Hurry! Only 3 days left to file your income tax return for FY 2022-2023. Avoid late fees. Learn about tax exemptions and deductions to reduce taxable income.
In response to concerns over anti-competitive practices by major tech companies, the Union government has decided to introduce an online audit mechanism under the Goods and Services Tax (GST) system.
Learn about the Jan Vishwas (Amendment of Provisions) Bill 2023, passed in Lok Sabha. Explore its aims, proposed amendments, and Ministry-wise Acts covered.
In a ground-breaking deal that underscores the continued expansion and resilience of the hospitality industry, Indian Hotels Company Limited (IHCL), one of India’s largest hospitality companies, has announced the acquisition of 100% stake in the South African-based Pamodzi Hotels PLC (presently a listed company in Zambia) for a handsome sum of $15 million.
DGGI Meerut Zonal Unit uncovers two major fake billing rackets involving 246 entities with Rs. 557 Cr ITC. Three arrests made. Details here.
All Gujarat Federation of Tax Consultants and Income Tax Bar Association request an extension of the income tax return deadline for AY 2023-24 due to heavy rain and flood in Gujarat.
AIFTP, a leading professional body in India, appeals to the Finance Minister for a one-month extension on tax return due dates for AY 2023-24.
Marking the 164th Income Tax Day, Finance Minister Nirmala Sitharaman praises CBDT’s efforts in tax administration reforms and ease of compliance.
Accounting Standards Board has issued Exposure Draft of Supplier Finance Arrangements – Amendments to Ind AS 7 and Ind AS 107 corresponding to Amendments in IAS 12 issued by the IASB.
Accounting Standards Board has issued Exposure Draft of International Tax Reform—Pillar Two Model Rules – Amendments to Ind AS 12 corresponding to Amendments to IAS 12 issued by the IASB.
