Category Archives: Home

Rs 1,68,337 crore gross GST revenue collected during February 2024;

By | March 1, 2024

Ministry of Finance ₹1,68,337 crore gross GST revenue collected during February 2024; records Year-on-Year (Y-o-Y) growth of 12.5% Average monthly gross collection for FY2023-24 is ₹1.67 lakh crore, exceeding ₹1.5 lakh for FY2022-23 Gross GST collection reaches ₹18.40 lakh crore for FY2023-24, grows 11.7% Y-o-Y Net revenue at ₹1.51 lakh crore is up 13.6% for… Read More »

Govt Servant Meaning and Members of family

By | February 26, 2024

As per Rule  2(b) and 2(c) of Central Civil Service (Conduct) Rules 1964 (b)   “Government servant” means any person appointed by Government to any civil service or post in connection with the affairs of the Union and includes a civilian in a Defence Service; EXPLANATION- A Government servant whose services are placed at the… Read More »

Bharatiya Nyaya Sanhita 2023 applicable from 1st july 2024 Notification Download

By | February 24, 2024

Bharatiya Nyaya Sanhita 2023 applicable from 1st july 2024 Notification Download MINISTRY OF HOME AFFAIRS NOTIFICATION New Delhi, the 23rd February, 2024 S.O. 850(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Bharatiya Nyaya Sanhita, 2023 (45 of 2023), the Central Government hereby appoints the 1st day of July, 2024… Read More »

24 Reporting entities to perform aadhaar authentication service under the Aadhaar Act

By | February 22, 2024

List of reporting entities to perform aadhaar authentication service under the Aadhaar Act The Ministry of Finance has notified 24 reporting entities that shall comply with the standards of privacy and security under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016. Further, these entities are permitted to perform authentication… Read More »

42nd Edition of ICAI-GST E-Newsletter

By | February 19, 2024

Dear Professional Colleagues, Greetings from GST and Indirect Taxes Committee. We are delighted to share with you the “42nd Edition of ICAI-GST E-Newsletter”. This edition of Newsletter contains articles on “GST & IBC- An Interesting Saga of ‘Entwined Twins”, “Interest under GST – A Disincentive for Litigation” and “Show Cause Notice – Checking the Validity”.  Other regular features… Read More »

Tax Demand waived upto Rs 1 Lakh by Income Tax department

By | February 19, 2024

Tax Demand waived upto Rs 1 Lakh by Income Tax department Consequent to the Order of the CBDT in F.No 375/02/2023-IT-Budget dated 13.2.2024 eligible outstanding direct tax demands have been remitted and extinguished. Please log into your account and follow the path Pending Action > Response to Outstanding Demand to check the status of ‘Extinguished… Read More »

MCA operationalises Central Processing Centre (CPC) for Centralised Processing of Corporate Filings

By | February 16, 2024

Ministry of Corporate Affairs MCA operationalises Central Processing Centre (CPC) for Centralised Processing of Corporate Filings 12 forms/applications will be processed at CPC from 16.02.2024; followed by other forms from 01.04.2024 onward CPC will process applications in time-bound and faceless manner on the lines of Central Registration Centre (CRC) and Centralised Processing for Accelerated Corporate… Read More »

Finance Act, 2024. Notified Download

By | February 16, 2024

Finance Act, 2024 Download MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 15th February, 2024/Magha 26, 1945 (Saka) The following Act of Parliament received the assent of the President on the 15th February, 2024 and is hereby published for general information:— THE FINANCE ACT, 2024 NO. 8 OF 2024 Download Click here 

New change on e-Invoice portal of GST

By | February 4, 2024

Introducing the enhanced Goods and Services Tax (GST) system by the Government of India, States, and Union Territories, featuring the new e-Invoice System. The portal offers a range of quick features for users, including the ability to perform quick actions such as searching for Invoice Reference Numbers (IRNs), checking enablement status, addressing grievances, accessing the… Read More »