A. Amendment
| Sr. no. | Category | Subject | In brief | In detail / Reference |
| 1 | DGFT | DGFT-Public Notice No. 18/2024-25 dated 22.08.2024 | regarding amendment of para 4.49(g) under Chapter 4 of the Handbook of Procedures, 2023, to reduce Compliance Burden and enhance Ease of doing Business. | Read more |
| 2 | DGFT | DGFT Trade Notice 14/2024-25 dt 22.08.2024 | regarding draft modalities for Pilot launch of E-commerce Export Hubs (ECEH). | Read more |
| 3 | GST | Circular No. 15/2024 – Kerala SGST dated 17.08.2024 | instruction regarding authentication of return and statements filed through new software KITIS. | Read more |
| 4 | GST | Trade Circular No. 21T of 2024 – MGST dated 13.08.2024 | Guidelines for recovery of outstanding dues, in cases wherein first appeal has been disposed of, till Appellate Tribunal comes into operation. | Read more |
B. Article
| Sr. no | Category | In brief | Authored by | In detail / Reference |
| 1 | GST | DEMPE and GST: OECDs Intangible Asset Management The key question is whether DEMPE activities constitute a supply from the parent to the subsidiary (or vice-versa) followed with the valuations? | Vikash Agarwal | Read more |
C. Tax in Media
| Sr. no. | Category | In brief | In detail / Reference |
| 1 | GST | The Ministry of Information and Broadcasting (I&B) has urged the Department of Revenue to take initiatives for exempting digital news subscriptions from the Goods and Services Tax (GST) or bringing it down to 5% from 18%. | Read more |
| 2 | GST | The government is likely to introduce Goods and Services Tax (GST) relief measures for major players, including Infosys, foreign airlines, and foreign shipping lines, according to sources familiar with the matter. | Read more |
| 3 | GST | The investigation arm of the Goods and Services Tax (GST) authority has issued over 20,000 notices pan-India for assessment year (AY) 2017-18 to AY2021-22, involving tax demand of over Rs 80,000 crore, according to an initial estimation. | Read more |
| 4 | Customs | The government is aiming to digitalise the entire customs process by April 2026 and bring more departments on board the single window interface for facilitating trade (SWIFT) portal to expedite the clearance procedure, official sources said. | Read more |
| 5 | Income tax | The Income Tax Department has issued 10,000 reopening notices to companies and individuals in major cities, seeking explanations for apparent discrepancies in their reported incomes. The notices relate to the 2018-19 assessment year and such cases cannot be reopened after August 31. | Read more |
| 6 | Income tax | Union Finance Minister Nirmala Sitharaman on Wednesday asked the Income tax department to work towards being identified as fair and friendly. | Read more |
| 7 | Income tax | CBDT Chairman Ravi Agrawal stated on Wednesday that the review of the Income Tax Act of 1961 is set to be completed within the designated six-month timeframe. | Read more |
D. Webinar
| Sr. no. | Category | Topic | Speaker | Date/ Time | Click here to Register |
| 1 | GST | All about Reverse Charge Mechanism (RCM) in GST | Mr. Ganesamoorthi V | 23.08.2024 (Friday) 2:30 pm to 3:30 pm | Click here to know more & Register |
| 2 | Income tax | Important Aspects of TAX AUDIT | CA Aman Rajput | 24.08.2024 (Saturday) 2:30 pm to 3:30 pm | Click here to know more & Register |
Webinar Videos Watch here
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