📅 Date: October 29, 2024📂 Categories: #CBDTNotification #PressRelease⌛ Read Time: 4 Min The Central Board of Direct Taxes (CBDT) has issued Notification No. 116/2024, dated October 18, 2024, specifying the…
Finance Ministry Updates Land Route for India-Bhutan Trade via Ultapani
📅 Date: October 29, 2024📂 Categories: #CBIC #CustomsNotification⌛ Read Time: 4 Min The Ministry of Finance, Department of Revenue, has released Notification No. 71/2024-Customs (N.T.), dated October 29, 2024, revising…
Reduction in MRP of Three Anti-Cancer Drugs Due to Custom Duty Exemption and Lower GST
📅 Date: October 29, 2024📂 Categories: #GST #PharmaNews⌛ Read Time: 4 Min The Ministry of Chemicals and Fertilizers announced that the National Pharmaceutical Pricing Authority (NPPA) issued an office memorandum…
CICU Appeals to Punjab Govt to Clear Backlog of GST and VAT Refunds
📅 Date: October 29, 2024📂 Categories: #GST #PunjabNews #Business⌛ Read Time: 4 Min The Chamber of Industrial and Commercial Undertakings (CICU) has urged the Punjab government to expedite pending Goods…
ED Conducts Fresh Searches in Gujarat GST Fraud Case Involving Alleged Benami Firm DA Enterprises
📅 Date: October 29, 2024📂 Categories: #EnforcementDirectorate #GST #Fraud #Gujarat⌛ Read Time: 4 Min The Enforcement Directorate (ED), in its ongoing investigation into a nationwide GST fraud, conducted a second…
CBDT Chairman Ravi Agrawal Urges Income-Tax Department to Focus on a ‘Responsive and Fair’ Tax Administration
📅 Date: October 29, 2024📂 Categories: #CBDT #TaxNews⌛ Read Time: 4 Min CBDT chairman Ravi Agrawal has called on Income-Tax Department officials to continue enhancing the administration to make it…
SGST Investigates Income Tax Evasion by 35 Gold Firms in Thrissur
📅 Date: October 29, 2024📂 Categories: #TAXNews #GST #IncomeTax⌛ Read Time: 4 Min The State Goods and Services Tax (SGST) department has revealed suspicions of income tax (I-T) evasion by…
Delhi’s Earnings from GST and VAT Show Marginal Increase
📅 Date: October 28, 2024📂 Categories:GSTRecentNews DelhiTaxUpdate⌛ Read Time: 4 Min The first half of the 2024-25 fiscal year saw a 6.4% rise in Delhi's Goods and Services Tax (GST)…
GST Return Filing Deadline Approaches: Submit Pending Returns Before 3-Year Cutoff
📅 Date: October 29, 2024📂 Categories: #GSTRecentNews #TaxUpdate⌛ Read Time: 4 Min The Goods and Services Tax Network (GSTN) has announced a significant change: starting early 2025, filing of certain…
Tax Experts Urge for Faster Appeals, MSME Relief, and Selective Case Settlement
📅 Date: October 28, 2024📂 Categories: #TaxNews #FinanceUpdate⌛ Read Time: 4 Min Tax experts have emphasized the need for expedited appeal resolutions, reduced compliance for MSMEs, and provisions for settling…