In a significant update for e-commerce operators, the Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 240/34/2024-GST, dated December 31, 2024.
CBIC has issued Circular No. 241/35/2024-GST dated December 31, 2024, addressing input tax credit (ITC) eligibility under clause (b) of sub-section (2) of Section 16 of the Central Goods and Services Tax (CGST) Act, 2017.
ICAI President Message for the month of January Jan 2025
The Board of Studies (BOS) of the Institute of Chartered Accountants of India (ICAI) has announced the launch of additional Self-Paced Online Modules (SPOM) under SET C and SET D.
With Budget 2025 on the horizon, Finance Minister Nirmala Sitharaman has addressed criticisms over taxation policies, offering a robust defense of her government's initiatives while acknowledging the challenges faced by the middle class.
The Income Tax Department has clarified that it has no plans to use data from the DigiYatra app to monitor tax evasion, addressing speculation fueled by recent media reports.
Tax exemptions for the middle class, reduction in excise duties on petrol and diesel, and an increased focus on public capital expenditure (capex) emerged as key suggestions during Pre-Budget discussions held on Monday.
Starting January 1, 2025, transporting gold worth more than ₹10 lakh in Kerala will require an e-way bill, as announced by State GST Commissioner Ajith Patil.
Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Arunachal Pradesh
CBDT has announced an extension for furnishing belated or revised income tax returns for the AY 2024-25. Originally set for Dec 31, 2024, the due date for submitting these returns has now been extended to January 15, 2025.
All Subjects Combo (Regular Batch) Jan & May 26