Leave Encashment Exemption Limit Enhanced for Private Sector Employees
The tax exemption limit for non-government (private sector) salaried employees on leave encashment has been raised from Rs 3 lakh to Rs 25 lakh, effective April 1, 2023.
RBI’s Strategic Move: Discontinuation of Rs 2,000 Banknotes
Discover the full story behind the RBI's decision to halt the circulation of Rs 2,000 notes. Learn about the implications, transition roadmap and the strategic reasons behind this significant …
MCA’s C-PACE: Corporate Exits Simplified
Discover how the Centre for Processing Accelerated Corporate Exit (C-PACE) simplifies the process of striking off companies from the MCA Register, fostering ease of doing business in India.
CBIC’s Automated GST Return Scrutiny Module: Enhancing Compliance
Discover the innovative Automated GST Return Scrutiny Module introduced by CBIC, designed to enhance tax compliance, reduce manual intervention and increase tax administration efficiency using data analytics.
ICAI Convocations May-2023 for Newly Qualified CAs
ICAI has announced that the next Convocation (May-2023) for newly qualified Chartered Accountants (CAs) will be held at 12 different locations across the country on 27-28 May 2023.
GST e Invoicing: Reduction in Turnover Limit, Exclusions and Deadline Extensions by CBIC
CBIC announces a further reduction in the aggregate turnover threshold limit, from Rs 10 crore to Rs 5 crore, for 'e invoicing' of B2B transactions, effective 01/08/2023.
Second Phase of Peer Review now Mandatory from July 1, 2023: ICAI
The Institute of Chartered Accountants of India has announced that the second phase of Peer Review Mandate is now mandatory from July 1, 2023. Learn more about the enhanced …
New 7-Day Limit for Reporting Invoices on IRP Portal Deferred: GSTN
Stay informed about the new 7-day reporting window for invoices on the IRP portal. Learn how it affects taxpayers with AATO over 100 crores and the necessary steps for …
CBIC’s Special All-India Drive Against Fake GST Registrations
Discover how the CBIC's Special All-India Drive aims to combat fake GST registrations by detecting and eliminating fraudulent GSTINs, safeguarding government revenue and ensuring the GST ecosystem's integrity.
Timely Filing of GST Returns: GSTN Advisory to Taxpayers
Discover the insights from the GSTN advisory on timely filing of GST returns and learn valuable tips to ensure a hassle-free and efficient return filing experience.