To be considered eligible for creator ads revenue sharing you must Be subscribed to X Premium or Verified Organizations. Have at least 5M organic impressions on your cumulative posts within the last 3 months. Have at least 500 followers Once you meet the eligibility criteria, you’ll need …
The Institute of Chartered Accountants of India (ICAI) has granted relaxation to old course students to commence 3 years of Practical Training (PT) under various routes. Official copy of the notification has been enclosed below Board of Studies (Academic) The Institute of Chartered Accountants of India …
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (August 10, 2023) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. The standing deposit …
The CBDT has extended the applicability of Rule 10TD(1) and Rule 10(2A) of the IT Rules, 1962, which are the Transfer Pricing Safe Harbour Rules, until the Assessment Year 2023-24. This means that taxpayers can continue to use the TP Safe Harbour Rules to determine the …
As we celebrate India’s 77th Independence Day in a few days, I am happy to note that the Indian economy is exuding enhanced strength and stability despite the massive shocks to global economy in recent years. Our economy has continued to grow at a reasonable pace, …
ICICI Lombard General Insurance has received a tax demand notice from the Directorate General of GST Intelligence for a sum of ₹273.44 crore. The notice is related to settled motor insurance claims and alleges a tax demand under the GST Act, including interest and penalty. The …
The Union Cabinet has approved the bill to amend the GST rate to 28% on online gaming, casinos, and horse racing in India. The bill will be presented in the ongoing monsoon Parliament Session and is expected to be enforced by October 1. The GST council, …
The GST, e-Invoice System issued an update on August 9, 2023, stating that sub-users can now access e-Invoices generated by the main user and perform View/Cancel/Generate EWB. This is a welcome change, as it will allow businesses to delegate e-Invoice generation and management tasks to sub-users, …
Central Board of Direct Taxes (CBDT) issued guidelines on August 3, 2023 for the mandatory selection of returns for comprehensive scrutiny in the financial year 2023-24. The guidelines are in addition to the previous guidelines issued by the CBDT on May 24, 2023. The following are …
Withdrawal of ₹2000 Denomination Banknotes – Status The Reserve Bank of India had announced the withdrawal of ₹2000 banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The total value of ₹2000 banknotes in circulation, which amounted to ₹3.62 lakh crore on March 31, …
