By: AdminMay 23, 2024Categories: MCA|News4 Min Read The corporate affairs ministry on Wednesday slapped fines on Microsoft-owned LinkedIn India, Satya Nadella and eight other individuals for violation of the significant…
Pulses imports from more countries likely; Reports
By: AdminMay 23, 2024Categories: export import|News4 Min Read India is aiming to import pulses from several countries including Brazil, Argentina, Australia and African countries to augment domestic supplies aimed at…
CBDT notified the income tax exemption to “Tamil Nadu Water Supply and Drainage Board, Chennai” u/s 10(46) of the IT Act
By: AdminMay 23, 2024Categories: CBDT Notification|Notification And Circular4 Min Read The CBDT vide Notification No. 43/2024 dated May 22, 2024, has notified the income tax exemption to the “Tamil Nadu…
CBIC; Disposal of Unmanned Aircraft Systems (UAS)/Unmanned Aerial Vehicles Systems (UAV)/Remotely Piloted Aircraft Systems(RPAS)/ Drones
By: AdminMay 23, 2024Categories: CBIC|Notification And Circular>Customs4 Min Read The CBIC issued Circular No. 05/2024-Customs dated May 22, 2024 for regarding the Disposal of Unmanned Aircraft Systems (UAS)/Unmanned Aerial Vehicles…
Odisha GST Dept. mandates Assessments for Specified Dealers under Section 42A of the OVAT Act – April 2022 – March 2023
By: AdminMay 23, 2024Categories: State GST Notification and Circular4 Min Read The Odisha GST Department issued Notification No. 6963/CT dated May 20, 2024 mandating the assessment of specified dealers under…
Service tax leviable on services rendered by the Advocate and Senior Advocate under Reverse Charge
By: AdminMay 23, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Karnataka High Court in the case of Prashanth Sreedhar Shenoi v. Assistant Commissioner (Central Tax) Bangalore [Writ Petition No. 26096/2022…
Assessee cannot be adjudicated by the CGST, assigned to SGST authority or vice-versa
By: AdminMay 23, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Madras High Court in Ram Agencies v. Assistant Commissioner of Central Tax [W.P. (MD) NO. 8674 of 2024 and W.M.P…
RBI announces record dividend of ₹2.11 lakh crore to Government for FY24
By: AdminMay 22, 2024Categories: Press Release|RBI4 Min Read The Reserve Bank of India has announced a record dividend of ₹2.11 lakh crore to the Government of India for the financial…
Green energy research report calls for GST cut on hydropower, wind projects
By: AdminMay 22, 2024Categories: GST Recent News4 Min Read A study by the Institute of Energy Economics and Financial Analysis (IEEFA) and JMK Research has listed out a series of…
GST evasion in construction, works contracts exceeds ₹10,000 crore in FY24
By: AdminMay 22, 2024Categories: GST Recent News4 Min Read As the Narendra Modi government plugs Goods and Services Tax (GST) leakage across the country, over ₹10,000 crore of evasion has…