Mock Test Papers Series - I & II for CA Final & Intermediate Nov 2023 Exams
Mock Test Papers Series - I & II for CA Foundation Dec 2023 Exams
Kerala GST Department has issued a Standard Operating Procedure (SOP) for monitoring ineligible IGST input tax credit (ITC) reversal by taxpayers in return form GSTR 3B. The SOP was issued on August 21, 2023.
Taxpayers have the flexibility to choose between the new and old tax regimes based on their financial circumstances and tax-saving preferences. If individuals find that the new regime is more beneficial for them, they can switch to it.
The key issue revolves around whether the 28% GST should be applied to the full face value of bets only at the entry level or at every stage of betting.
The 'Mera Bill Mera Adhikar' invoice incentive scheme is an initiative launched by the Indian government to encourage customers to request bills for their purchases and to promote the use of genuine invoices in business-to-consumer transactions.
The Income tax (Eighteenth Amendment), Rules, 2023 was notified by the Central Board of Direct Taxes (CBDT) on August 18, 2023. These rules amend the Income-tax Rules, 1962, with effect from September 1, 2023.
The Income-tax (Seventeenth Amendment) Rules, 2023 was notified by the Central Board of Direct Taxes (CBDT) on August 17, 2023. The amendment has made changes to the Income-tax Rules, 1962
The Noida Police has issued non-bailable warrants against 10 people for defrauding the government of ₹15,000 crore by using fake input tax credit (ITC) documents.
A 50-year-old man from Nerul, Navi Mumbai, has been arrested by the anti-evasion cell of the Central GST Belapur Commissionerate for his alleged role in a Rs 147 crore GST invoice scam
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