Crypto Assets in India: Govt. to Bring Crypto Under GST Regime Soon

The sources said that the government plans to bring the crypto assets…

India Ratings Increases FY23 Bank Credit Growth to 13%

On Monday, India Ratings and Research raised its credit growth expectation to…

No GST Council meet in Sept ’22 due to delay in GoMs’ reports amid inflationary concerns

The GST Council was initially supposed to meet in the mid of…

CBIC Developed an Online Monitoring System to Oversee GST Audits

The Central Board of Indirect Taxes and Customs (CBIC) has developed a…

Issuance of bonus/ right shares by public company and loan settlement by banks will not attract TDS: CBDT

Section 194R was introduced with effect from 1st July 2022 to deduct…

Centre Revises Small Company Definition To Ease Compliance Burden

The Ministry of Corporate Affairs (MCA) has revised the paid-up capital and…

Ensure to note ITC changes in GSTR-3B of August 2022

You must note a crucial change while preparing GSTR-3B for August 2022.…

Karnataka AAR: Works Contract Services to Slum Development Board Attracts 18% GST

Karnataka Authority of Advance Ruling (AAR) has ruled that works contract services…

New facility by NIC as the e-way bill becomes mandatory for gold

On 12th September 2022, the National Informatics Centre (NIC) released an update…

CBIC Releases Circular on Re-opening of Transitional ITC Claims Window

Following the Supreme Court’s order, the Central Board of Indirect Taxes and…