Author: Kewal Garg
EPFO removes Aadhaar as proof of date of birth in line with UIDAI's directive and legal stance on Aadhaar's limitations. EPFO members and entities involved in date of birth …
GSTN has issued an advisory on new Tables 14 and 15 in GSTR-1, earlier introduced via Notification 26/2022. These tables will be available in GSTR-1/IFF from January 2024 tax …
CBIC extends Due Date up to 10th January, 2024 for GSTR-9/9C (2022-23) for 9 Tamilnadu districts (Chennai, Tiruvallur, Chengalpattu, Kancheepuram, Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi, and Virudhunagar).
CBIC extends due date for GSTR-3B (Nov. 2023) upto 10th January, 2024 for taxpayers of Tirunelveli, Tenkasi, Kanyakumari, Thoothukudi and Virudhunagar districts of Tamilnadu.
ICAI has released second edition (January 2024) of the "Technical Guide on BEPS Action Plans and MLI (Multilateral Instrument)" to provide guidance for transparent international tax practices.
RBI has issued revised Instructions effective 01/04/2024 relating to Inoperative Accounts/ Unclaimed Deposits in Banks and waiver of related Penal Charges.
Government has announced revised/increased interest rates for Q4 of FY 2023-24 (01/01/2024 to 1/03/2024), in respect of certain small saving schemes.
CBDT has issued detailed guidelines regarding Tax Deduction at Source (TDS) u/s 194-O in the case of e-commerce operators (ECOs), vide Circular 20/2023.
CBDT has notified revised/new income tax return forms, ITR-1 Sahaj and ITR-4 Sugam, applicable for AY 2024-25, vide Notification 105/2024.
Key points of the ICAI's proposed new framework for consequential provisions regarding annual CPE compliance requirements beginning calendar year 2024.