Corporate tax collections in India, as a percentage of GDP, have varied over the past five years, starting at 2.8% in FY 2019-20 and reaching a provisional 3.1% in FY 2023-24. Collections dropped to 2 ...

Ministry of Finance addressed refund settlements for Income Tax Returns (ITRs) filed for Assessment Year 2024-25. Of the 3.98 crore ITRs claiming refunds, 3.94 crore were verified by taxpayers, making ...

Ministry of Corporate Affairs (MCA) reported 80.26 lakh form filings on the MCA21 platform from April 2024 to January 2025, up from 73.29 lakh during the same period last year. Of these, 53.08 lakh ...

MCA imposes Penalty for Section 10A Violation (Delay in filing INC-20A form) MINISTRY OF CORPORATE AFFAIRS THE REGISTRAR OF COMPANIES, TELANGANA, HYDERABAD 2nd FLOOR, CORPORATE BHAWAN, BANDLAGUDA, ...

Insolvency and Bankruptcy Board of India 4th February, 2025 This discussion paper has been prepared to address various operational challenges encountered in the Corporate Insolvency Resolution Process ...

It has been decided to permit the Bullion Exchange in the IFSC to introduce one or more liquidity enhancement schemes (LES) to enhance liquidity of illiquid commodity derivatives contracts. a. The ...

It may be noted that GST rate on hotel accommodation depends on the amount paid per room accommodation per day. Presently from 18.7.2022 onwards, GST is 12% for a room in a hotel which would cost upto ...

All told, we thus see manifestly that the bottom-line of this notable judgment by the Delhi High Court is that the arrested person must get adequate time to consult lawyer before remand. It thus ...

However, instances have been observed where, in the absence of any tangible material on record, bank accounts of taxpayers have been attached, causing severe disruptions to their business operations ...

The RERA Act was passed by the Parliament in the year 2016 and came into effect fully from 1 st May, 2017 but before 2016 there is no specific act that regulates the real estate sector in India.

Whether the date of online filing of an appeal is to be considered as the date of filing the GST appeal for considering limitation? 8. Whether an Order passed without considering credit in GSTR-2A is ...

The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers while simplifying the tax structure.