GST Drive: Micro & Small Business Fear Unfair Licence and GST Registration Cancellation Amid Physical Visits
The Goods and Services Tax (GST) Department recently launched a drive against fake Goods and Services Tax (GST) registrations that could hit the...
BCD rate on Mobile Phones, TV, Batteries need to be calibrated to deepening of Domestic value Addition: Economic Survey Report 2023 [Read Report]
The Economic Survey Report 2023 emphasized that Basic Customs Duty (BCD) rate on Mobile Phones, TV, and Batteries need to be calibrated to deepening of Domestic Value Addition. The Customs duty...
MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]
The Amritsar Bench of Income Tax Appellate Tribunal (ITAT) presided over by M.L.Meena (Accountant Member) and Anikesh Bnerjee (Judicial Member) upheld the decision of the Commissioner of Income Tax...
![MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/MSME-Income-Tax-Exemption-under-Income-Tax-Act-ITAT-TAXSCAN.jpg "MSME registered for Skill Development not eligible for Income Tax Exemption under Section 12AA of Income Tax Act: ITAT [Read Order]")
Govt. notifies IBC Amendment Act, 2021 enables Pre-packaged Insolvency Resolution for MSMEs [Read Notification]
The Central Government has notified the Insolvency and Bankruptcy Code Amendment Act, 2021 which has enabled Pre-packaged Insolvency Resolution for MSMEs. The Insolvency and Bankruptcy Code...
![Govt. notifies IBC Amendment Act, 2021 enables Pre-packaged Insolvency Resolution for MSMEs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/08/IBC-Amendment-Act-2021-Pre-packaged-Insolvency-Resolution-MSME-Taxscan.jpg "Govt. notifies IBC Amendment Act, 2021 enables Pre-packaged Insolvency Resolution for MSMEs [Read Notification]")
Govt. appoints New Chairperson-ex officio, Vice-Chairperson of National Board for MSME [Read Notification]
The Ministry of Micro, Small, and Medium Enterprises (MSME) has appointed Narayan Tatu Rane as Chairperson-ex officio, Bhanu Pratap Singh Verma as Vice Chairperson of National Board for MSME. The...
