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MITRA: Platform to Trace Inactive & Unclaimed Mutual Funds

December 17, 2024 1830 Views 0 comment Print

SEBI launches MITRA, a platform for investors to trace inactive and unclaimed mutual fund folios and prevent fraud.

Status of Unclaimed Funds in IEPF for CSR Activities

December 17, 2024 1080 Views 0 comment Print

The unclaimed funds in the IEPF have grown to ₹8,237.20 crores by FY 2023-24. The Government has no plans to use it for CSR activities.

No plan to reduce GST On Khadi Products: Government’s Response

December 17, 2024 867 Views 0 comment Print

No plans to waive or reduce GST on Khadi products, but some Khadi fabrics and yarn are exempt from GST.

Govt to block Website of Non-Cooperative Offshore Gaming Entities under IGST

December 17, 2024 849 Views 0 comment Print

DGGI investigates 642 offshore entities in online gaming; no reciprocal info-sharing with foreign governments yet.

GST Reduction on Health Insurance Premium Under Review

December 17, 2024 876 Views 0 comment Print

GST Council forms GoM to review GST rates on health insurance; potential impact on revenue and consumer relief under evaluation.

GST Exemption on Insurance Premium For Senior Citizens

December 17, 2024 1392 Views 0 comment Print

GST on health insurance for senior citizens under review; GST Council forms GoM to examine rate rationalization and exemption proposals.

Decriminalization Of Minor Offences In Direct Taxes

December 17, 2024 1170 Views 0 comment Print

Government decriminalizes minor direct tax offences, simplifies compliance, and improves litigation management. Key changes include amended Section 276A and 276B.

PAN 2.0 Project: Key Details and Financial Implications

December 17, 2024 1656 Views 0 comment Print

PAN 2.0 focuses on process upgrades for taxpayers with no mandatory new PAN card. Existing cards remain valid. Estimated cost: ₹1435 crore.

Virtual Digital Assets (VDA) Regulation in India

December 17, 2024 1287 Views 0 comment Print

Indian government discusses VDA regulation, taxation, and global collaboration. No timeline set for guidelines; risks and innovation under evaluation.

Eligibility Condition for Getting CSR Funds

December 17, 2024 1695 Views 1 comment Print

Eligibility conditions for CSR funds from CPSEs under Section 135 of Companies Act, 2013, clarified in Lok Sabha. Details on AAA ratings and fund allocation.

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