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News & Events

22/12/2024

Recommendations of the 55th Meeting of the GST Council

21/12/2024

GST Council declared that voucher transactions will not be subject to GST

RBI imposes Rs 27.30 lakh penalty on IndusInd Bank

RBI Prioritizing inflation control amid slowing Economic Growth

10% Tax Instead of 5% on Dividend Income from January 1, 2025 in Switzerland

GST E-Way Bill rules changed; Buyers’ Input Tax credit is at risk if seller does not follow these new Rules

Defers insurance overhaul, recommends 18% tax on used EVs and Smaller Cars

GST Council Defers Decision on Insurance Tax Cuts Amid Lack of Consensus Among States

GST Council meeting of the of the indirect tax began

Pre-Budget Consultation: States seek more fiscal support for capex plans

Rate cut would help in reviving economic growth without worsening the inflationary situation

20/12/2024

RBI board reviews global, domestic Economic Situation

CAG Report Raises red Flags over Income Tax Department’s Handling of Arrears and Outstanding Demands

RBI advises states to be more prudent in managing finances

GST Council meet: Ordering from Swiggy, Zomato May Get Cheaper

SEBI makes IPO rules stricter for small firms, overhauls investment banking norms

19/12/2024

Government Appoints Rama Mohan Rao Amara as SBI Managing Director

GST Authorities, E-Gaming Companies in Race Against Time

RBI May face tougher path in Feb rate cut as Fed reshaped global monetary Policy Expectations

18/12/2024

SEBI bans You Tube Influencer with 19 Lakh - Plus Subscribers for Investment Scam; fines Rs. 9.5 Crore

Net direct tax collection grows 16.45% to Rs 15.82 lk cr so far, this fiscal

India Plans Up To 25% Temporary Tax to Curb Cheap Chinese Steel Imports

CBIC Chairman Shri Sanjay Kumar Agarwal launches new initiatives to enhance taxpayer services

GST rates on insurance: Group of Ministers submits report, Council to consider proposals

The year of the pause: - How RBI maneuvered its policy in 2024

Entry of RR No./eT-RRs in EWB system Post EWB-FOIS Integration

Error In Assessment of Income Tax Identified

GST Advisory on Updates to E-Way Bill and E-Invoice Systems

CBDT launches campaign to intimate taxpayers on mismatch in ITR filed and AIS

Notifications/Circulars

17/12/2024

Guidance Note 2/2024 on provisions of the Direct Tax Vivad se Vishwas Scheme, 2024 - reg.

09/12/2024

Credit Flow to Agriculture – Collateral free agricultural loans

Maintenance of Cash Reserve Ratio (CRR)

Interest Rates on Foreign Currency (Non-resident) Accounts (Banks) [FCNR(B)] Deposits

04/12/2024

Extension of time for filing Forms to monitor liquidation and voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.

Implementation of Section 51A of UAPA,1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 03 Entries

Amendment to Framework for Facilitating Small Value Digital Payments in Offline Mode

03/12/2024

Inoperative Accounts / Unclaimed Deposits in banks

11/11/2024

Operational framework for reclassification of Foreign Portfolio Investment to Foreign Direct Investment (FDI)

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