Government decriminalizes minor direct tax offences, simplifies compliance, and improves litigation management. Key changes include amended Section 276A and 276B.
PAN 2.0 focuses on process upgrades for taxpayers with no mandatory new PAN card. Existing cards remain valid. Estimated cost: ₹1435 crore.
Indian government discusses VDA regulation, taxation, and global collaboration. No timeline set for guidelines; risks and innovation under evaluation.
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.
The Government has launched initiatives to simplify company registrations. 112,962 companies registered in FY 2024-25 till November.
CBDT’s electronic campaign helps taxpayers fix mismatches in income and transactions for FY 2023-24 and 2021-22. Revised ITRs can be filed until Dec 31, 2024.
Over 11.6 lakh women directors are active in public and private companies. New provisions encourage women’s participation in corporate decision-making.
Government has amended the IBC six times and IBBI made over 100 changes to improve insolvency resolution and asset value maximization.
KSCAA highlights practical GST challenges in Sec 128A & Sec 16(4), urging clarifications on appeals, ITC, interest waivers, and multi-year cases for equitable relief.
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