On Wednesday, the Lok Sabha marked a significant milestone in India's fiscal landscape by passing the Finance Bill 2024, effectively concluding the legislative process for the interim budget 2024-25.
In a bid to address the escalating crisis involving Paytm's banking arm, Paytm Payment Bank (PPBL), Vijay Shekhar Sharma, the founder and CEO of Paytm, held a crucial meeting with Union Finance Minister Nirmala Sitharaman on February 6.
In a move towards streamlining tax procedures and enhancing transparency, the Income Tax Department has introduced significant changes to income tax return (ITR) forms, effective April 1, 2024.
In a bid to enhance convenience and accessibility for taxpayers, the Goods and Services Tax (GST) portal has rolled out a significant update, now allowing GST payments through Credit Cards and Debit Cards.
In a shocking development, the Anti-Corruption Bureau (ACB) of Maharashtra has initiated legal proceedings against an Assistant Commissioner of the State GST department, along with other officers, for allegedly soliciting a massive bribe of Rs 1 crore.
Issuance of SA 800 (Revised), SA 805 (Revised), SA 810 (Revised)
As India continues on its growth trajectory, the spotlight shines on the efficacy of its tax policies, particularly the Goods and Services Tax (GST).
ICAI has declared the CA Foundation results for the exams held in Dec 2023
The Institute of Chartered Accountants of India has declared the results for the Dec 2023 CA Foundation Exams.
The government is contemplating eliminating the flexibility for buyers and sellers to revise their output liability by locking invoices and removing the edit option in the next financial year, as revealed by Revenue Secretary Sanjay Malhotra.
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