The GST Council had suspended the provision for deduction of TDS and collection of TCS, as well as implementation of reverse charge mechanism (RCM) till June 30.

CBIC extends RCM relaxation by 3 months upto 30th September 2018
The Central Board of Indirect Taxes and Customs today have further issued Notifications for exempting payment under reverse charge under sections 9 (4), 5 (4) and 7 (4) of the CGST Act, IGST…

#GSTAtOne #1YearOfGST Is #GST turning out to be a Good & Simple Tax and One Nation One Tax ?

Finance Minister @PiyushGoyal upholds the role of Chartered Accountants in Nation Building, healthy economy and GST implementation in the programme of #GSTForNewIndia organized by @cbic_india in New Delhi @theicai #CADay https://t.co/aBZzyZQ49h

Income Tax E filing Portal asking to re-update the Contact details of already updated logins
Posted on 6th July 2018 at 11 AM
The E filing Portal of Income Tax is asking to update the contact and address details even though the same are entered earlier notifying…

ICAI UDIN aims to address concerns of CAs with respect to forgery and fake use of name by Non CAs.
ICAI have launched Unique Document Identification Number (UDIN) facility which is a unique number, which will be generated by the system for every document…

CBIC Launches Web-help service for the taxpayers for faster resolution of query
CBIC have launched Web-help service for the taxpayers where they can get faster resolution of their query.
This can be accessed on the website http://cbec-gst.gov.in  through

Finance Ministry increases threshold limits to file appeals against taxpayers to reduce litigations
In a highly welcome step In order to reduce the long pending grievances of taxpayers and to minimise litigations pertaining to tax matters and to facilitate…

Disciplinary body for auditors won't have power to create accounting standard, but can penalise auditors

ICAI submits 7th set of 121 Suggestions on Critical GST Issues to FM Indirect Tax Committee of ICAI have submitted its 7th Set of very very critical and important Suggestions having 121 GST legal and implementation issues to Finance Minister on 12th July…

Income Tax Return E filing portal crashes, work of tax professional hampers
The Income tax portal crashed today since afternoon. Work of thousands of Tax professionals across country have come to a standstill because of the same before the deadline of 31st…