Advocates’ Tax Bar Association requests Finance Minister of India for an extension of Income Tax Return verification period to ease burden on taxpayers.
Proposing the inclusion of Cost and Management Accountants under Section 288(2) of the Income Tax Act to enhance tax audits and promote voluntary compliance in India.
Learn about the 2023 Income Tax Return (ITR) deadline for business professionals and why an extension is needed for non-audit cases. Find ITR form details and analysis here.
CMA Ashwin G. Dalwadi elected as President & CMA Bibhuti Bhushan Nayak as VP of Institute of Cost Accountants of India for 2023-24. Learn about their backgrounds and roles.
Exposure Draft of Revised ‘Guidance Note on Tax Audit under section 44AB of Income-tax Act, 1961’ is issued by ICAI Direct Taxes Committee.
ICSI decided to launch the ECSIN Special Amnesty Scheme, 2023 effective from July 21, 2023 to July 31, 2023 with a view to facilitate the members.
ICSI has decided to launch the UDIN Amnesty Scheme, 2023 effective from July 21, 2023 to July 31, 2023 with a view to facilitate the Members.
ICSI Approved a uniform minimum stipend of Rs. 5,000/- (Rupees Five Thousand Only) per month for the students (both Executive & Professional Programme) registering for Practical Training (Company/Company Secretary in whole-time practice/other entities) on or after 01st August, 2023.
Advocates’ Tax Bar Association urges the Finance Minister to abolish Reverse Charge Mechanism for registered dealers, citing burdensome compliance, corruption, and hindrance to SMEs.
Six years after the rollout of the biggest indirect tax reform of India, the consistent monthly revenue of Rs 1.5 lakh crore from the Goods and Services Tax (GST) has established itself as the new normal. India implemented the Goods and Services Tax (GST) on July 1, 2017, marking a significant milestone in tax reform. […]
