By: AdminJune 28, 2024Categories: GST Council | Notifications4 Min Read The Office of the GST Council has issued Office Memorandum vide F.No.GoM-RealEstateSector/GSTC/2021 dated June 24, 2024 announces the appointment of…
53rd GST Council’s proposed mechanism on post-sale discounts to benefit stakeholders across various sectors
By: AdminJune 28, 2024Categories: GST Recent News4 Min Read Stakeholders across sectors, including FMCG, infrastructure, electricals, electronics, furniture, and jewellery, are expected to benefit from the implementation of a clarification…
Five-years extension expected for export credit scheme for India’s export sectors
By: AdminJune 27, 2024Categories: export import|News4 Min Read The Indian government is considering extending a crucial export credit support scheme to boost the competitiveness of the country's export sector, which…
Uttarakhand: Assistant Commissioner of State GST Department arrested while taking bribe
By: AdminJune 27, 2024Categories: GST Recent News4 Min Read Uttarakhand Vigilance Department arrested Assistant Commissioner of State GST Department Shashikant Dubey red-handed while accepting a bribe of Rs 75,000 from…
GST clarification to make India’s maintenance and repair and overhaul (MRO) industry competitive
By: AdminJune 27, 2024Categories: GST Recent News4 Min Read The aircraft maintenance and repair industry in India is set to benefit from a recent revision of Goods and Services Tax…
Why the GST Council recommended biometric-based Aadhaar authentication for new registrations: Explained
By: AdminJune 27, 2024Categories: GST Recent News4 Min Read The story so far: On June 22, the GST council recommended introducing biometric-based Aadhaar authentication for GST registrations, in a phased…
Now make GST Payments through HDFC Bank, through UPI and Debit card/Credit card; Total States/UTs is 16
By: AdminJune 27, 2024Categories: GST Law|GST Portal Updates|Important News4 Min Read The GSTN issued an Update dated June 27, 2024, stating that now make GST Payments through HDFC Bank Payment…
General insurance sector gets Rs 18,000 crore GST bonanza
By: AdminJune 27, 2024Categories: GST Recent News4 Min Read Ahead of the Union Budget, the general insurance sector has received a bumper relief amounting to over Rs 18,000 crore with…
Income Tax Department Releases Complete Income Tax Act, 1961 in PDF form, as amended by the Finance Act, 2024
By: AdminJune 26, 2024Categories: Important News|Income Tax News4 Min Read The Income Tax Department has issued the complete Income Tax Act, 1961 in PDF format, as amended by the Finance…
GST waiver for net components will boost sea food exports
By: AdminJune 26, 2024Categories: GST Recent News4 Min Read Owners of mechanised boats and fishermen feel let down by the Central government as the Finance Ministry has ignored their longstanding…