The Ministry of Corporate Affairs (MCA) has moved a step forward by centralising the strike off process of companies with the establishment of the Centre for Processing Accelerated Corporate Exit (C-PACE).
The Finance Industry Development Council, a representative body of NBFCs in India, has requested the Reserve Bank of India (RBI) not to classify penal interest as 'charges' due to potential tax implications.
Dark clouds loom over the post-probe move against online gaming companies by GST Authorities after a ruling by Karnataka High Court in the Gameskraft matter.
The central government's rollout of automated scrutiny of Goods and Services Tax (GST) returns this week could lead to assessees getting notices in cases where there are data mismatches between different types of tax returns, said experts.
Industrialists, who had been asking GST departments to take action against the rising menace of bogus billing, have welcomed the central government’s move on holding a special all-India drive
Ministry of corporate affairs has introduced fresh conditions for companies that wish to de-register with the RoC.
Finance Minister Nirmala Sitharaman stressed the government’s priority to incentivise and encourage expenditures in India through production-linked incentive (PLI) schemes
India is taking steps to impose tax on income generated by Netflix Inc's from streaming services in the country.
Excel Utility of ITR-2 for AY 2023-24 is available for filing
The Directorate General of GST Intelligence (DGGI) and Directorate of Revenue Intelligence (DRI) have detected alleged Integrated GST evasion to the tune of ₹11,000 crore by 24 large importers.
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