CBDT, through Notification No. 121/2024 dated November 25, 2024, has officially designated the SKAN Research Trust as a 'Research Association' for the purpose of conducting scientific research u/s 35(1)(ii) of the IT Act, 1961
The recommendations of the Group of Ministers (GoM), tasked with examining GST issues related to life and health insurance, will be reviewed by the GST Council once submitted, Parliament was informed on Monday.
The Institute of Chartered Accountants of India (ICAI) through its Committee on AI in ICAI launched CA GPT-Industry Forum comprising of annual reports of 5,000 listed companies for the fiscal year 2023-24.
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Shri Narendra Modi, has given its approval for the PAN 2.0 Project of the Income Tax Department.
In a significant move, the Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 27/2024-Central Tax, dated November 25, 2024, revising the powers of Additional and Joint Commissioners under the GST framework.
It is hereby announced for general information that in view of Makar Sankranti/Bihu/Pongal festivals across India, CA Foundation Examination, January-2025 the said examination dtd 14th January 2025 stands rescheduled to 16th January 2025
Slowing consumption trends in recent months have begun to affect GST collections in India, with several states, particularly in South India, reporting subdued growth.
The Ludhiana police have registered a case against 15 unidentified individuals following the October 9 assault on three residents of Khanna at the Kesar Ganj market.
The Income Tax Department has issued a circular revising the time frame for taxpayers to claim refunds for old returns.
The Indian government is actively exploring the introduction of an arbitration mechanism to address tax disputes, a move aimed at easing the litigation burden on both taxpayers and officials.
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