By: AdminApril 20, 2024Categories: Income Tax News|News4 Min Read To beat the last minute rush, at least some taxpayers have started filing their income tax returns for assessment year 2024-25…
Supreme Court issues notices on plea challenging anti-profiteering provisions
By: AdminApril 20, 2024Categories: GST Recent News4 Min Read The Supreme Court on Friday issued notices to the central government, the Central Board of Indirect Taxes and Customs (CBIC), the…
Right to sleep can’t be violated: Bombay High Court to Enforcement Directorate
By: AdminApril 19, 2024Categories: News ED4 Min Read The Bombay High Court said that the right to sleep is a "basic human requirement" and not providing it violates a person's…
Paytm begins user migration to new UPI IDs; here is how it will affect you
By: AdminApril 19, 2024Categories: UPI News4 Min Read After the Paytm Payments Bank crisis, Paytm's parent firm One 97 Communications Limited (OCL) began the migration of its customers to other…
Goods seized cannot be released by invoking writ jurisdiction if no application filed for release of goods under GST
By: AdminApril 19, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Calcutta High Court in the case of Kanak Timber House v. Assistant Commissioner of Sales Tax [W.P.A. NO. 4729 of…
AIGF Reports $2.5 Billion GST Loss to Exchequer from illegal, betting firms, Urges Swift Government Action
By: AdminApril 19, 2024Categories: GST Recent News4 Min Read The All India Gaming Federation (AIGF) has reported that illegal offshore betting and gambling operations are causing a significant financial loss…
GST Council discusses exempting reinsurance from GST
By: AdminApril 19, 2024Categories: GST Recent News4 Min Read India's Goods and Services Tax (GST) Council is set to review exempting reinsurance business from GST. The review is likely to…
Arani’s Handloom Weavers Face Hardships Due to GST and Rising Power Loom Usage
By: AdminApril 19, 2024Categories: GST Recent News4 Min Read Beads of sweat fall from the face of Velu, a 56-year-old weaver from Sevoor village in Arani of Tiruvannamalai, as he…
Madhya Pradesh GST Department Clarifies Officer Roles and Supersedes Previous Order Effective May 01, 2024
By: AdminApril 19, 2024Categories: GST Law|Notification And Circular4 Min Read The Madhya Pradesh GST Department, through Order No. 03/2024 dated April 18, 2024, amends and supersedes the earlier Order No.…
Online gaming industry hopes GST Council will reconsider decision to levy 28% tax
By: AdminApril 19, 2024Categories: GST Recent News4 Min Read India’s online gaming industry is sticking to its demands on GST. The gaming federation head, indicates that while the government exchequer…