The ERA of ‘BAD BANK’ Begins- Budget 2021’s Most BOLD Initiative

What's a Bad Bank ? - Why Markets Go Gang-Ho ! Finance minster Nirmala Sithraman on Monday, while presenting the Union Budget for 2021-21, announced that...

Bitcoins – Income Tax, GST & International Tax Havens

Taxation of Bitcoins- Income Tax, GST, Tax Havens, Income Tax Return Disclosure and Country Wise Analysis of Tax Structure If you interested to understand the...
5 Flaws in NAA Methodology for Computing the Anti Profiteering Demands on Builders and Developers

Can Joint ITC Ledger Lead to Vast Anti Profiteering Investigation on Real Estate Developers?

Maintaining Joint ITC Register Lands Up Builder in Wider Investigation Net It is learnt recently that NAA has directed DGAP to further investigate profiteering against...
Central Scrutiny Cell & Online Hearings in MCA w.e.f 1st October, 2021

Central Scrutiny Cell & Online Hearings in MCA w.e.f 1st October, 2021

MCA i.e. Ministry of Corporate Affairs recently released a Press Release No. 1695473 dated 05th February, 2021 regarding the Implementation of MCA 21 Version...

India Get’s A New DFI – How will it Work ?

India will set up a new development finance institution called the National Bank for Financing Infrastructure and Development, Finance Minister Nirmala Sitharaman said as...

5 Key Negative Amendments in Income Tax Hidden Between the Lines

1. Time Period to File Belated / Revised Returns Reduced by 3 Months Sub-sections (4) and (5) of section 139 of the Act contain provisions...
Chartered Accountancy Exams To Be Held Thrice A Year From 2024

Chartered Accountancy Exams To Be Held Thrice A Year From 2024

New Delhi: The Council of The Institute of Chartered Accountants of India (ICAI) has taken a major decision of conducting the Chartered Accountancy (CA)...
Dream 11 Reached Massive 20 Crores Users Base Despite 28% GST Woes

Dream 11 Reached Massive 20 Crores Users Base Despite 28% GST Woes

Fantasy gaming unicorn Dream11 has clocked in 200 million registered users at a time when the real money online gaming sector is reeling under...
No Interest if GST Cash Ledger Balance Sufficient even if GSTR-3B Belated - Madras HC {Full Order}

Delhi GST Systems to go Faceless: FM Atishi

Delhi Govt to implement digitalisation and Faceless systems for Goods and Services Tax Services, hints FM Atishi Finance Minister Atishi outlined the State Government’s initiative...
Artificial Intelligence (AI) in Accounting Market Explosive Growth - List of Indian Companies

GST Rate Hikes affect Infrastructure Project Estimates in Chennai Corporation

Rising GST Rates Impact Infrastructure Project Costs in Chennai. In recent developments, the city of Chennai is witnessing a surge in the costs of vital...

Telangana Commercial Taxes Department unearths illegal GST refund of ₹25.65 crore

Telangana Commercial Taxes Department has unearthed an illegal GST (Goods & Services Tax) refund of ₹25.65 crore allegedly by three firms following searches and...
Real Estate Firms Seek GST Resolution

Real Estate Firms Seek GST Resolution

In a concerted effort to address concerns surrounding Goods and Services Tax (GST) notices, prominent real estate companies have approached the Finance Ministry for...