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GST APPEAL WITHDRAWAL
Just few days before deadline govt amends GST Amnesty Scheme under Section 128A to give relief to these GST registered taxpayersGST Amnesty Scheme: March 31, 2025 is the deadline to pay the tax demand dues. June 30, 2025 is the deadline to apply for GST Amnesty Schem...
New GST amnesty scheme notified: Waiver of interest and penalty on GST tax demand for eligible taxpayers to be effective from November 1, 2024Waiver of GST tax demand interest and penalty: The Ministry of Finance has notified the rules and conditions to follow if you need to use 1...
Plan today, relax tomorrow: The benefits of NPS for your golden yearsThe National Pension System (NPS) is crafted to provide retirees with a steady financial foundation. It combines market-linked returns with...
New update on GST Amnesty Scheme waiver of penalty and interest: These taxpayers need to withdraw their appeal and then apply for the schemeGoods and Service Tax: In a new advisory dated January 14, 2025 GSTN said certain taxpayers are are advised to submit their request for wit...
Regulatory tech companies fear 25% knock-on hit from gaming GSTA 28% GST on gaming will push up operational costs for many platforms, which will be passed on to users. While this might not get people to...
Oppn asks govt to acknowledge problem of price rise to fix it, BJP puts blame on global changesThe inflation is ruling at 7 per cent now and not yet reached the double-digit level like in the previous United Progressive Alliance (UPA)...
GST on pre-packed labelled food items to increase traders' compliance burden, raise prices: CAITCAIT Secretary General Praveen Khandelwal said that to protest against this decision of the GST Council, the traders' delegation will meet ...
Govt should roll back Agnipath scheme; not play with national security, thrust youth into fire: CongressUrging the protesters to be patient and not resort to violence, Rajya Sabha MP Deepinder Singh Hooda asked the government to apologise to t...
GST: From rate rationalisation to reduction in compliance burden, what to expect from indirect taxes in 2022The Government has made many changes with respect to self-certification of audit reports, creating a compliance driven process through inte...
FHRAI urges Sebi again to suspend OYO's IPO processEarlier in October, FHRAI had urged Sebi to suspend OYO's IPO process, drawing attention to irregularities, such as being engaged in anti-c...
Withdraw customs duty and agri cess on cotton: SIMA appeals Finance MinisterAt present, import of cotton attracts a 5 per cent basic customs duty and another 5 per cent AIDC.
Finance Secretary says legacy cases, appeals too will be handled under new ‘faceless’ regimeSpeaking at a webinar on ‘Faceless Taxation’ jointly organised by ETMarkets and Ficci, Dr Pandey said taxpayers would not have to go to the...
GST portal updates: 11 new features on GSTN that you need to be aware ofTax filers who file their returns quarterly now do not have to wait for the quarterly filing of refund applications too. The portal has ena...
One-time settlement of VAT, excise disputes in the worksThe scheme, if approved, would allow officials to focus on GST compliance instead of dealing with legacy issues and could also generate ins...
What CII President Shobana Kamineni wants from Budget 2018: 6% of GDP on education, 2.5% on healthcareKamineni feels that India needs to invest in human development to best leverage its demographic dividend.
- Multiplexes in Tamil Nadu go on strike against levy of local body tax
Incidentally, the Greater Chennai Revenue Department has ordered levying of 10 per cent entertainment tax on Tamil films and 20 per cent on...
Income Tax department's noose tightens on offenders in 2015; simpler laws in offingSumming up the year, Adhia said the thrust of the reform of tax department is to have non-adversarial, non-intrusive, and still an effectiv...