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Parliamentary Panel Questions MCA on NFRA's Performance, Budget Utilisation & Audit Oversight
18 February 2025 at 08:53The Standing Committee on Finance, chaired by BJP MP Bhartruhari Mahtab, has sought detailed written responses from the Ministry of Corporate Affairs (MCA) regarding the functioning of the National Financial Reporting Authority (NFRA)
Biometric Aadhaar Authentication for GST Registration Now Live in Jharkhand & Andaman & Nicobar
18 February 2025 at 08:50Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Jharkhand and Andaman and Nicobar Islands
ICAI Invites Contributions to Self-Paced Online Module Exam Question Bank
18 February 2025 at 08:49The Institute of Chartered Accountants of India (ICAI) has invited contributions from Chartered Accountants and subject-matter experts for its Self-Paced Online Module Examinations under the New Scheme of Education and Training.
Tax Deductions for Political Donations: Individual Taxpayers Outpace Corporates
18 February 2025 at 08:34The revenue impact of tax deductions availed by individual taxpayers for donations to political parties has witnessed a sharp surge post-Covid-19, surpassing corporate contributions in the two financial years leading up to the 2024 Lok Sabha election
CBIC Clarifies GST Rates on Popcorn
18 February 2025 at 08:34The Central Board of Indirect Taxes & Customs (CBIC) has issued a clarification on GST rates applicable to different categories of popcorn, settling ongoing disputes over tax interpretation. The board has also regularised rate disputes on specifi
ICAI Opens Empanelment for Observers for CA Exams May 2025
18 February 2025 at 08:34The Institute of Chartered Accountants of India (ICAI) has invited applications for the empanelment of members to act as observers at the examination centers for the Chartered Accountants Examinations, May 2025.
Income Tax Bill 2025 Aims to Simplify NRI Taxation, Provide Clarity
17 February 2025 at 07:42The Income Tax Bill 2025 seeks to create a more transparent and efficient tax framework for Non-Resident Indians (NRIs) by addressing long-standing concerns and reducing litigation risks, according to tax experts.
28% GST Impact: Dream11 CEO Warns of Massive Shutdowns in Online Gaming Sector
17 February 2025 at 07:42The Indian online gaming industry is at a critical juncture, with Dream11 co-founder and CEO raising concerns over the government's retrospective GST demands exceeding ₹1.1 lakh crore.
GST Council Mulls Tax Rate Cuts, Considers Eliminating 12% Slab to Boost Consumption
17 February 2025 at 07:37The Goods and Services Tax (GST) Council is reportedly considering a reduction in tax rates on select items to stimulate consumption while maintaining revenue stability, according to a report citing sources familiar with the discussions.
FM Responds to Jaya Bachchan: GST on Movie Tickets Slashed from 28% to 18%
17 February 2025 at 07:37Responding to concerns raised by MP and former actor Jaya Bachchan, Sitharaman emphasized that GST has significantly reduced the tax burden on the film industry compared to the pre-GST era.
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