Among the 23,374 taxpayers who have consistently reported a turnover of less than Rs 20 lakh for over three years, 19,277 have failed to file their returns since registration
9 ports witnessed reduction in average release time with a significant 50 percent reduction in case of Integrated Check Posts (ICPs) and 6 percent reduction in case of Air Cargo Complex (ACCs) Y-o-Y
Overview of the IssueAfter a recent update to the tax-filing utility on the income tax portal this month, many taxpayers are facing the unexpected issue of being denied a valid rebate of up to Rs 25,000 under the new tax regime.
The Central Board of Direct Taxes (CBDT) has awarded the Taxnet 2.0 project to M/s Bharti-Airtel Ltd for providing network connectivity, facility management services and video conferencing services to the Income Tax Department (ITD)
The ICAI has requested the allowance of a rebate under Section 87A of the Income-tax Act on short-term capital gains chargeable under Section 111A and long-term capital gains chargeable under Section 112.
The Institute of Chartered Accountants of India (ICAI) has announced the empanelment of its members to act as observers at examination centres for the upcoming CA examinations scheduled in September and November 2023.
The Ministry of Corporate Affairs (MCA) has issued Notification No. G.S.R. 413(E) dated July 16, 2024, announcing the Nidhi (Amendment) Rules, 2024.
The Ministry of Corporate Affairs (MCA) has issued Notification No. G.S.R. 414(E) dated July 16, 2024, announcing the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024.
The Ministry of Corporate Affairs (MCA) has issued Notification No. G.S.R. 411(E). dated July 16, 2024, announcing the Companies (Incorporation) Amendment Rules, 2024.
MCA has issued General Circular No.06/2024 dated July 16, 2024, announcing the waiver of additional fees for filing various IEPF (Investor Education and Protection Fund) e-forms and e-verifications.
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