The biometric-based Aadhaar authentication and document verification system for new GST registrations, coupled with a slot booking facility, has been extended to Rajasthan. As of January 7, 2025, this initiative…
Big Relief for GST Taxpayers: Common Adjudicating Authority for Multiple Notices in Kerala
Published by: Admin | January 09, 2025 | Categories: GST Recent News | 4 Min Read Taxpayers in Kerala burdened with multiple GST show cause notices across districts can now…
ICAI Advocates Tax Benefits for Climate Change Mitigation in Pre-Budget Recommendations 2025
By: AdminDate: January 4, 2025Categories: ICAI | NewsReading Time: 4 Min The Institute of Chartered Accountants of India (ICAI), the apex body for chartered accountants, has proposed a series of…
Income Tax Department Releases Updated Excel-Based Utility for ITR-2 and ITR-3
By: AdminDate: January 6, 2025Categories: Important News | Income Tax NewsReading Time: 4 Min The Income Tax Department has launched an updated version of the Excel-based utility for filing ITR-2…
New Tax Rule: Avoid Tax Deduction on Purchases from IFSC Sellers
By: AdminDate: January 6, 2025Categories: TAX NewsReading Time: 4 Min The Ministry of Finance has introduced a new rule, effective January 1, 2025. This rule allows buyers to avoid tax…
ICAI Advocates for Concessional Tax Regime for Partnership Firms
By: AdminDate: January 6, 2025Categories: ICAI | NewsReading Time: 4 Min The Institute of Chartered Accountants of India (ICAI) has put forth a recommendation for a special concessional tax regime…
IRDAI Seeks Feedback on GST Rate for Insurance Sector
By: Admin | Date: December 31, 2024 | Category: GST Recent News | Read Time: 4 Minutes The Insurance Regulatory and Development Authority of India (IRDAI) has initiated discussions with…
India Inc Seeks Higher Capex and Lower Tax Rates in FY26 Budget
By: Admin | Date: December 31, 2024 | Category: Budget 2025-26 | Read Time: 4 Minutes Key Industry Demands for Union Budget FY26 In a pre-budget meeting chaired by Finance…
Direct Tax Vivad Se Vishwas Scheme: Submit Declaration by Dec 31 to Avoid Higher Tax Costs
By: AdminDate: December 30, 2024Categories: Income Tax News | NewsReading Time: 4 Minutes The Vivad Se Vishwas Scheme, introduced during the Budget 2024 speech by Union Finance Minister Nirmala Sitharaman,…
Form SLP-02 Now Live on GST Portal: Key Advisory on Interest and Penalty Waiver Scheme Under Section 128A of CGST Act
By: AdminDate: December 30, 2024Categories: GST Portal Updates | Important NewsReading Time: 4 Minutes The Goods and Services Tax Network (GSTN) has issued Advisory No. 564, dated December 30, 2024,…