On September 7, 2024, Life Insurance Corporation of India Ltd. (LIC) disclosed receiving substantial GST penalties totaling ₹230 crore from authorities in Telangana and Tamil Nadu. This development adds to…
DGGI Issues ₹220 Crore GST Notices to Seven Major Institutes
Overview of DGGI GST Notices Recently, the Directorate General of GST Intelligence (DGGI) issued GST show-cause notices totaling ₹220 crore. These notices were sent to seven prominent educational institutions in…
GSTN Issues Advisory on Mandatory Bank Account Details for Filing GSTR-1/IFF
By: Admin | August 23, 2024 | Categories: GST Portal Updates | Important News | 4 Min Read The Goods and Services Tax Network (GSTN) has released Advisory No. 513…
Supreme Court Allows States to Recover Past Tax Dues on Mineral Rights Post-2005
By: AdminDate: August 14, 2024Category: Tax NewsRead Time: 4 Minutes The Supreme Court of India has ruled that states now have the authority to recover past tax dues on mineral…
Salaried Employees’ Choice of Tax Regime for FY 2024-25: What You Need to Know
By: Admin |August 10, 2024 | Categories: Income Tax News|News Why Salaried Employees Should Have the Option to Choose Their Tax Regime for TDS in FY 2024-25 Changes in the…
Maruti Suzuki India Gets Tax Demand of Rs 779.2 Cr from I-T Authorities
By: Admin | July 27, 2024 | Categories: Income Tax News Automaker Maruti Suzuki India Ltd (MSIL) announced on Friday that it has received a demand of Rs 779.2 crore,…