Clarification regarding regularization of refund of IGST
It is clarified that refund cannot be claimed where the registered person has only paid Integrated Goods and Services Tax and Compensation Cess on inputs and has availed exemption of only Basic Customs Duty (BCD) under the said notifications.
CBDT extends due date for furnishing return of income by taxpayers who have entered into international transactions
The due date for furnishing return of income for those taxpayers are extended from the 30th November, 2024 to 15th December, 2024.
Central Board of Indirect Taxes and Customs organises global India Authorised Economic Operator (AEO) programme in association with World Bank
AEO is a programme under the aegis of the World Customs Organisation (WCO) SAFE Framework of Standards to secure and facilitate Global Trade. AEO is a voluntary compliance programme which enables Indian Customs to enhance and streamline cargo security through close cooperation with the principal stakeholders of the international supply chain viz. importers, exporters, logistics providers, custodians or terminal operators, custom brokers and warehouse operators.
Puducherry Finance Department Announces Productivity Bonus for 2023-24
Finance Department of Puducherry announced the payment of productivity bonuses to employees of public sector undertakings (PSUs) and autonomous bodies for the accounting year 2023-24.
PFRDA Issues New Circular on Annuity Cancellations for NPS Subscribers
PFRDA has updated its guidelines for the cancellation or surrender of annuity policies under the National Pension System (NPS).
Income Tax Department’s Permanent Account Number (PAN) 2.0 Project
This project aims to streamline and modernise the process of issuing and managing PAN and TAN, making it more user-friendly and efficient.
IFSCA modifies International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022
The amended guidelines provides that the Regulated Entity shall adhere to the countermeasures when called upon to do so by any international or intergovernmental organisation of which India is a member and accepted by the Central Government.
EPFO Issued New Directive on UAN Activation and Aadhaar Seeding for ELI Scheme Benefits
EPFO issues UAN Activation and Seeding Bank Account with Aadhaar for availing the benefits under ELI Scheme.
CBDT allows Condonation of delay in filing of Form No. 10-IC or Form No. 10-ID
CBDT allows Condonation of delay in filing of Form No. 10-IC or Form No. 10-ID for Assessment Years 2020-21, 2021-22 and 2022-23
CBDT facilitates electronic filing of appeals against withdrawal of provident, superannuation & gratuity fund
This Notification shall come into effect from 22.11.2024.