SEBI consultation paper proposes easing FPI disclosure requirements by setting risk-based thresholds, enhancing the ease of doing business for large FPIs.
ICAI has declared the CA Foundation June 2024 results. With 91,900 candidates and a 14.96% pass rate, find detailed results and analysis on the official ICAI website.
Discover the major amendments in GST, excise, and customs duties introduced in Budget 2024, including changes in CGST, IGST, and Customs Act analyzed by ICAI.
Explore state-wise GST registration cancellations in India from 2021 to 2024. Major reasons include business discontinuation, non-compliance, and fraudulent registrations.
Discover the latest updates on GST law changes, personal income tax rates, and tax reliefs for small businesses as discussed in Rajya Sabha on 30/07/2024.
CBIC detected Rs. 36,374 crore worth of fake ITC in FY 2023-24 involving 9,190 cases. Key measures and data on ITC fraud detection detailed in the report.
ICAI amends AS 22 for non-company entities, introducing exceptions and disclosure requirements for deferred tax related to Pillar Two income taxes. Effective April 1, 2024.
SEBI seeks public comments on proposed amendments to the Insider Trading Regulations, aiming to expand the definition of connected person without increasing compliance requirements.
On 29th July 2024, the Ministry of Finance addressed the delay in GST registration for businesses in Lok Sabha Unstarred Question No. 1059. Minister of State Shri Pankaj Chaudhary provided details on the average approval times: 8.61 days for applications without clarifications and 17.69 days for those needing further information. The overall average approval time […]
Explore the Lok Sabha query on technical glitches in the IT portal and TRACES. Learn about processing delays, PAN-Aadhaar issues, and government responses.