By: AdminDate: December 30, 2024Categories: GST Recent NewsReading Time: 4 Minutes The Indian telecom sector is witnessing a standoff between Bharti Airtel, the country’s second-largest telecom operator, and the GST…
GST Officials Conduct Inspection at Mahindra & Mahindra’s Chennai Unit
By: AdminDate: December 30, 2024Categories: GST Recent NewsReading Time: 4 Minutes Mahindra & Mahindra Ltd (M&M) announced that tax authorities in Tamil Nadu have conducted an inspection of records at…
Final Reminder: File ITR and GST Returns by December 31, 2024
By: AdminDate: December 30, 2024Categories: TAX NewsReading Time: 4 Minutes As the calendar year comes to an end, taxpayers must ensure that they file both belated Income Tax Returns (ITR)…
Government May Simplify Taxation for Foreign Semiconductor Firms in Budget 2025
By: Admin | Date: December 28, 2024Categories: Tax News | Read Time: 4 Min The Indian government plans to amend the Income Tax Act in Budget 2025, introducing a presumptive…
New Feature on Income Tax Portal: File Rectification Applications Directly with AO
By: Admin | Date: December 28, 2024Categories: Important News | Income Tax News | Read Time: 4 Min The Income Tax Department has unveiled a new feature on its portal,…
Passing Order Without Hearing Violates Principles of Natural Justice
By: Admin | Date: December 28, 2024Categories: Important Pronouncements | Read Time: 4 Min The Hon’ble Allahabad High Court, in Chandani Tent Traders v. State of U.P. [WRIT TAX NO.…
Ministry of Finance Releases Monthly Economic Review for November 2024
By: Admin | December 28, 2024Categories: Finance Ministry News | 4 Min Read The Ministry of Finance has published its Monthly Economic Review for November 2024, highlighting India's economic performance…
GST Notices Sent to CNG Kit Providers Over Tax Classification Dispute
By: Admin | December 27, 2024Categories: GST Recent News | 4 Min Read Overview of the Issue The Goods and Services Tax (GST) authorities have issued show cause-cum-demand notices to…
ICAI Releases Updated Guide to CA Certificates in GST – December 2024
By: Admin | December 27, 2024Categories: ICAI Handbook | 4 Min Read The Institute of Chartered Accountants of India (ICAI) has published the third edition of the Guide to Chartered…
DGFT Imposes Quantitative Restrictions on Low Ash Metallurgical Coke Imports
The Directorate General of Foreign Trade (DGFT), through Notification No. 44/2024-25 dated December 26, 2024, has introduced quantitative restrictions on the import of Low Ash Metallurgical Coke (ash content below…