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Notifications/Circulars

Central Government Rescinds 6 Central Excise Notifications issued in 2022

December 2, 2024 243 Views 0 comment Print

Notification No. 29/2024-Central Excise rescinds six 2022 excise notifications in the public interest, effective immediately. Details on affected notifications inside.

IIIT Hyderabad Approved for Section section 35(1)(ii) Scientific Research Tax Benefits

December 2, 2024 255 Views 0 comment Print

The Ministry of Finance grants approval to IIIT Hyderabad for scientific research under the Income Tax Act, effective from 2024-25.

RBI Directs Banks to Activate Inoperative Accounts

December 2, 2024 6999 Views 0 comment Print

RBI urges banks to reduce inoperative accounts and facilitate easier activation, especially for beneficiaries of government schemes, with KYC updates.

IFSCA (Informal Guidance) Scheme, 2024

December 2, 2024 183 Views 0 comment Print

IFSCA launches Informal Guidance Scheme to address legal and regulatory queries for businesses in IFSC from January 2025.

Coastal Shipping Bill, 2024 introduced in Lok Sabha

December 2, 2024 144 Views 0 comment Print

The Coastal Shipping Bill, 2024, introduced in Lok Sabha, aims to regulate coastal trade, boost domestic participation, and enhance maritime connectivity in India.

Gross and Net GST revenue collections for the month of Nov, 2024

December 1, 2024 1464 Views 0 comment Print

Detailed analysis of GST revenue collections for November 2024, including gross and net figures, state-wise growth, and year-on-year comparison trends.

Section 92E Income Tax Return Due Date Extended to 15th December 2024

November 30, 2024 7620 Views 0 comment Print

CBDT extends the due date for filing income tax returns under section 92E for AY 2024-25 from 30th November 2024 to 15th December 2024.

E-Invoice Glossary and Steps for GST Reporting

November 29, 2024 6714 Views 0 comment Print

Explore the GSTN’s e-invoice glossary and step-by-step guide for easy understanding and reporting of e-invoices under GST.

Compulsory Registration under CHIMS Discontinued with Immediate Effect

November 29, 2024 2979 Views 0 comment Print

DGFT notifies amendment to import policy of electronic circuits, discontinuing the CHIMS registration requirement for certain ITC (HS) codes.

GSTAT Jurisdiction Notification Correction 2024

November 29, 2024 1206 Views 0 comment Print

Ministry of Finance corrects GSTAT jurisdiction notification, replacing “Alwar” with “Ajmer” under Jaipur jurisdiction. Details updated on 29th November 2024.

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