News

In 50th GST Council Meeting held on 11th July 2023 under the chairmanship of Finance Minister, GST Council decides to levy 28% GST on full value of gaming, horse racing and casinos.

GST Rate of 28% on Online Gaming; Revenue Secretary clarifies some facts

GST Rate on Online Gaming has always been 28%; Clarifies Revenue Secretary

Articles

The Institute of Chartered Accountants of India(ICAI) has issued Exposure Drafts of SQM 1, SQM 2, SA 220(Revised), SA 250(Revised), SA 315(Revised), SA 540(Revised), SRS 4400(Revised).

ICAI releases Exposure Drafts of SQM 1, SQM 2, Revised SA 220, 250, 315, 540 and Revised SRS 4400

The Reserve Bank of India has notified in the press release that 11 NBFCs surrender their Certificate of Registration to RBI.

11 NBFCs surrender their Certificate of Registration to RBI

Circulars

CBDT issued Clarification on taxability of income of non-resident investor earned from off-shore investments in investment fund routed through an Alternative Investment Fund.

CBDT Clarification on taxability of income of non-resident investor earned from off-shore investments

The Reserve Bank of India(RBI) has notified the cancellation of Registration Certificate of 4 NBFCs. RBI notified this via issuing Press release.

RBI cancels Certificate of Registration of 4 NBFCs

Disciplinary Committee of ICAI held that CA. Sunil Kumar Goyal is Guilty of Professional Misconduct for offering Account/ Tax/ GST services for Free and promoting through whatsapp pamplets.

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GST Rate on Online Gaming has always been 28%; Clarifies Revenue Secretary

ICAI releases Exposure Drafts of SQM 1, SQM 2, Revised SA 220, 250, 315, 540 and Revised SRS 4400

11 NBFCs surrender their Certificate of Registration to RBI

CBDT Clarification on taxability of income of non-resident investor earned from off-shore investments

RBI cancels Certificate of Registration of 4 NBFCs

CA Reprimanded for offering Account/ Tax/ GST services for Free and promoting through whatsapp pamplets