Important changes w.r.t Liberalised Remittance Scheme (LRS) and Tax Collected at Source (TCS) No change in rate of TCS for all purposes under LRS and for overseas travel tour packages, regardless of mode of payment, for amounts up to Rs. 7 lakh per individual per annum …
Dear Professional Colleagues, “Excellence is never an accident. It is always the result of high intention, sincere effort, and intelligent execution; it represents the wise choice of many alternatives — choice, not chance, determines your destiny.”– Aristotle The reputation carved by the profession over the years …
Professional Development Committee The Institute of Chartered Accountants of India 30th June, 2023 Changing of cut-off date to 1st July instead of 1st January of every year for the Bank Branch Auditors Panel As members are aware, every year PDC prepares a Multipurpose Empanelment Panel of …
ICAI has unveiled its new logo to commemorate the start of its 75th year. The logo features a modern interpretation of the Garuda, the mythical bird-like creature that is a symbol of strength, power, and wisdom in Indian mythology. The Garuda is depicted in a vibrant …
According to a recent report, the government is considering making e-invoicing mandatory for GST businessmen with an annual turnover above Rs 1.5 crore from next year. E-invoicing is the process of generating and storing invoices in electronic format. It is a more efficient and secure way …
CGST Delhi West Commissionerate busts nexus of more than 30 fake firms and arrests a person in special drive against fake registrations The CGST Delhi West Commissionerate under CGST Delhi Zone, upon analysis of an entity under investigation as part of Special Drive against fake registrations, …
The Noida Police arrested three Delhi-based men on Friday, June 23, 2023, in connection with a multi-crore GST scam. The total number of arrests in the case has now increased to 15. The three men who were arrested have been identified as Atul Gupta, Sumit Garg, …
CBIC Member Rajiv Talwar received suggestions on GST from traders, tax consultants, and industrialists in Chandigarh on Saturday, June 25, 2023. He was here to know about the problems being faced by its stakeholders while dealing with GST. On this occasion, The Tax Practitioners Association gave …
