GST officers are coming at your shop or office | Second all-India drive against fake GST registrations to begin on Aug 16 August 15, 2024by Pooja Gupta Rate this post Tax officers will have to mention in the action taken report if he/she detects any novel modus operandi during the [...]

Finance Act (No.2) 2024 Notified | Download Finance Act (No.2) 2024 August 17, 2024by Pooja Gupta Rate this post The Government has notified The Finance Act (No.2), 2024 on 16th August, 2024, to give effect to the financial proposals of the Central Government for the financial year 2024-2025. However, the [...]

Reduce GST on online news subscriptions to 5%: MIB tells revenue dept August 17, 2024by Pooja Gupta Rate this post The ministry said that the move would ensure the flow of correct and factual information to the citizens. The Ministry of Information and Broadcasting (I&B) has proposed to the Revenue [...]

GST Composition Scheme Under Scrutiny: CAG August 20, 2024August 20, 2024by Pooja Gupta Rate this post Pooja Gupta CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator Post Views:3,972 Categories Articles, GSTTags ca guru ji, ca guru ji classes, CAG, composition scheme, Comptroller and [...]

GST Council to meet on Sept 9, to start discussion on rate rationalisation August 21, 2024by Pooja Gupta Rate this post The meeting is expected to start discussion on rate rationalisation, reducing tax slabs, besides removing duty inversion under GST | File image The GST Council, chaired by Union Finance [...]

Over Rs 80,000 crore worth GST notices issued for assessment year 2018-22 August 22, 2024by Pooja Gupta Rate this post 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 [...]

New Ledger of GST Portal: RCM Liability/ITC Statement August 25, 2024August 24, 2024by Pooja Gupta Rate this post To assist taxpayers in accurately reporting Reverse Charge Mechanism (RCM) transactions, a new statement called the “RCM Liability/ITC Statement” has been introduced on the GST Portal. This statement aims to enhance accuracy [...]

From 1 September 2024 your GSTR-1 will be blocked if you not do this August 24, 2024by Pooja Gupta Rate this post Furnishing Bank Account Details Before Filing GSTR-1/IFF Refer Notification No. 38/2023 – Central TaxNew Delhi, the 4th August, 2023Aug 23rd, 2024 As per Rule 10A of the Central [...]

Unified Pension Scheme provides benefit of both old and new pension scheme August 25, 2024by Pooja Gupta Rate this post The Modi government has approved a new pension scheme on Saturday called the Unified Pension Scheme (UPS), which will come into effect from April 1 2025.The opposition parties were queueing [...]

3 new states notified on 24 August 2024 for Mandatory Biometric Aadhaar Authentication : GST August 25, 2024by Pooja Gupta Rate this post Biometric Aadhaar authentication is now made compulsory by an amendment in the CGST Act and Rules for all new GST registrations across India. The government is notifying [...]