Latest update 11.07.2024

A. Amendment

Sr. no.CategorySubjectin briefin detail / reference
1GSTCircular no. 223/17/2024-GST dated 10.07.2024regarding amendment in circular no. 1/1/2017 in respect of Proper officer for provisions relating to Registration and Composition levy under the Central Goods and Services Tax Act, 2017 or the rules made thereunder.click here to read more
2CustomsInstruction No.18/2024-Customs dated 10.07.2024CBIC issued an Instruction No. 18/2024- Customs on 10.07.2024 regarding the applicability of SCOMET policy on irregular Aluminium Powder – Clarification by DGFT.click here to read more
3DGFTDGFT Trade Notice 08/2024-25 dt 10.07.2024DGFT issued Trade Notice No. 08/2024-25 on 10.07.2024 to provide clarification to the Trade Notice No. 07/2024-25.click here to read more
4Income taxNotification no. 52/2024 dated 09.07.2024- Income taxCBDT issued Notification No. 52/2024 on 09.07.2024 to hereby specify Agriculture Production Commissioner (APC) & Secretary to Government, Agriculture & Co-operation Department, Government of Telangana for the purposes of Section 138(1)(a)(ii) of the Income-tax Act, 1961.click here to read more
5Income tax PortalITR-1 to 7 for AY 2024-25 are enabled for filingITR 1 to 7 for FY 2024-25 are enabled for filing in offline as well as online mode at e-filing portalclick here to read more
6Income tax PortalITR-7 latest version of utilityITR-7 latest version of utility – For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) onlyclick here to read more

B. Article

Sr. no.CategoryTitleAuthored byin detail / Reference
1GSTReflecting in GST’s 7-year Journey: Insights and Future DirectionsSri. Sudip Gupta Jiclick here to read more
2GSTWhether proper officer has the authority to pass an order beyond the period of 7 days from date of service of notice or detention or seizure of goods or conveyance?CA Ritesh Aroraclick here to read more
3GSTSection 73: HC set-aside attachment order over SCN and notice issued in improper mannerMs. Meenakshi Jainclick here to read more

C. Tax in Media

Sr. No.Categoryin briefin detail / reference
1Budget 2024The Indian healthcare sector has high expectations for the upcoming budget on July 23rd, 2024. Experts anticipate a significant rise in healthcare spending. Investments in rural healthcare facilities and primary care are also expected to receive a boostread more
2GSTPunjab Finance, Planning, Excise, and Taxation Minister Advocate Harpal Singh Cheema chaired a review meeting of the Excise and Taxation department, where he directed officials to intensify efforts towards improving GST compliance in the service sector.Read more
3GSTSanjay Rathi has been appointed Chief Commissioner of GST and Customs, Andhra Pradesh. He assumed charge in Visakhapatnam on Monday.Read more
4Provident FundEvery month, a portion of your salary is set aside in a provident fund. The goal is to receive lump sum payments with interest at the time of retirement. But imagine losing that money to a fraudster who illegally withdraws from your account. It’s a terrifying thought, isn’t it?Read more

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