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GST Council Newsletter for the month of December 2023

January 12, 2024 1956 Views 0 comment Print

Explore the latest GST Council newsletter for December 2023, covering growth in collections, fraud detection, rate changes, and key initiatives for a prosperous New Year.

In 2023, DGGI detected 6,323 cases involving evasion of duty of Rs. 1,98,324 crore

January 12, 2024 1377 Views 0 comment Print

In 2023, DGGI detected 6,323 cases, exposing Rs. 1,98,324 crore GST duty evasion. Explore the Special Drive against ITC frauds and the agency’s commitment to fairness

Direct Tax Collections Surpass 80% of Budget Estimates for F.Y. 2023-24

January 12, 2024 1008 Views 0 comment Print

Ministry of Finance has released the provisional figures for Direct Tax collections up to January 10, 2024, showcasing a robust performance and surpassing 80% of the total Budget Estimates for Direct Taxes in the fiscal year 2023-24.

Enhancing Web Performance – AVIF To JPG Conversion Best Practices

January 12, 2024 693 Views 0 comment Print

AVIF is an optimized open-source image format popular among photo editors. It can be a single image or a sequence of images stored using AV1 technology in a HEIF container. It is similar to PNG or JPG files in that it contains compressed data.

Apply Now: CA/CA Firms Empanelment in Bihar & Jharkhand for Special Auditors

January 11, 2024 2211 Views 0 comment Print

Income Tax Department invites C.A./C.A. Firms in Bihar & Jharkhand to apply for empanelment as Special Auditors. Eligibility, terms, and conditions outlined. Apply within 15 days.

Additional proposals for issuance of subordinate units by REITs & InvITs

January 11, 2024 954 Views 0 comment Print

Explore key proposals for REITs and InvITs: ceiling on subordinate units, uniformity in rights, and managing changes post-issuance. Share your insights now!

Income Tax Raids: Unearthing a Rs. 1,000 Crore Scam in Mumbai’s Electrical Industry

January 11, 2024 2001 Views 0 comment Print

Ministry of Finance reveals Income Tax Department’s massive search operation exposing a major tax evasion scheme in Mumbai’s electrical manufacturing sector. Preliminary findings suggest unaccounted cash sales, dubious expenses, and a network of authorized distributors involved.

E-Way Bill Changes: Mandatory e-Invoice Link from March 2024 – Advisory Withdrawn

January 11, 2024 34917 Views 0 comment Print

Important update from NIC: E-Way Bills for B2B and B2E transactions require mandatory e-Invoice link for e-invoice enabled taxpayers starting March 2024

CA Final & Intermediate November 2023 exam Pass percentage & Toppers

January 9, 2024 35001 Views 0 comment Print

Discover the top rank holders and pass percentages in the CA Final and Intermediate Examinations held in November 2023, as announced by the Institute of Chartered Accountants of India (ICAI). Get insights into the detailed analysis of the results and understand the achievements of the successful candidates. Access the complete results on the official ICAI website.

Pay GST With Credit Card or Debit Card

January 8, 2024 33162 Views 1 comment Print

Explore the ins and outs of paying your GST liability using Credit Cards or Debit Cards. From transaction charges to step-by-step guides, discover a seamless payment experience. Stay informed!

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