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News & Events

25/12/2024
NFRA slaps Rs 2 crore fine on Deloitte Haskins for lapses in ZEEL Audit
NFRA flags deficiencies in BSR & Co's audit of Related Party Transactions
Income tax rate cut in Budget: Top economists urge Modi to lessen burden for Indians
Popcorn, in loose form, sold in movie theatres to attract 5% GST
Higher GST of 18% will impact individuals and businesses
NFRA penalises Deloitte Haskins & Sells LLP, 2 Auditors for lapses in ZEEL Audits
24/12/2024
Union Budget 2025: Sitharaman May Introduce a New Customs Playbook; tweaks to turn tariffs into treasure
ICAI to have 11 centres of excellence in three years
ICAI expects to finalise international networking guidelines for CA firms this fiscal
GST Advisory for Entry of Receipt Numbers Pertaining to Leased Wagons in the E-Way Bill System
23/12/2024
Income tax dispute: Avail Vivad Se Vishwas scheme before December 31, 2024 to pay lower tax Amount
GST Council clears "track and trace" Mechanism, Cigarettes and Pan Masala likely first Targets
22/12/2024
Recommendations of the 55th Meeting of the GST Council
21/12/2024
GST Council declared that voucher transactions will not be subject to GST
RBI imposes Rs 27.30 lakh penalty on IndusInd Bank
RBI Prioritizing inflation control amid slowing Economic Growth
10% Tax Instead of 5% on Dividend Income from January 1, 2025 in Switzerland
GST E-Way Bill rules changed; Buyers’ Input Tax credit is at risk if seller does not follow these new Rules
Defers insurance overhaul, recommends 18% tax on used EVs and Smaller Cars
GST Council Defers Decision on Insurance Tax Cuts Amid Lack of Consensus Among States
GST Council meeting of the of the indirect tax began
Pre-Budget Consultation: States seek more fiscal support for capex plans
Rate cut would help in reviving economic growth without worsening the inflationary situation

Notifications/Circulars

17/12/2024
Guidance Note 2/2024 on provisions of the Direct Tax Vivad se Vishwas Scheme, 2024 - reg.
09/12/2024
Credit Flow to Agriculture – Collateral free agricultural loans
Maintenance of Cash Reserve Ratio (CRR)
Interest Rates on Foreign Currency (Non-resident) Accounts (Banks) [FCNR(B)] Deposits
04/12/2024
Extension of time for filing Forms to monitor liquidation and voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
Implementation of Section 51A of UAPA,1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 03 Entries
Amendment to Framework for Facilitating Small Value Digital Payments in Offline Mode
03/12/2024
Inoperative Accounts / Unclaimed Deposits in banks
11/11/2024
Operational framework for reclassification of Foreign Portfolio Investment to Foreign Direct Investment (FDI)
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