The Institute of Chartered Accountants of India (ICAI) has recently displayed an exposed draft on...
News
Enhancement of the GST revenue collections considered as the ‘new normal’: FM
Finance Minister Nirmala Sitharam has commended the taxmen for the measures of implementation...
IT Department’s Move to Charge Higher TDS for Non-Filers
According to the Budget 2021, the non-filers of income tax for the last two fiscal year will be...
HSN Code Made Mandatory On GST Invoices From 1st April 2021
As per the notification issued by the GST authorities in October 2020, the HSN codes are now...
43rd GST Council Meeting: Relief for Taxpayers and More
The GST council met after six months for the 43rd council meeting on 28th May 2021. Finance...
GST shortfall may force government to borrow $22 billion
Due to the Goods and Service Tax (GST) shortfall, the government of India may need to borrow more...
‘Accounting for E-Commerce entities’: ICAI issues guidance note
Clearing the air, the Institute of Chartered Accountants of India (ICAI) has issued a guidance...
E-invoice mandatory for businesses with turnover over 50 Cr
The central board of Indirect taxes and custom (CBIC) issued a notification and made it mandatory...