore, marking a 10% year-on-year growth. Discover the details and trends driving this significant increase.
Explore challenges in TRC applications under DTAA by Indian companies. KSCAA proposes reforms for a simpler, efficient process. Learn more!
The 53rd GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, produced several key recommendations aimed at easing compliance burdens and refining tax rates under GST. Notably, the Council proposed waiving interest and penalties on demand notices under Section 73 of the CGST Act for fiscal years 2017-18 to 2019-20, provided full tax payment is […]
AGFTC and ITBA urge amendments to reduce penalties under CGST Act, 2017, proposing fairer penalties for genuine errors. Detailed representation to FM Sitharaman.