The Central board of direct Taxes (CBDT) today issued clarification and a bunch of Frequently Asked Questions (FAQs) to clarify the confusion of the newly introduced income declaration scheme. This is the second set of

The Directorate General of Foreign Trade (DGFT), vide trade notice 33/2023-24 issued on November 10, 2023 has notified the launch of Revamped Electronic Bank Realisation Certificate (eBRC) System for Self-Certification by Exporters with effect from

The Central Board of Direct Taxes (CBDT) issued the Frequently Asked Question (FAQs) in respect of action required to be taken in cases where income escaping assessment pertains to Assessment Years 2013-14 to 2017-18. “Clarifications/queries

The Directorate General of Foreign Trade (DGFT) vide trade notice no. 22/2023 has issued final notice for on-boarding on the common platform for the mandatory electronic filing of preferential Certification of Origin (CoO) up to

The income tax department has released a set of Frequently Asked Question (FAQs) on the Annual Information Statement. Annual Information Statement (AIS) is comprehensive view of information for a taxpayer displayed in Form 26AS. Taxpayer

The Institute of Chartered Accountants of India ( ICAI ) has issued Frequently Asked Questions (FAQs) on Opt-Out’ of CA Exams May 2020. In continuation to Important Announcement dated 15th & 17th June 2020, students who

According to the United Arab Emirates, UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (the Corporate Tax Law), businesses will become subject to UAE Corporate Tax from the beginning of

The Institute of Company Secretaries of India( ICSI ) has issued Frequently Asked Questions (FAQs) on Merging of June 2020 to December 2020 CS Examination. In continuation to Important Announcement of December 2020 Session of

The Reserve Bank of India (RBI) published Frequently Asked Questions (FAQs), in which they were able to address practically all of the concerns. The Reserve Bank of India has announced the withdrawal of Rs. 2000

The institute of company secretaries India (ICSI) is conducting a webinar on Board Meeting, General Meeting & remote Working – IT Perspective for members. Due to recent pandemic, the work culture of Corporates & Professionals

The CBEC issues a set of Frequently Asked Questions (FAQs) on the applicability of Goods and Services Tax (GST) applicable to textiles sector wherein it was clarified that sarees would attract 5% GST. Clearing the

Sarees and dhotis are classifiable under different heading depending on their constituent, the tax department said. A Frequently Asked Questions (FAQ) on HSN code has been issued by the department today clarifying HSN codes and

The Institute of Chartered Accountants of India (ICAI) has released the Frequently Asked Questions (FAQs) on Unique Document Identification Number (UDIN). Recently the ICAI  has announced the restriction of the revocation of Unique Document Identification

The changes relating to GST rate, in pursuance of recommendations made by the GST Council in its 47th meeting, came into effect from today, 18th of July, 2022. One such change is moving from imposition

The Indirect Tax Committee of the Institute of Chartered Accountants of India ( ICAI ) has released  Frequently Asked Questions ( FAQ ) on GST Annual Return, GSTR-9. These FAQ’s have been drafted by CA.