A Money Laundering is a global activity and found all over world, a money launderer earn cash or funds from smuggling, human trafficking, bribe, corruption and from anti national activities. The fund generated through these activities generally not come into mainstream and generally utilised for terrorist and anti-social activities.
The 1st GST Council meeting under the 3rd term of Shri Narendra Modi's NDA government was expected to bring relief to some painful aspects of GST law, and t..
The 53rd GST Council Meeting was held on 22nd June 2024, wherein the focus was on discussing matters concerning Trade Facilitation & Providing Relief to Taxpayers. Key Recommendations made by the council like waiver of interest & penalty for a specified period & Introduction of GSTR 1A will surely be music to the ears of the taxpayers.
This article aims to give bird view of the various options through which a company may be able to close/wind up its operations in India, along with the practical considerations that may be applicable while exercising these options
The Income Tax Department gave an important update regarding the Validation of Bank Accounts. The Department took to X (formerly known as Twitter) to bring the taxpayers' attention to the necessity of validating bank accounts for the smooth receipt of refunds.
This article explores these future opportunities, highlighting emerging trends, new fields, and expanding roles for Chartered Accountants.
The recent meeting held on June 22, 2024, has resulted in a series of significant amendments and recommendations aimed at providing relief and clarifications to taxpayers under the Goods and Services Tax (GST) regime.
The 53rd meeting of the GST Council, chaired by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, took place in New Delhi with significant participation from various state and union territory representatives.
These amendments will take effect from April 1, 2024, and will, accordingly, apply in relation to the assessment years 2024-2025 and subsequent assessment years.
In this article, we will discuss how to decode Form 16 and obtain the TDS certificate password to file income tax returns.