Implementation of New Tables 14 & 15 in GSTR-1 for E-commerce Transactions Introduction: In accordance with Notification No. 26/2022 – Central Tax dated 26th December 2022, the Goods and Services…
The Confederation of All India Traders (CAIT) has put forth crucial recommendations for Budget 2024 to bolster the MSME sector. They propose the establishment of GST coordination committees at the…
India has recently overhauled its rules on wildlife trade after four decades, with the Union environment ministry issuing a notification titled "Wild Life (Protection) Licencing (Additional Matters for Consideration) Rules,…
As part of the Viksit Bharat Sankalp Yatra initiated by Prime Minister Narendra Modi to ensure the widespread implementation of central government schemes, Amdapoor Gram Panchayat in Nizamabad District, Telangana,…
In anticipation of the interim budget in an election year, slated to be presented by Finance Minister Nirmala Sitharaman on February 1, MSME stakeholders are urging the government to address…
As the clock struck midnight on New Year's Eve, a slew of GST notices descended upon major players in India Inc, from Hindustan Unilever to ICICI Bank, HDFC Bank, and…
The introduction of the New Tax Regime under Section 115BAC of the Income Tax Act 1961 aimed at fostering electronic tax filings and transparency in Income Tax Returns. Despite a…
The Ministry of Micro, Small, and Medium Enterprises (MSME) has delegated authority to its development and facilitation offices (DFOs) in state capitals and industrial hubs for prompt redressal of Udyam-related…
In December, Goods and Services Tax (GST) collections witnessed a dip to a three-month low, reaching Rs 1.65 trillion. This decline is attributed to a slowdown in economic activities post-Diwali.…
In the dynamic regulatory landscape of 2023, several Goods and Services Tax (GST) developments unfolded, significantly impacting Micro, Small, and Medium Enterprises (MSMEs). The Economic Survey for 2022-23 highlighted the…