CBIC introduces amendments to GST Rules, 2025, enabling composition taxpayers to furnish key information in FORM GST CMP-02. These changes aim to simplify compliance and improve transparency in the GST framework.
The Central Board of Indirect Taxes and Customs (CBIC) has amended GST Rules, 2025, introducing a Temporary Identification Number (TIN) for individuals or entities not liable for GST registration but required to make payments under the Act.
As a measure to promote investment and employment, Finance (No. 2) Act, 2024 inter alia provided a presumptive taxation regime for non-residents, engaged in the business of operation of cruise ships.
As the Union Budget approaches, the Small and Medium Enterprises (SMEs) and Micro, Small, and Medium Enterprises (MSMEs) - the backbone of India's economic growth and employment generation are pinning their hopes on strategic reforms
The Goods and Services Tax Network (GSTN) has addressed and resolved an issue concerning duplicate entries in GSTR-2B for certain taxpayers. A corrected GSTR-2B has now been generated.
Implementation of mandatory mentioning of HSN codes in GSTR-1 & GSTR 1AAfter successful implementation of Phase-I & Phase-II now Phase-III regarding Table 12 of GSTR-1 & 1A is being implemented, from return period February 2025.
In a significant move, the Institute of Chartered Accountants of India (ICAI) has announced the extension of deadlines for Phases III and IV of the mandatory Peer Review Mandate.
As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025 on February 1, industry experts are eyeing significant reforms to propel India toward its ambitious goal of "Insurance for All" by 2047.
Industry insiders and experts are urging the Union Budget 2025 to introduce tax incentives and simplify the tax structure to enhance the appeal of Real Estate Investment Trusts (REITs) as a viable investment option.
The Greater Chennai Police on Saturday announced the arrest of two men who posed as officials from the Income Tax (I-T) and Goods and Services Tax (GST) departments.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
