The Indian gaming industry is facing a major crisis after the GST Council decided to levy a 28% GST on online gaming, casinos, and horse racing.
CBDT has recently issued Circular 12/2023, dated 12 July 2023, aiming to provide much-needed clarification on the taxability of income earned by non-resident investors from offshore investments made through an Alternative Investment Fund (AIF).
Inviting Public Comments on draft amendments in the Chartered Accountants Regulations, 1988 arising out of Amendment Act 2022
Exposure Drafts of SQM 1, SQM 2, SA 220(Revised), SA 250(Revised), SA 315(Revised), SA 540(Revised), SRS 4400(Revised)
ICAI releases Applicability of Standards / Guidance Notes / Legislative Amendments etc. for Nov & Dec 2023 CA Exams
The ICAI issued the Chartered Accountants (Second Amendment) Regulations, 2023 on 7 July 2023.
The 50th GST Council meeting was held on 11 July 2023 in New Delhi.
The Income Tax Department of India has recently announced a new target for its Assessing Officers to conduct surveys and online verification of Tax Deducted at Source (TDS) in 50 cases each
Provisional figures of Direct Tax collections for FY 2023-24 register steady growth upto 9th July 2023
The government has brought the Goods and Services Tax Network (GSTN) under the Prevention of Money Laundering Act (PMLA).
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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