GST Portal: Increase in size of documents upload in Principal Place of Business and Additional Place of Business for New Registration and Amendment
The Ministry of Corporate Affairs (MCA) has issued General Circular No. 05/2024 on July 6, 2024, announcing an extension of the deadline for filing Web-form PAS-7.
As the 2024-25 Budget presentation by Finance Minister Nirmala Sitharaman approaches on July 23, the jewellery industry is eagerly anticipating potential duty cuts on gold, silver, diamonds, and platinum.
As FM prepares to present the Union Budget 2024-25 on July 23, senior citizens are keenly anticipating several potential announcements that could significantly impact their financial well-being.
Explore potential amendments in Budget 2024 to advance tax provisions under Section 234C of the Income-tax Act, which could ease the financial burden on gig workers, freelancers, and new entrepreneurs.
GSTN announced an update on July 5, 2024, that the GST payment facility is now available through UPI, credit cards, and debit cards in West Bengal.
CBDT has issued new guidelines via F.No.299/10/2022-Dir(Inv.III)/1522 dated June 26, 2024. These guidelines are set to bring clarity and consistency in the handling of cases involving income that has escaped assessment.
The Anti-Corruption Bureau (ACB) has arrested three individuals in connection with a ₹175 crore Goods and Services Tax (GST) refund scam.
The government is considering a proposal to increase the tax-deductible amount on interest earned from savings accounts to ₹25,000, sources familiar with the matter revealed.
The Pre-Budget consultations for Union Budget 2024-25 that started from 19th June 2024 onward in the Ministry of Finance and chaired by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, concluded on 5th July 2024.