A. Updates
| Sr. no. | Category | Subject | In brief | In detail / Reference |
| 1 | GST Portal | Introduction of RCM Liability/ITC Statement | To assist taxpayers in correctly reporting Reverse Charge Mechanism (RCM) transactions, a new statement called “RCM Liability/ITC Statement” has been introduced on the GST Portal. | Read more |
| 2 | GST Portal | Advisory for furnishing bank account details before filing GSTR-1/IFF | Advisory and various communications have already been issued time to time to inform the taxpayers regarding furnishing the details of a valid Bank Account detail in the GST Registration. | Read more |
| 3 | Press Release-GST | GSTN is organising GST Analytics Hackathon to drive innovation in tax compliance through predictive analytics | The Goods and Services Tax Network (GSTN) is organising the GST Analytics Hackathon, an initiative to drive innovation in tax compliance through predictive analytics. | Read more |
| 4 | Press Release-GST | Union Finance Minister Smt. Nirmala Sitharaman inaugurates GST Bhawan at Udaipur, Rajasthan | Regular interactions between trade and tax officers will synergise solutions through a positive dialogue: Union Finance Minister | Read more |
B. Tax in Media
| Sr. no. | Category | In brief | In detail / Reference |
| 1 | GST | IndiGo to challenge penalties of Rs 3,50,299 over input tax credit issue | Read more |
| 2 | GST | Kalpataru Projects International gets GST demand notice | Read more |
| 3 | GST | Bajaj Auto seeks GST cut on CNG two-wheeler, fitment committee to consider proposal soon | Read more |
| 4 | GST | GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states | Read more |
| 5 | GST | GoM on rate rationalisation not in favour of merger of GST slabs | Read more |
| 6 | GST | Chargesheet in 175 cr GST refund scam | Read more |
| 7 | GST | What is GST – A look at how GST Council was set up | Read more |
| 8 | GST | GoM on GST rate rationalisation discusses cutting taxes on some items | Read more |
| 9 | Income tax | HC notices to Centre on new clause of I-T Act | Read more |
| 10 | Income tax | CBDT issues Central Action Plan for FY25, sets Income-Tax department roadmap — tax demands, cash transactions, arrears | Read more |
| 11 | Income tax | FAQs on Prima Facie Adjustment (PFA) & Defective for ITR 1 to 6 for AY 24-25 | Read more |
| 12 | Income tax | After hotel, hospital and shopping bills, Income Tax department targets Rs 15,000 crore evasion | Read more |
C. Webinar
| Sr. no. | Category | Topic | Speaker | Date/ Time | Click here to Register |
| 1 | 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
Advertisements
Follow us at Twitter
Support us contribute
Subscribe Newsletter
Share this content:
