The PM Surya Ghar Muft Bijli Yojana is a recently launched Indian government initiative that aims to provide free electricity to households by promoting the installation of rooftop solar panels. Quick Summary of the PM Surya Ghar Muft Bijli Yojana Launched on: February 15, 2024, by …
With the financial year ending on March 31st, 2024, many individuals in India are looking for tax saving investments options to reduce their tax liability. Here are some popular Tax Saving Investments Options to consider: 7 Best Tax Saving Investments Options to Consider Equity Linked Savings …
In a significant development, the Noida police have executed a district court order to attach immovable assets belonging to two Delhi-based individuals accused of orchestrating a massive GST fraud amounting to nearly ₹10,000 crore. This action comes in the wake of an extensive investigation launched last …
Action against Paytm Payments Bank Ltd under Section 35A of the Banking Regulation Act, 1949 – Additional Steps The Reserve Bank of India, in exercise of its powers under section 35A of the Banking Regulation Act, 1949, had put certain business restrictions on Paytm Payments Bank, …
ANNOUNCEMENT Mock Test Papers Series-I for Students appearing in CA Final/Intermediate May 2024 Examinations The Board of Studies is commencing Mock Test Papers Series – I from 4th March,2024 for Students appearing in CA Final/Intermediate Course for May 2024 Examinations. The Mock Test Paper Series – …
Biocon Ltd, a leading biopharmaceutical company, disclosed in a regulatory filing that it has been served with an order of adjudication, imposing a penalty of Rs 3,03,78,465. The penalty, dated February 22, 2024, originates from the office of the Deputy Commissioner of Commercial Taxes, Divisional GST …
The taxation authority has intensified its efforts to curb tax evasion and enforce compliance with Goods and Services Tax (GST) regulations. In a recent development, notices have been issued to 324 businesses and retailers suspected of dodging taxes and violating GST provisions. This crackdown follows the …
The Directorate General of Goods and Services Tax Intelligence (DGGI) has launched a sweeping investigation into suspected tax evasion amounting to approximately ₹850 crore by major commercial tutoring institutions for the fiscal years 2020-21 and 2021-22. This probe, initiated in January 2023, aims to uncover discrepancies …
The Central Board of Direct Taxes (CBDT) recently released a corrigendum, marked as Notification No. 22/2024 dated February 21, 2024, amending Notification No. 19/2024 dated January 31, 2024. This corrigendum serves to provide clarity and notify six specific changes and aspects concerning the Income Tax Return …
The Enforcement Directorate (ED) has reportedly prolonged its lookout circular (LOC) against Byju Raveendran, the founder of the embattled ed-tech giant Byju’s, as part of an ongoing investigation into alleged violations of the Foreign Exchange Management Act (FEMA). This latest development comes as the federal agency …
