In a significant development, the Income Tax Department has levied a substantial penalty of Rs 84 crore on the Life Insurance Corporation (LIC) relating to three assessment years.
Advisory: e-Invoice JSON download functionality Live on the GST e-Invoice Portal
GSTN has enabled Form DRC-01C to deal with ITC mismatches between GSTR 2B and GSTR 3B
The All India Gaming Federation (AIGF) has reportedly reached out to the finance ministry requesting the suspension of the 28 percent Goods and Services Tax (GST) notification on online gaming that was set to go into effect on October 1.
The Union government has granted a nine-month extension to Nitin Gupta, who is the Chairperson of the Central Board of Direct Taxes (CBDT).
More than 30 lakh Audit Reports filed on Income Tax Department's e-filing portal till 30th September, 2023
₹1,62,712 crore gross GST revenue collected during September 2023; records 10% Year-on-Year growth
Igniting the Aspirations of Future Finance Leaders - ICAI creates Guinness World Record
As the period specified for the withdrawal has come to an end, and based on a review, it has been decided to extend the current arrangement for deposit / exchange of ₹2000 banknotes until October 07, 2023
Extension of last date for payment of Membership /COP fee for the year 2023-24 to 31st October, 2023.