Analysis of a 25% rise in income tax returns filed over five years, with key government initiatives like pre-filled forms, updated returns, and expanded TDS scope.
CBI arrests CGST Inspector and private firm representative for accepting a Rs. 3.2 lakh bribe in Tirupati; searches ongoing, investigation in progress.
Review of India’s 2024 trade achievements, including FTAs, export growth, Bharat Mart launch, digital trade platforms, and key sectoral advancements.
Highlights from the Finance Ministry’s 2024 initiatives, covering direct tax refunds, GST reforms, Customs updates, and India’s FATF compliance achievements.
The PIL challenges the TDS system’s constitutionality, citing undue burdens, forced labor, and Article 14, 19, and 21 violations, advocating fairer tax practices.
Detailed clarifications on ICAI’s Peer Review Mandate, phases of implementation, applicability, and key definitions for audit practices in India.
Explore key updates to ITFS platform guidelines in IFSCs, including expanded financier eligibility, on-tap registration, and enhanced trade finance services.
Goods and Services Tax (GST) e-Invoice System and API Developer’s Portal will implement new validations in the E-Waybill System starting January 1, 2025. These changes aim to enhance compliance and integration. Key updates include: (1) Restricting E-Waybill generation for documents older than 180 days from the generation date. This applies to both E-Waybills and Part-A […]
SEBI seeks public input on introducing a Close Auction Session (CAS) in equity markets to improve closing price determination and align with global standards.
55th GST Council meeting recommends tax reductions, exemptions, and compliance measures, including lower GST on fortified rice kernels and exemption on gene therapy.
