International Credit Card transactions are now covered under the Liberalised Remittance Scheme (LRS). Accordingly, any payments made through International Credit Card of…
Continue Reading
Update on E – Invoice
GST E-Invoice implementation phase wise along with time limit for reporting of E -Invoice on IRP Portal. Download PDF:-
Continue Reading
Macro Economic Factors- March 2023
The Macro-Economic factors indicators for March 2023 are signaling at mixed picture. Going forward, with some degree of slowdown in India’s…
Continue Reading
Highlights of the GST Amnesty Scheme 2023
Announcement of an GST Amnesty Scheme 2023 to provide relief to registered taxpayers. Download PDF:-
Continue Reading
Cost Inflation Index for FY 2023-24
Download PDF:-
Continue Reading
Partial Relaxation with respect to electronic submission of Form 10F
The Central Board of Direct Taxes (CBDT) has given partial relief to non-resident taxpayers by exempting them from mandatory electronic filing of Form 10F until September 2023. Filing…
Continue Reading
Macro Economic Factors- February 2023
Indian Macroeconomic indicators for February 2023 showed mixed signals. India’s CPI inflation stood at 6.44% in Feb 2023, marginally lower…
Continue Reading
Highlights of the Maharashtra state Budget Speech dated: 09 March 2023.
Announcement of an Amnesty Scheme, ‘Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late fees Act, 2013’ in respect…
Continue Reading
Mandatory Peer Review of Practice Units – Phase II
The Institute of Chartered Accountants of India has introduced Phase II criterias for mandatory peer review of Practice Units. Download…
Continue Reading
Macro Economic Factors- January 2023
Download PDF :-
Continue Reading
Budget 2023-24 Highlights & Detailed Note
Hon. Minister Mrs. Nirmala Sitaram presented the last full budget before the general election. Below is the snapshot of Key…
Continue Reading
December 2022 Macro-Economic Update
December 2022 macro-economic indicators show mixed signals amidst recovery of the Indian economy. Download PDF:-
Continue Reading
Manner of filing an application for GST refund by Unregistered Persons
Central Board of Indirect Taxes & Customs (CBIC) vide Notification No 20/2022 issued on 27th December 2022 has notified the manner of filing an application for refund by…
Continue Reading
Partial Relaxation with respect to electronic submission of Form 10F
The Central Board of Direct Taxes (CBDT) has given partial relief to non-resident taxpayers by exempting them from mandatory electronic filing of Form 10F until March 2023. Filing…
Continue Reading
November 2022 Macro-Economic Update
India’s November 2022 macro-economic indicators suggest economic activity has held up well supported by domestic demand and is expected to be resilient amid…
Continue Reading
Key recommendations of 48th GST Council Meeting
Download PDF:-
Continue Reading
Explanation on Significant Economic Presence (SEP) under Income Tax Act, 1961
Where a business connection is established by reason of significant economic presence in India, only so much of income as…
Continue Reading