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GST SRM-II Form Release: Key Filing Information for Pan Masala and Tobacco Manufacturers

   08 June 2024 at 09:12

Filing of information by manufacturers of Pan Masala and Tobacco taxpayersPlease refer to the notification Notification No. 04/2024 - Central Tax dated 05-01-2024 to seek information from taxpayers dealing in the goods mentioned therein. Two forms ha

Posted in GST |   51 Views


Famous Ice-Cream Brands from Surat Under SGST Scanner for Cash Transactions

   08 June 2024 at 09:09

The State Goods and Service Tax (SGST) department in Surat has delved into the financial dealings of renowned ice-cream brands, including Bismillah and 51-Rainbow, unearthing serious irregularities.

Posted in GST |   54 Views


ICAI Seeks AI Proposals: Invitation to AI Firms for Finance and Accounting Solutions

   08 June 2024 at 08:59

The AI Committee of ICAI invites unconditional Expressions of Interest (Technical Proposals) from experienced AI companies that have developed AI tools for finance, accounting, tax compliance, legal document drafting, and AI similar services.

Posted in Professional Resource |   612 Views


Repo Rate Unchanged at 6.5% as RBI Elevates FY25 GDP Growth Outlook to 7.2%

   07 June 2024 at 15:55

RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast

Posted in Others  1 comments |   84 Views


Major Relief for Taxpayers: CPC (TDS) Reprocesses TDS Returns for FY 2023-24

   07 June 2024 at 09:20

In a notable development, the Centralized Processing Cell (TDS) has reprocessed TDS returns for the fiscal year 2023-24, effectively removing short deduction demands.

Posted in Income Tax  1 comments |   4983 Views


MCA Collaborates with Bharat Kosh to Resolve Payment Issues on MCA 21 Portal

   07 June 2024 at 09:18

In a proactive effort to address recent payment issues on the MCA 21 Portal, the Ministry of Corporate Affairs (MCA) technical team has partnered with Bharat Kosh.

Posted in Corporate Law  2 comments |   150 Views


MSME Portal Temporarily Halts Udyam Registration and Migration Amid Technical Upgrades

   07 June 2024 at 09:17

The MSME Government Portal has informed all users that the registration and migration services via the Udyam Portal are temporarily halted due to technical issues.

Posted in Corporate Law  1 comments |   135 Views


Supreme Court's Verdict on Tax Audit Limits: Implications for CAs and MSMEs

   06 June 2024 at 14:50

The Hon'ble Supreme Court of India delivered a significant judgment on May 17, 2024 in the case related to Tax audit limit under Section 44AB of Income Tax Act,1961

Posted in Professional Resource  1 comments |   573 Views


RBI: Rs 7755 Crore in Rs 2000 Notes Still with Public

   06 June 2024 at 08:56

The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹7755 crore at the close of business on May 31, 2024.

Posted in Others  2 comments |   225 Views


CBIC Chairperson inaugurates GST Bhawan at Rohtak, Haryana

   06 June 2024 at 08:50

Shri Sanjay Kumar Agarwal, Chairman, Central Board of Indirect Taxes and Customs (CBIC), inaugurated the GST Bhawan, an official complex of CGST Rohtak Commissionerate at Rohtak, Haryana.

Posted in GST  1 comments |   141 Views