CBIC relaxation for filing Form GSTR 3B in Maharashtra & Jharkhand
CBIC relaxation for filing Form GSTR 3B in Maharashtra & Jharkhand till 21st November 2024.
CBIC allows manual filing of their IGCR-3 monthly statement till 31.01.2025
The CBIC has decided to permit the importers who are facing difficulties on electronic filing of their IGCR-3 monthly statement, may do so manually before jurisdictional officers till 31.01.2025. The monthly statement is to be filed online from the month of February 2025.
CBDT releases five informational brochures on various aspects of direct taxation
The Income Tax Department has set up the Taxpayers’ Lounge at the India International Trade Fair, 2024, Pragati Maidan, New Delhi, from 14th to 27th November, 2024.
Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25
As part of this campaign, informational messages will be sent via SMS and email to resident taxpayers who have already submitted their ITR for AY 2024-25. These messages are intended for individuals identified through information received under bilateral and multilateral agreements, suggesting that they may hold foreign accounts or assets, or have received income from foreign jurisdictions. The purpose is to remind and guide those who may not have fully completed Schedule Foreign Assets in their submitted ITR for AY 2024-25, especially in cases involving high-value foreign assets.
CBDT launches Compliance-Cum-Awareness Campaign for AY 2024-25
As part of this campaign, informational messages will be sent via SMS and email to resident taxpayers who have already submitted their ITR for AY 2024-25. These messages are intended for individuals identified through information received under bilateral and multilateral agreements, suggesting that they may hold foreign accounts or assets, or have received income from foreign jurisdictions.
CBDT extends income tax exemption to ‘Petroleum and Natural Gas Regulatory Board’
This notification shall be effective from the assessment year 2024-25, subject to the condition that the assessee continues to be a board constituted under the Petroleum and Natural Gas Regulatory Board Act, 2006.
CBIC introduces relaxations for Customs Cargo Service Providers
These measures aim to reduce operational costs and compliance burdens for CCSPs, that play a crucial role in handling of imported and exported goods. The changes are part of the Government’s ongoing efforts to reduce the cost and compliance burden, improve the efficiency of EXIM operations, and facilitate global trade.
Government of Haryana issued Latest GST Rules Amendment: Key Changes You Need to Know
Government of Haryana issued Latest GST Rules Amendment through Haryana Goods and Services Tax (Second Amendment) Rules, 2024
Haryana Government Waives Late Fee for GSTR-7 Returns
Haryana Government Waives Late Fee for GSTR-7 Returns
CBDT Notifies Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling claiming TCS Credit of Minors in the Hands of Parents
CBDT Notification dated 15.10.2024 has amended the Income-tax Rules, 1962 introducing Form No. 12BAA as the prescribed statement of particulars. Employees must provide these particulars to their employers, who are responsible for making payments. The employer, in turn, shall deduct TDS on salary after taking into account the furnished particulars.
